Raleigh, NC – The North Carolina Office of the State Auditor (OSA) today posted its annual Statewide Single Audit of the federal funds the state receives each year. The report audits federal funds received by state agencies, universities, and colleges over multiple programs. These funds primarily take the form of grants such as Medicaid, Student Financial Aid, funds to build highways and bridges, and, more recently, financial assistance for programs to aid in the response to the COVID-19 pandemic.
Each year, the Single Audit uses a prescribed, risk-based approach to select certain programs to be audited. Auditors perform audit procedures to provide assurance to the federal government, as well as taxpayers, about the management and use of these federal funds. The results of the audit procedures are compiled into the Single Audit Report for the State of North Carolina and submitted to the Federal Audit Clearinghouse.
Noteworthy findings and recommendations issued by OSA included:
· Inadequate monitoring of Coronavirus Relief Funds by the North Carolina Pandemic Recovery Office (see page 20).
· Errors in Emergency Rental Assistance program spending by the Department of Public Safety (page 22).
· Inadequate monitoring of the Education Stabilization Fund – Elementary and Secondary School Emergency Relief program by the Department of Public Instruction (page 33).
· Errors in the Medicaid billing and payment process by the Department of Health and Human Services (page 50).
· Deficiencies in the Medicaid Eligibility Determination Process by the Department of Health and Human Services (page 52).