Finding Text
Finding No. 2022-001 Reporting Federal Agency: Department of the Treasury Federal Program Name: COVID-19 American Rescue Plan Act Local Fiscal Recovery Assistance Listing Number: 21.027 Pass-Through Agency: State of Connecticut Office of Policy Management Pass-Through Number(s): 12060-OPM20600-29669 Award Period: July 1, 2021 through June 30, 2022 Type of Finding: Significant Deficiency of Internal Control over Compliance Criteria or Specific Requirement: The Town shall submit the Project and Expenditure Report to the Treasury by April 30, 2022, and then annually thereafter. Condition: From the single reporting selection tested, the reporting requirement did not go through a review by an individual independent of the preparation process. Questioned Costs: None noted. Context: During our testing, it was noted there are no segregation of duties as one individual prepares and submits the report with no review occurring prior to submission. Cause: Lack of controls that ensure that all data reported is accurate and free from error prior to submission. Effect: The lack of controls over reporting could result in errors of reported data. Repeat Finding: No Recommendation: We recommend that the Town implement a control for the Project and Expenditure Report to be reviewed by an individual independent of the preparation process prior to submission to the Treasury. Views of Responsible Officials: Management agrees with the auditors? recommendation