1 / 20

Implementing the Super-Circular

Implementing the Super-Circular. Barbara Loescher & Trisha Edwards Fiscal Integrity & Audit Section. Topics for T oday. Overview of FIAS Supercircular New administrative requirements New cost guidelines New audit requirements What this means for c ounties Other hot topics.

agalia
Télécharger la présentation

Implementing the Super-Circular

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Implementing the Super-Circular Barbara Loescher & Trisha Edwards Fiscal Integrity & Audit Section

  2. Topics for Today • Overview of FIAS • Supercircular • New administrative requirements • New cost guidelines • New audit requirements • What this means for counties • Other hot topics

  3. Fiscal Integrity & Audit Section • Purpose is to monitor compliance with rules, regulations, licensing requirements and contracts to ensure that DCF funding is used appropriately • Created in 2012 • Consists of section chief and 5 auditors • Basic responsibilities • Desk reviews • On-site fiscal reviews • Internal audits

  4. Overview - Super-Circular • Combines 8 Circulars • Published December 26, 2013 • Effective Dates • December 26, 2014 • Single Audits – December 31, 2015 • Link: See references page • Additional guidance later this year

  5. Impact & Objectives • Reduce administrative burden • Reduce fraud, waste and abuse • Improve program integrity • Strengthen accountability • Shift from legacy awards to merit awards • More oversight required for pass-through agencies

  6. Administrative Requirements Reforms • Performance goals & reporting, cost effectiveness and collaboration • Technology changes • Computers now supplies • Flexibility in document retention • Standardized requirements and definitions

  7. Administrative Requirements Reforms • Stronger oversight • Conflict of interest policies • Internal controls • How audit results are treated • Sub-recipient monitoring

  8. Cost Principles Reforms • All entities – same guidance • Except for-profit agencies • Indirect/direct costs • Written cost allocation plan • No universal rule except consistency • Time and effort reporting • Emphasis on internal controls rather than PARs

  9. Cost Principles Reforms • Changes to specific items of cost • Advertising • “Employee morale” costs eliminated • Entertainment • Conference spending • Fines, penalties, damages and other settlements • Collection of unallowable costs • Home offices • And others

  10. A-133 Audit Reforms • Single audit threshold increased • $500,000 to $750,000 • Type A programs increased • $300,000 to $750,000 • Risk criteria has changed • Questioned costs threshold increased • $10,000 to $25,000

  11. A-133 Audit Reforms • Repeat findings • Compliance areas • Still not sure • Will be published 4/15/2015 • Online publication of reports • Federal Audit Clearinghouse

  12. How Does This Affect Counties? • Changes to your contracts with DCF • Discuss with Executive committee • Changes to county contracts with providers • New language • New references • New allowable cost requirements • New audit requirements for 2015 audits

  13. More Ways It Affects Counties • May be less auditing for A-133 audits • Training by DCF for county financial managers through rest of 2014 • New State Single Audit Guidelines for 2015 audits

  14. DCF Oversight of Providers • FIAS Fiscal Reviews: • Compliance with laws and licensing requirements • Financial stability • Allowability of costs • Fiduciary responsibility • Contract compliance • Fraud and abuse • Overpayment recovery • Includes all agencies receiving DCF funding

  15. Fiscal Reviews Results • Insight from the trenches • Luxury vehicles • Ghost vehicle • Lavish trips • Fraudulent invoices • Related party transactions • Personal items • “Me first” mentality • Home office • Holiday parties • Box Bucks tickets • Gas allowances • ATM withdrawals • Undocumented items • Donations • Overdraft charges • Unreasonable • Unnecessary

  16. County Fiscal Reviews • Expanding into county fiscal reviews • Scheduling first wave in coming months • Review centered on: • Cost allocation • Allowable costs • Sub-recipient monitoring

  17. Allowable Cost Policy Manual Update • Major re-write • Currently being reviewed internally • To be discussed with Executive Committee • Current (tentative) ETA – before year end

  18. In Closing • Read the Super-Circular • Continue spending public funds prudently • Update your contracts • The ACPM is coming • And we’ll see you soon!

  19. For Further Information Barbara Loescher, CIA Chief, Fiscal Integrity & Audit Section Department of Children & Families (608)264-6992 Barbara.Loescher@wisconsin.gov Trisha Edwards, CPA Auditor – Senior Department of Children & Families (608) 267-2981 Trisha.Edwards@wisconsin.gov

  20. Questions?

More Related