Finding 970095 (2022-001)

Significant Deficiency
Requirement
AB
Questioned Costs
-
Year
2022
Accepted
2024-04-17
Audit: 303800
Organization: Town of Brownington (VT)

AI Summary

  • Core Issue: The Town lacks a consistent method for approving invoices and purchase orders, risking unallowable costs being charged to the federal program.
  • Impacted Requirements: This finding relates to compliance with 2 CFR 200.303, which mandates proper internal controls over cost principles.
  • Recommended Follow-Up: The Town should develop and implement documented approval policies to ensure only allowable costs are charged to the program.

Finding Text

2022-001 - Activities Allowed/Cost Principles Federal Program Information: ALN - 20.205 - Highway Planning and Construction Cluster Criteria: The following CFR(s) apply to this finding: 2 CFR 200.303 Condition: During audit procedures, it was identified that the Town does not have a consistent documented method over invoice and/or purchase order approval to ensure that only allowable costs are being charged to the program. Cause: The Town does not have the necessary internal controls over compliance. Effect: The Town is at an increased risk for unallowable cost to be charged to the program. Identification of Questioned Costs: None identified. Context: The sample selection consisted of 9 out of 35 transactions. Out of the 9 samples, 9 did not have board approvals prior to payment or account numbers noted on invoices to ensure that only allowable costs were being charged to the program. This is not a statistically valid sample. Repeat Finding: This is not a repeat finding. Recommendation: It is recommended that the Town review and implement policies and procedures for a consistent documented approval process to ensure that only allowable costs are charged to the program Views of Responsible Officials and Corrective Action Plan: Client agrees with finding, and the unabridged version of their response can be found in the Corrective Action Plan. Please see the Corrective Action Plan issued by the Town of Brownington.

Categories

Allowable Costs / Cost Principles

Other Findings in this Audit

  • 393653 2022-001
    Significant Deficiency
  • 393654 2022-002
    Significant Deficiency
  • 970096 2022-002
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
20.205 Highway Planning and Construction $842,583
21.027 Coronavirus State and Local Fiscal Recovery Funds $30,341