Finding 952441 (2019-011)

Material Weakness
Requirement
J
Questioned Costs
-
Year
2019
Accepted
2024-03-13

AI Summary

  • Core Issue: There is a potential mischaracterization of program income, leading to an overstatement of $293,591 in the General Ledger.
  • Impacted Requirements: Compliance with 2 CFR Part 200.307 is necessary for accurate reporting of program income.
  • Recommended Follow-Up: The organization should collaborate with their cognizant agency to reconcile program income figures with actual award draws.

Finding Text

Program income of $293,591 was entered into Sage and submitted to the auditor along with all other General Ledger details. Separately, CUAHSI reported program incomes of different (smaller) amounts to NSF that are likely reflective of actual incomes generated by the active awards. Potential mischaracterization in General Ledger detail may have resulted in overstating program income. The organization is working to implement processes that are 2 CFR Part 200.307 compliant and will be work with their cognizant agency to reconcile accurate program income relative to award draws.

Categories

Program Income

Other Findings in this Audit

  • 375989 2019-001
    Material Weakness
  • 375990 2019-002
    Material Weakness
  • 375991 2019-003
    Material Weakness
  • 375992 2019-004
    Material Weakness
  • 375993 2019-005
    Material Weakness
  • 375994 2019-006
    Material Weakness
  • 375995 2019-007
    Material Weakness Repeat
  • 375996 2019-008
    Material Weakness
  • 375997 2019-009
    Material Weakness
  • 375998 2019-010
    Material Weakness
  • 375999 2019-011
    Material Weakness
  • 952431 2019-001
    Material Weakness
  • 952432 2019-002
    Material Weakness
  • 952433 2019-003
    Material Weakness
  • 952434 2019-004
    Material Weakness
  • 952435 2019-005
    Material Weakness
  • 952436 2019-006
    Material Weakness
  • 952437 2019-007
    Material Weakness Repeat
  • 952438 2019-008
    Material Weakness
  • 952439 2019-009
    Material Weakness
  • 952440 2019-010
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
47.050 Geosciences $1.45M
47.080 Office of Cyberinfrastructure $80,192
47.083 Integrative Activities $28,517
47.079 Office of Internal Science and Engineering $13,688
47.070 Computer and Information Science Engineering $9,122
47.070 Computer and Information Science and Engineering $4,346