Finding 837584 (2022-015)

Material Weakness
Requirement
C
Questioned Costs
-
Year
2022
Accepted
2023-08-10
Audit: 258987
Organization: Pinecrest Academy of Nevada (NV)
Auditor: Eide Bailly LLP

AI Summary

  • Core Issue: The School lacks proper internal controls for reviewing reimbursement requests, risking unallowable costs.
  • Impacted Requirements: This affects all grants under assistance listing 84.287, violating CFR 200.303 on internal control standards.
  • Recommended Follow-Up: Enhance internal controls to ensure all reimbursement requests are reviewed and documented by an independent party.

Finding Text

2022-015: U.S. Department of Education Passed through State of Nevada Public Charter School Authority Twenty-First Century Community Learning Centers, 84.287 Cash Management Material Weakness in Internal Control over Compliance Grant Award Number: Affects all grant awards included under assistance listing 84.287 on the Schedule of Expenditures of Federal Awards. Criteria: Title 2 U.S. Code of Federal Regulations (CFR) Part 200 Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) section 200.303 provides that non-federal entities must establish and maintain effective internal control that provides reasonable assurance that the non-federal entity is managing the federal award in compliance federal statutes, regulations, and the terms and conditions of the Federal award. A key component of effective internal control is the segregation of duties through a review and approval process. Condition: Requests for reimbursement did not have evidence of review and approval by an individual independent of the preparation process. Cause: The School did not have adequate internal controls to ensure review of requests for reimbursement occurred and was documented. Effect: Unallowable costs may be charged to the program and not detected by the School. Questioned Costs: None noted Context/Sampling: A non-statistical sample of two out of a population of four requests for reimbursement was selected for testing. There was no evidence of review on either of the two requests tested. Repeat Finding from Prior Year: No Recommendation: We recommend the School enhance internal controls to ensure review of requests for reimbursement occur and is documented. Views of Responsible Officials: Management agrees with this finding.

Categories

Allowable Costs / Cost Principles Cash Management Internal Control / Segregation of Duties

Other Findings in this Audit

  • 261138 2022-014
    Material Weakness
  • 261139 2022-016
    Material Weakness
  • 261140 2022-017
    Material Weakness Repeat
  • 261141 2022-014
    Material Weakness
  • 261142 2022-015
    Material Weakness
  • 261143 2022-017
    Material Weakness Repeat
  • 261144 2022-014
    Material Weakness
  • 261145 2022-017
    Material Weakness Repeat
  • 261146 2022-014
    Material Weakness
  • 261147 2022-017
    Material Weakness Repeat
  • 261148 2022-014
    Material Weakness
  • 261149 2022-017
    Material Weakness Repeat
  • 837580 2022-014
    Material Weakness
  • 837581 2022-016
    Material Weakness
  • 837582 2022-017
    Material Weakness Repeat
  • 837583 2022-014
    Material Weakness
  • 837585 2022-017
    Material Weakness Repeat
  • 837586 2022-014
    Material Weakness
  • 837587 2022-017
    Material Weakness Repeat
  • 837588 2022-014
    Material Weakness
  • 837589 2022-017
    Material Weakness Repeat
  • 837590 2022-014
    Material Weakness
  • 837591 2022-017
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
10.555 National School Lunch Program $1.54M
84.282 Charter Schools $999,390
84.425 Education Stabilization Fund $975,708
84.027 Special Education_grants to States $691,647
84.287 Twenty-First Century Community Learning Centers $223,954
84.367 Improving Teacher Quality State Grants $211,922
84.048 Career and Technical Education -- Basic Grants to States $19,610
84.196 Education for Homeless Children and Youth $5,731
93.243 Substance Abuse and Mental Health Services_projects of Regional and National Significance $180