Audit 318454

FY End
2023-06-30
Total Expended
$4.74M
Findings
8
Programs
4
Year: 2023 Accepted: 2024-09-04
Auditor: Galindez LLC

Organization Exclusion Status:

Checking exclusion status...

Findings

ID Ref Severity Repeat Requirement
485647 2023-005 Material Weakness Yes L
485648 2023-006 Significant Deficiency Yes P
485649 2023-005 Material Weakness - L
485650 2023-006 Significant Deficiency Yes P
1062089 2023-005 Material Weakness Yes L
1062090 2023-006 Significant Deficiency Yes P
1062091 2023-005 Material Weakness - L
1062092 2023-006 Significant Deficiency Yes P

Contacts

Name Title Type
DFKFQFTGJ548 Jesus Rodriguez Aviles Auditee
7877548500 Taireli Hidalgo Auditor
No contacts on file

Notes to SEFA

Title: Note 3 - Assistance Listing Number (ALN) Accounting Policies: Note 1 - Basis of Presentation The accompanying schedule of expenditures of federal awards (the Schedule or SEFA) includes the federal grant activity of Cardiovascular Center Corporation of Puerto Rico and the Caribbean (the Corporation), under programs of the federal government for the year ended June 30, 2023. The information included in the Schedule is prepared in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (the Uniform Guidance). Therefore, some amounts presented in the Schedule may differ from amounts presented in or used in the preparation of the financial statements of the Corporation. Because the Schedule presents only a selected portion of the operations of the Corporation, it is not intended to, and does not, present the financial position, results of operations and cash flows of the Corporation.Expenditures reported in 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 may or may not be allowable or may be limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: The Corporation has elected not to use the 10 percent de minimis indirect cost rate, as allowed under the Uniform Guidance. The assistance listing numbers included in the Schedule are determined based on the program name, review of grant contract information and the System for Award Management (SAM).
Title: Note 4 - Major Federal Programs Accounting Policies: Note 1 - Basis of Presentation The accompanying schedule of expenditures of federal awards (the Schedule or SEFA) includes the federal grant activity of Cardiovascular Center Corporation of Puerto Rico and the Caribbean (the Corporation), under programs of the federal government for the year ended June 30, 2023. The information included in the Schedule is prepared in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (the Uniform Guidance). Therefore, some amounts presented in the Schedule may differ from amounts presented in or used in the preparation of the financial statements of the Corporation. Because the Schedule presents only a selected portion of the operations of the Corporation, it is not intended to, and does not, present the financial position, results of operations and cash flows of the Corporation.Expenditures reported in 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 may or may not be allowable or may be limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: The Corporation has elected not to use the 10 percent de minimis indirect cost rate, as allowed under the Uniform Guidance. The major federal programs are identified in the Summary of Auditors’ Results Section in the Schedule of Findings and Questioned Costs. Federal programs are presented by federal agency.
Title: Note 5 - Provider Relief Fund Accounting Policies: Note 1 - Basis of Presentation The accompanying schedule of expenditures of federal awards (the Schedule or SEFA) includes the federal grant activity of Cardiovascular Center Corporation of Puerto Rico and the Caribbean (the Corporation), under programs of the federal government for the year ended June 30, 2023. The information included in the Schedule is prepared in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (the Uniform Guidance). Therefore, some amounts presented in the Schedule may differ from amounts presented in or used in the preparation of the financial statements of the Corporation. Because the Schedule presents only a selected portion of the operations of the Corporation, it is not intended to, and does not, present the financial position, results of operations and cash flows of the Corporation.Expenditures reported in 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 may or may not be allowable or may be limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: The Corporation has elected not to use the 10 percent de minimis indirect cost rate, as allowed under the Uniform Guidance. As required by the U.S. Department of Health and Human Services (HHS), SEFA reporting for the Provider Relief Fund (PRF), including lost revenue, is based upon the PRF special reporting requirements, which link the nonfederal entity´s SEFA reporting to its report submissions to the PRF Reporting Portal. PRF was received from HHS for lost revenues and other expenses, as permitted by PRF. As instructed by the reporting requirements specified by the Secretary of Health and Human Services in the program instructions, the fifth period to be reported comprises funds received during the period of January 1, 2022, to June 30, 2022 and applies to audits of fiscal years ending on or after December 31, 2023. During January 2022, the Corporation received PRF amounting to $1,915,442 from which, during the year ended June 30, 2022, the Corporation recorded revenue from PRF amounting to $387,934, that, as dictated by the PRF special reporting requirements, will be included in the SEFA for the fiscal year ended June 30, 2024. Furthermore, during the year ended June 30, 2023, the Corporation recorded revenue for the remaining PRF amounting to $1,527,508, which, as dictated by the PRF special reporting requirements, will also be included in the SEFA for the fiscal year ended June 30, 2024.

