FAC Explorer

Audit 26147

FY End
2022-09-30
Total Expended
$11.73M
Findings
2
Programs
2
Organization: Center for the Advancement of Science in Pace (FL)
Year: 2022 Accepted: 2023-02-18
Auditor: Carr Riggs & Ingram LLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
25013 2022-001 Significant Deficiency - L
601455 2022-001 Significant Deficiency - L

Programs

ALN Program Spent Major Findings
43.007 Space Operations $11.63M Yes 1
47.041 Engineering $103,334 - 0

Contacts

Name Title Type
YDQLHSMTBZ24 Jonathan Bobbitt Auditee
3217515135 Christine E. Noll-Rhan Auditor
No contacts on file

Notes to SEFA

Title: NOTE 1: BASIS OF PRESENTATION Accounting Policies: NOTE 2: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIESExpenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. CASIS elected not to use the 10-percent de minimus indirect cost rate allowed under Uniform Guidance. Additionally, CASIS did not receive any noncash assistance, federal loans, or federally funded insurance during the year ended September 30, 2022. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal activity of CASIS under programs of the federal government for the year ended September 30, 2022. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of CASIS, it is not intended to and does not present the financial position, changes in net assets, or cash flows of CASIS.

Finding Details

Finding 2022-001
2022-001 Report Review Space Operations Assistance Listing Number: 43.007 Federal Award ID Number: 80JSC018M0005 National Aeronautics and Space Administration 2022 Funding Criteria: 2 CFR 200.303 requires non-federal entities to establish and maintain effective internal controls. The Cooperative Agreement includes the following requirement: the recipient shall submit an Annual Inventory Report, to be received no later than October 15 of each year, which lists all reportable non-exempt equipment and/or federally owned property in its custody as of September 30. Condition: The annual inventory report was prepared and submitted by the Finance Manager without review of someone other than the preparer. Cause: In prior periods, the Director of Finance reviewed the asset inventory report prior to submission to the grantor. The Director of Finance was no longer with CASIS at year end and no other staff performed the review. Effect: The asset inventory report may include errors or omissions. Questioned Costs: None Perspective: We tested the one asset inventory report required annually. Recommendation: Reports should be subject to review by someone other than the preparer prior to submission to the grantor. Management Response: Management will ensure that the annual inventory reports be reviewed by the Budget Manager for accuracy prior to the submission to NASA.
Finding 2022-001
2022-001 Report Review Space Operations Assistance Listing Number: 43.007 Federal Award ID Number: 80JSC018M0005 National Aeronautics and Space Administration 2022 Funding Criteria: 2 CFR 200.303 requires non-federal entities to establish and maintain effective internal controls. The Cooperative Agreement includes the following requirement: the recipient shall submit an Annual Inventory Report, to be received no later than October 15 of each year, which lists all reportable non-exempt equipment and/or federally owned property in its custody as of September 30. Condition: The annual inventory report was prepared and submitted by the Finance Manager without review of someone other than the preparer. Cause: In prior periods, the Director of Finance reviewed the asset inventory report prior to submission to the grantor. The Director of Finance was no longer with CASIS at year end and no other staff performed the review. Effect: The asset inventory report may include errors or omissions. Questioned Costs: None Perspective: We tested the one asset inventory report required annually. Recommendation: Reports should be subject to review by someone other than the preparer prior to submission to the grantor. Management Response: Management will ensure that the annual inventory reports be reviewed by the Budget Manager for accuracy prior to the submission to NASA.