Finding 62153 (2022-002)

Significant Deficiency Repeat Finding
Requirement
G
Questioned Costs
-
Year
2022
Accepted
2023-02-28
Audit: 57314
Auditor: Donovan PC

AI Summary

  • Core Issue: The School's Form 9 report is unreliable, leading to inaccurate maintenance of effort calculations for Title I funding.
  • Impacted Requirements: Compliance with 2 CFR part 200, which mandates accurate reporting of fiscal effort per student for federal funding eligibility.
  • Recommended Follow-Up: The School should establish internal controls to ensure accurate expense reporting on the Form 9 report according to state guidelines.

Finding Text

FINDING 2022-002 MAINTENANCE OF EFFORT (REPEAT FINDING) SIGNIFICANT DEFICIENCY Federal Program: Title I, Part A: Grants to Local Educational Agencies Assistance Listing Number: 84.010 Condition The Indiana Department of Education completes the maintenance of effort calculation using the Form 9 report issued by the School, which is a cash-basis report. Review of the School?s Form 9 found the report to be unreliable. Expenditures per the Form 9 totaled approximately $8,641,000 for the period of July 1, 2021 to June 30, 2022. Cash basis expenses per the School?s financial records totaled approximately $8,821,000. Criteria 2 CFR part 200, Appendix XI, Compliance Supplement 2020, Section 4-84.000-13, states ?An LEA may receive funds under an applicable program only if the SEA finds that the combined fiscal effort per student or the aggregate expenditures of the LEA from state and local funds for free public education for the preceding year was not less than 90 percent of the combined fiscal effort or aggregate expenditures for the second preceding year, unless specifically waved.? Cause The School did not report expenses in line with the guidelines set by the Indiana Department of Education. Effect Maintenance of effort calculations prepared by the Indiana Department of Education could be impacted by incorrect reporting of expense transactions. Recommendation We recommend the School develop internal controls to ensure expenses are properly reported on the Form 9 report in line with guidelines. Views of Responsible Officials and Planned Corrective Actions The School?s Corrective Action Plan is included on pages 23 and 24.

Corrective Action Plan

FINDING 2022-002 MAINTENANCE OF EFFORT (SIGNIFICANT DEFICIENCY) Matchbook Learning Schools of lndiana, Inc. was not reporting expenses in line with the guidelines set by the Indiana Department of Education with the Form 9. The Director of Finance got approval to allow the accounting firm the school employs to assist with more accurately reporting the input required for completion of the Form 9 in March of 2020. The school will continue to work with the accountants and the firm hired to ensure the Form 9 and maintenance of effort is accurate. Responsible Individual: Don Stewart, Director of Finance

Categories

Reporting Significant Deficiency Internal Control / Segregation of Duties

Other Findings in this Audit

  • 62154 2022-001
    Significant Deficiency
  • 62155 2022-001
    Significant Deficiency
  • 62156 2022-001
    Significant Deficiency
  • 638595 2022-002
    Significant Deficiency Repeat
  • 638596 2022-001
    Significant Deficiency
  • 638597 2022-001
    Significant Deficiency
  • 638598 2022-001
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
84.010 Title I Grants to Local Educational Agencies $496,992
10.555 National School Lunch Program $313,067
84.027 Special Education_grants to States $153,387
84.425 Education Stabilization Fund $99,000
10.553 School Breakfast Program $95,628
10.568 Emergency Food Assistance Program (administrative Costs) $33,345
84.424 Student Support and Academic Enrichment Program $15,000
84.365 English Language Acquisition State Grants $4,500
84.173 Special Education_preschool Grants $4,222