Finding 771401 (2022-001)

Significant Deficiency Repeat Finding
Requirement
LM
Questioned Costs
-
Year
2022
Accepted
2023-03-26
Audit: 178566
Organization: Mater Academy, Inc. (FL)
Auditor: Hlb Gravier LLP

AI Summary

  • Core Issue: A purchase order was issued after a purchase was made, violating the Organization's financial policies.
  • Impacted Requirements: The requirement for prior approval of purchase orders to prevent unauthorized purchases was not followed.
  • Recommended Follow-Up: Ensure adherence to purchase order policies and consider additional training and oversight for staff.

Finding Text

A. Internal Control: ML ? 2022-01 Purchase Orders Criteria: The Organization?s financial policies and procedures require that for most purchases, a purchase order be made and approved by the appropriate level of management before the order is placed with a vendor. Only certain purchases such as utilities are exempt from this requirement. Condition: While the Organization did use purchase orders consistently on all purchases tested, we noted one instance where the purchase order was issued after the purchase was made. Cause: The Organization?s policy regarding purchases orders were not followed for one purchase tested. Effect: Although not noted in any of the items tested, failure to follow the Organization?s policy may lead to unauthorized or improper purchases. Recommendation: We recommend that the Organization adhere to the purchase order policy and provide additional training and oversight as necessary. Views of Responsible officials: See corrective action plan for views of responsible officials.

Categories

Internal Control / Segregation of Duties Procurement, Suspension & Debarment

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
84.425 Education Stabilization Fund $10.13M
10.553 School Breakfast Program $5.96M
84.010 Title I Grants to Local Educational Agencies $5.56M
84.282 Charter Schools $4.94M
84.367 Supporting Effective Instructive State Grants $663,142
84.424 Student Support and Academic Enrichment Program $593,065
84.365 English Language Acquisition State Grants $79,339