Finding Text
Federal Program: U.S. Department of Treasury Passed through the New Jersey Economic Development Authority COVID-19 Sustain and Serve NJ CFDA #21.019 Criteria: Grantees are required to establish internal controls over compliance that ensure reimbursement is requested for individual invoices and prevent duplicate invoices from entering the system. Condition: The Foundation requested and received reimbursement using duplicate invoices on three occasions. Cause: The duplicate invoices were not detected during the reimbursement request process. Effect: The Foundation was paid for costs that were not incurred. Questioned costs: Unallowable costs of $12,590 were reimbursed to the Foundation. Context: A sample of 40 payments to restaurants totaling $464,776 was selected for audit from a population of $1,064,742. Our sample was a statistically valid sample. Recommendation: The Foundation should establish processes and controls to ensure duplicate invoices are not processed for reimbursement. View of Responsible Officials and Planned Corrective Action: The Foundation acknowledges and agrees with the findings and in the process of addressing this finding.