FAC Explorer

Finding 979539 (2022-003)

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Requirement
A
Questioned Costs
-
Year
2022
Accepted
2024-06-26
Audit: 310234
Organization: The Pre-School Inc. (AR)
Auditor: Przybysz & Associates CPAS PC

AI Summary

  • Core Issue: Lack of internal controls over federal fund disbursement raises concerns about spending on unallowed activities.
  • Impacted Requirements: Failure to track spending on specific federal grants increases the risk of misusing funds.
  • Recommended Follow-Up: Implement stronger controls and monitoring processes to ensure compliance with federal funding regulations.

Finding Text

The Organization does not have sufficient internal controls over the segregating and monitoring of disbursement of federal funds creating the appearance that federal funds are being spent on unallowed activities. The Organization did not track spending on certain federal grants, which allowed the possiblity that federal grant funding had been spent on unallowed activities.

Categories

Subrecipient Monitoring Internal Control / Segregation of Duties

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
10.558 Child and Adult Care Food Program $60,642
93.575 Child Care and Development Block Grant $5,615
93.658 Foster Care_title IV-E $2,794