Finding Text
Criteria or specific requirement: The County was required to complete an annual project and expenditure report, that would include expenses between the period April 1st, 2022 – March 31st, 2023, due by April 30, 2023. Condition: In reviewing the submitted annual expenditure report during compliance testing, it was determined the County's report submitted for April 1st, 2022 - March 31, 2023 included costs that were recorded by the County during the month of April 2023. Questioned Cost: None. Effect: The submitted annual expenditure report was overstated. During testing it was determined that there were no questioned costs found, as all expenses were allowable, only reported in the wrong period. Cause: Management inadvertently included expenses from the month of April 2023 during the submission of their April 1st, 2022 - March 31st, 2023 annual expenditure report. Recommendation: Management should ensure that all expenditures reported on the annual report occur between the period of April 1st - March 31st of the reporting year. Management's Response: Management will perform a reconciliation between the general ledger and the expenditure report prior to submitting the final annual expenditure report.