Finding Details

Finding No. 2023-005 – Biweekly and quarterly reporting Federal Program ALN 21.027 Coronavirus State and Local Fiscal Recovery Fund - ARP Act ALN 97.036 Disaster Grants – Public Assistance (Presidentially Declared Disasters) Program Name of Federal Agency U.S. Department of Treasury U.S. Department of Homeland Security Pass-through Entity Puerto Rico Department of Treasury Central Office of Recovery, Reconstruction and Resiliency (COR3) Category Non-compliance / Material weakness in internal controls over compliance Compliance Requirement Reporting Criteria As stated in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (the Uniform Guidance), § 200.303 Internal controls, “the non-Federal entity must: (a) Establish and maintain effective internal control over the Federal award that provides reasonable assurance that the non-Federal entity is managing the Federal award in compliance with Federal statutes, regulations, and the terms and conditions of the Federal award. These internal controls should be in compliance with guidance in “Standards for Internal Control in the Federal Government” issued by the Comptroller General of the United States or the “Internal Control Integrated Framework”, issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO). (b) Comply with the U.S. Constitution, Federal statutes, regulations, and the terms and conditions of the Federal awards.” In addition, the grant agreement establishes in its Exhibit A of the Puerto Rico Fiscal Agency and Financial Advisory Authority (AAFAF, its Spanish acronym) guidelines, Grant Plan, Reporting, the following: “Following Uniform Guidance for all uses of Coronavirus State Fiscal Recovery Funds, recipients under this Program, as with all other eligible disbursements of CSFRF funds, shall remit to AAFAF biweekly reports detailing use of funds for the purpose of complying with federal regulations and reporting to the Office of the Inspector General).” Furthermore, as per FEMA requirements: “All recipients shall develop a plan for the administration of the Hazard Mitigation Grant Program (HMGP) according to the 44 CFR Section 206.437(a). The minimum administrative plan must include Quarterly Progress Report Program (QPR) to the Regional Administrator on any approved and open projects according to the 44 CFR Section206.437(b)(4)(xii).” Condition During our audit procedures regarding the compliance requirement related to reporting, we noted that, during the fiscal year ended June 30, 2023: • For ALN 21.027 - Coronavirus State and Local Fiscal Recovery Fund - ARP Act o The Corporation was not able to provide audit evidence for the submission of four (4) biweekly reports, out of a sample of eight (8) reporting dates. o One (1) monthly report, out of a sample of eight (8) reporting dates, was submitted later than its due date as follows: • For ALN 97.036 - Disaster Grants – Public Assistance (Presidentially Declared Disasters) Program o The Corporation was required to submit four (4) quarterly reports during the year ended June 30, 2023. The Corporation provided incomplete reports for quarters 3 and 4. The report of quarter 3 does not include the correct amounts already expensed by the Corporation, while the report of quarter 4 was not completed and signed by the preparer. Cause Lack of policies and internal controls properly established and monitored to assure the documenting and timely submission of compliance reports. Effect As a result of this condition, the grantor may issue warnings and/or impose penalties to the Corporation. Also, the grantor was deprived of timely taking any action that it understood to be pertinent in the program. The analysis, evaluations, and decision-making of the grantee could be affected. Questioned cost None. Context For ALN 21.027 - Coronavirus State and Local Fiscal Recovery Fund - ARP Act: • Of a total of eight (8) biweekly reports selected to test, the Corporation was not able to provide evidence of submission for four (4) biweekly reports. • One (1) of the eight (8) biweekly reports selected to test was submitted after its due date. For ALN 97.036 - Disaster Grants – Public Assistance (Presidentially Declared Disasters) Program, from a sample of four (4) reporting dates: • Two (2) reports (from quarters 3 and 4) were incomplete. • One (1) report (from quarter 3) was inaccurate as to the amount of funds expended by the Corporation. • One (1) report (from quarter 4) was not completed and signed by the preparer. Identification of a repeat finding This is a repeat finding from the immediate previous audit, Finding No. 2022-004. Recommendation We strongly recommend the Corporation to institute policies and procedures that stipulate the specific tasks and the personnel in charge of filing the required reports. Also, the policies and procedures should designate the member of management in charge of monitoring the compliance with the reporting requirements in order to make sure that the Corporation is filing the reports by their respective due dates. It is critically important that timely and accurate reports be produced to ensure that the goals and purposes of the grant have been achieved and accounted for properly. Views of responsible officials and planned corrective actions The Corporation’s management and responsible officers agree with this finding. Please refer to the corrective action plan section for the Corporation’s response on pages 87 to 92.
Finding No. 2023–006 – Audit requirements for auditees – report submission Federal Program ALN 21.027 Coronavirus State and Local Fiscal Recovery Fund - ARP Act ALN 97.036 Disaster Grants – Public Assistance (Presidentially Declared Disaster) Program Name of Federal Agency U.S. Department of Treasury U.S Department of Homeland Security Pass-through Entity Puerto Rico Department of Treasury Central Office of Recovery Reconstruction and Resiliency (COR3) Category Non-compliance / Significant deficiency in internal controls over compliance Compliance Requirements Other Criteria As required by the audit requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance), § 200.512 Report submission (a) (1), “ the audit must be completed and the data collection form described in paragraph (b) of this section and reporting package described in paragraph (c) of this section must be submitted within the earlier of 30 calendar days after receipt of the auditors’ report(s), or nine months after the end of the audit period. If the due date falls on a Saturday, Sunday, or Federal holiday, the reporting package is due the next business day”. Condition The data collection form and the reporting package for the year ended on June 30, 2023 was not submitted to the Federal Audit Clearinghouse within the timeframe prescribed by the Uniform Guidance. Cause Accounting and reporting processes are being significantly delayed and thus, the information necessary to complete the financial statement audit procedures was not available within the timeframe prescribed by the Uniform Guidance. Effect As a result of this condition, the federal agencies that has granted funds to the Corporation may issue warnings and/or impose penalties to the Corporation. Also, the federal agencies were prevented from the use of accurate reporting data, which is critical for the effective administration of the federal program and for federal agencies’ budgetary policy analysis. Questioned cost None. Context The Corporation did not comply with the timeframe required to file it’s Uniform Guidance Single Audit Report for the fiscal year ended on June 30, 2023. Identification of a repeat finding This is a repeat finding from the immediate previous audit, Finding No. 2022-006 Recommendation We strongly recommend the Corporation to institute policies and procedures that stipulate the specific tasks and the personnel in charge of filing the required reports. Also, the policies and procedures should designate the member of management in charge of monitoring the compliance with the reporting requirements in order to make sure that the Corporation is filing the reports by their respective due dates. Views of responsible officials and planned corrective actions The Corporation’s management and responsible officers agree with this finding. Please refer to the corrective action plan section for the Corporation’s response on pages 87 to 92.
Finding No. 2023-005 – Biweekly and quarterly reporting Federal Program ALN 21.027 Coronavirus State and Local Fiscal Recovery Fund - ARP Act ALN 97.036 Disaster Grants – Public Assistance (Presidentially Declared Disasters) Program Name of Federal Agency U.S. Department of Treasury U.S. Department of Homeland Security Pass-through Entity Puerto Rico Department of Treasury Central Office of Recovery, Reconstruction and Resiliency (COR3) Category Non-compliance / Material weakness in internal controls over compliance Compliance Requirement Reporting Criteria As stated in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (the Uniform Guidance), § 200.303 Internal controls, “the non-Federal entity must: (a) Establish and maintain effective internal control over the Federal award that provides reasonable assurance that the non-Federal entity is managing the Federal award in compliance with Federal statutes, regulations, and the terms and conditions of the Federal award. These internal controls should be in compliance with guidance in “Standards for Internal Control in the Federal Government” issued by the Comptroller General of the United States or the “Internal Control Integrated Framework”, issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO). (b) Comply with the U.S. Constitution, Federal statutes, regulations, and the terms and conditions of the Federal awards.” In addition, the grant agreement establishes in its Exhibit A of the Puerto Rico Fiscal Agency and Financial Advisory Authority (AAFAF, its Spanish acronym) guidelines, Grant Plan, Reporting, the following: “Following Uniform Guidance for all uses of Coronavirus State Fiscal Recovery Funds, recipients under this Program, as with all other eligible disbursements of CSFRF funds, shall remit to AAFAF biweekly reports detailing use of funds for the purpose of complying with federal regulations and reporting to the Office of the Inspector General).” Furthermore, as per FEMA requirements: “All recipients shall develop a plan for the administration of the Hazard Mitigation Grant Program (HMGP) according to the 44 CFR Section 206.437(a). The minimum administrative plan must include Quarterly Progress Report Program (QPR) to the Regional Administrator on any approved and open projects according to the 44 CFR Section206.437(b)(4)(xii).” Condition During our audit procedures regarding the compliance requirement related to reporting, we noted that, during the fiscal year ended June 30, 2023: • For ALN 21.027 - Coronavirus State and Local Fiscal Recovery Fund - ARP Act o The Corporation was not able to provide audit evidence for the submission of four (4) biweekly reports, out of a sample of eight (8) reporting dates. o One (1) monthly report, out of a sample of eight (8) reporting dates, was submitted later than its due date as follows: • For ALN 97.036 - Disaster Grants – Public Assistance (Presidentially Declared Disasters) Program o The Corporation was required to submit four (4) quarterly reports during the year ended June 30, 2023. The Corporation provided incomplete reports for quarters 3 and 4. The report of quarter 3 does not include the correct amounts already expensed by the Corporation, while the report of quarter 4 was not completed and signed by the preparer. Cause Lack of policies and internal controls properly established and monitored to assure the documenting and timely submission of compliance reports. Effect As a result of this condition, the grantor may issue warnings and/or impose penalties to the Corporation. Also, the grantor was deprived of timely taking any action that it understood to be pertinent in the program. The analysis, evaluations, and decision-making of the grantee could be affected. Questioned cost None. Context For ALN 21.027 - Coronavirus State and Local Fiscal Recovery Fund - ARP Act: • Of a total of eight (8) biweekly reports selected to test, the Corporation was not able to provide evidence of submission for four (4) biweekly reports. • One (1) of the eight (8) biweekly reports selected to test was submitted after its due date. For ALN 97.036 - Disaster Grants – Public Assistance (Presidentially Declared Disasters) Program, from a sample of four (4) reporting dates: • Two (2) reports (from quarters 3 and 4) were incomplete. • One (1) report (from quarter 3) was inaccurate as to the amount of funds expended by the Corporation. • One (1) report (from quarter 4) was not completed and signed by the preparer. Identification of a repeat finding This is a repeat finding from the immediate previous audit, Finding No. 2022-004. Recommendation We strongly recommend the Corporation to institute policies and procedures that stipulate the specific tasks and the personnel in charge of filing the required reports. Also, the policies and procedures should designate the member of management in charge of monitoring the compliance with the reporting requirements in order to make sure that the Corporation is filing the reports by their respective due dates. It is critically important that timely and accurate reports be produced to ensure that the goals and purposes of the grant have been achieved and accounted for properly. Views of responsible officials and planned corrective actions The Corporation’s management and responsible officers agree with this finding. Please refer to the corrective action plan section for the Corporation’s response on pages 87 to 92.
Finding No. 2023–006 – Audit requirements for auditees – report submission Federal Program ALN 21.027 Coronavirus State and Local Fiscal Recovery Fund - ARP Act ALN 97.036 Disaster Grants – Public Assistance (Presidentially Declared Disaster) Program Name of Federal Agency U.S. Department of Treasury U.S Department of Homeland Security Pass-through Entity Puerto Rico Department of Treasury Central Office of Recovery Reconstruction and Resiliency (COR3) Category Non-compliance / Significant deficiency in internal controls over compliance Compliance Requirements Other Criteria As required by the audit requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance), § 200.512 Report submission (a) (1), “ the audit must be completed and the data collection form described in paragraph (b) of this section and reporting package described in paragraph (c) of this section must be submitted within the earlier of 30 calendar days after receipt of the auditors’ report(s), or nine months after the end of the audit period. If the due date falls on a Saturday, Sunday, or Federal holiday, the reporting package is due the next business day”. Condition The data collection form and the reporting package for the year ended on June 30, 2023 was not submitted to the Federal Audit Clearinghouse within the timeframe prescribed by the Uniform Guidance. Cause Accounting and reporting processes are being significantly delayed and thus, the information necessary to complete the financial statement audit procedures was not available within the timeframe prescribed by the Uniform Guidance. Effect As a result of this condition, the federal agencies that has granted funds to the Corporation may issue warnings and/or impose penalties to the Corporation. Also, the federal agencies were prevented from the use of accurate reporting data, which is critical for the effective administration of the federal program and for federal agencies’ budgetary policy analysis. Questioned cost None. Context The Corporation did not comply with the timeframe required to file it’s Uniform Guidance Single Audit Report for the fiscal year ended on June 30, 2023. Identification of a repeat finding This is a repeat finding from the immediate previous audit, Finding No. 2022-006 Recommendation We strongly recommend the Corporation to institute policies and procedures that stipulate the specific tasks and the personnel in charge of filing the required reports. Also, the policies and procedures should designate the member of management in charge of monitoring the compliance with the reporting requirements in order to make sure that the Corporation is filing the reports by their respective due dates. Views of responsible officials and planned corrective actions The Corporation’s management and responsible officers agree with this finding. Please refer to the corrective action plan section for the Corporation’s response on pages 87 to 92.
Finding No. 2023-005 – Biweekly and quarterly reporting Federal Program ALN 21.027 Coronavirus State and Local Fiscal Recovery Fund - ARP Act ALN 97.036 Disaster Grants – Public Assistance (Presidentially Declared Disasters) Program Name of Federal Agency U.S. Department of Treasury U.S. Department of Homeland Security Pass-through Entity Puerto Rico Department of Treasury Central Office of Recovery, Reconstruction and Resiliency (COR3) Category Non-compliance / Material weakness in internal controls over compliance Compliance Requirement Reporting Criteria As stated in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (the Uniform Guidance), § 200.303 Internal controls, “the non-Federal entity must: (a) Establish and maintain effective internal control over the Federal award that provides reasonable assurance that the non-Federal entity is managing the Federal award in compliance with Federal statutes, regulations, and the terms and conditions of the Federal award. These internal controls should be in compliance with guidance in “Standards for Internal Control in the Federal Government” issued by the Comptroller General of the United States or the “Internal Control Integrated Framework”, issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO). (b) Comply with the U.S. Constitution, Federal statutes, regulations, and the terms and conditions of the Federal awards.” In addition, the grant agreement establishes in its Exhibit A of the Puerto Rico Fiscal Agency and Financial Advisory Authority (AAFAF, its Spanish acronym) guidelines, Grant Plan, Reporting, the following: “Following Uniform Guidance for all uses of Coronavirus State Fiscal Recovery Funds, recipients under this Program, as with all other eligible disbursements of CSFRF funds, shall remit to AAFAF biweekly reports detailing use of funds for the purpose of complying with federal regulations and reporting to the Office of the Inspector General).” Furthermore, as per FEMA requirements: “All recipients shall develop a plan for the administration of the Hazard Mitigation Grant Program (HMGP) according to the 44 CFR Section 206.437(a). The minimum administrative plan must include Quarterly Progress Report Program (QPR) to the Regional Administrator on any approved and open projects according to the 44 CFR Section206.437(b)(4)(xii).” Condition During our audit procedures regarding the compliance requirement related to reporting, we noted that, during the fiscal year ended June 30, 2023: • For ALN 21.027 - Coronavirus State and Local Fiscal Recovery Fund - ARP Act o The Corporation was not able to provide audit evidence for the submission of four (4) biweekly reports, out of a sample of eight (8) reporting dates. o One (1) monthly report, out of a sample of eight (8) reporting dates, was submitted later than its due date as follows: • For ALN 97.036 - Disaster Grants – Public Assistance (Presidentially Declared Disasters) Program o The Corporation was required to submit four (4) quarterly reports during the year ended June 30, 2023. The Corporation provided incomplete reports for quarters 3 and 4. The report of quarter 3 does not include the correct amounts already expensed by the Corporation, while the report of quarter 4 was not completed and signed by the preparer. Cause Lack of policies and internal controls properly established and monitored to assure the documenting and timely submission of compliance reports. Effect As a result of this condition, the grantor may issue warnings and/or impose penalties to the Corporation. Also, the grantor was deprived of timely taking any action that it understood to be pertinent in the program. The analysis, evaluations, and decision-making of the grantee could be affected. Questioned cost None. Context For ALN 21.027 - Coronavirus State and Local Fiscal Recovery Fund - ARP Act: • Of a total of eight (8) biweekly reports selected to test, the Corporation was not able to provide evidence of submission for four (4) biweekly reports. • One (1) of the eight (8) biweekly reports selected to test was submitted after its due date. For ALN 97.036 - Disaster Grants – Public Assistance (Presidentially Declared Disasters) Program, from a sample of four (4) reporting dates: • Two (2) reports (from quarters 3 and 4) were incomplete. • One (1) report (from quarter 3) was inaccurate as to the amount of funds expended by the Corporation. • One (1) report (from quarter 4) was not completed and signed by the preparer. Identification of a repeat finding This is a repeat finding from the immediate previous audit, Finding No. 2022-004. Recommendation We strongly recommend the Corporation to institute policies and procedures that stipulate the specific tasks and the personnel in charge of filing the required reports. Also, the policies and procedures should designate the member of management in charge of monitoring the compliance with the reporting requirements in order to make sure that the Corporation is filing the reports by their respective due dates. It is critically important that timely and accurate reports be produced to ensure that the goals and purposes of the grant have been achieved and accounted for properly. Views of responsible officials and planned corrective actions The Corporation’s management and responsible officers agree with this finding. Please refer to the corrective action plan section for the Corporation’s response on pages 87 to 92.
Finding No. 2023–006 – Audit requirements for auditees – report submission Federal Program ALN 21.027 Coronavirus State and Local Fiscal Recovery Fund - ARP Act ALN 97.036 Disaster Grants – Public Assistance (Presidentially Declared Disaster) Program Name of Federal Agency U.S. Department of Treasury U.S Department of Homeland Security Pass-through Entity Puerto Rico Department of Treasury Central Office of Recovery Reconstruction and Resiliency (COR3) Category Non-compliance / Significant deficiency in internal controls over compliance Compliance Requirements Other Criteria As required by the audit requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance), § 200.512 Report submission (a) (1), “ the audit must be completed and the data collection form described in paragraph (b) of this section and reporting package described in paragraph (c) of this section must be submitted within the earlier of 30 calendar days after receipt of the auditors’ report(s), or nine months after the end of the audit period. If the due date falls on a Saturday, Sunday, or Federal holiday, the reporting package is due the next business day”. Condition The data collection form and the reporting package for the year ended on June 30, 2023 was not submitted to the Federal Audit Clearinghouse within the timeframe prescribed by the Uniform Guidance. Cause Accounting and reporting processes are being significantly delayed and thus, the information necessary to complete the financial statement audit procedures was not available within the timeframe prescribed by the Uniform Guidance. