Finding Text
Completeness and accuracy of Schedule of Expenditures of Federal Awards
(SEFA)- (Significant Deficiency)
Cluster: Not applicable
Sponsoring Agency U.S. Department of Housing and Urban Development
Award Name Home Investment Partnerships Program
Award Number Not applicable
Assisting Listing Number 14.239
Award Year FY 2002
Pass-through entity Not applicable
Criteria:
2 CFR 200.510 Financial statements requires auditees to prepare a schedule of expenditures of Federal
awards for the period covered by the auditee's financial statements which must include the total Federal
awards expended as determined in accordance with 2 CFR 200.502. The information presented should be
consistent with the accounting records and other federal guidance.
Condition:
Not all federal expenditures were included on SEFA. Through our discussions with management, we identified
federal expenditures that were excluded from SEFA.
Cause
The COVID-19 pandemic resulted in the receipt and expenditure of additional federal funds. There was a
limited information regarding new awards and reliance on the prior year information.
Effect
A SEFA that is not complete and accurate could impact the scoping of an entity’s major programs and result in
incomplete information being provided to the federal government..
Questioned Cost:
None noted
Recommendation:
Review all grant agreements. Develop checklist of anticipated awards in advance of the year and also
complete an interim SEFA to identify inconsistencies earlier in the fiscal year. We recommend a formal review
of final year-end SEFA for completeness and accuracy evidenced by a formal sign-off/approval.
Management's Views and Corrective Action Plan
Management's response is included in "Management's View and Corrective Action Plan" at the end of this
report after the schedule of findings and questioned cost.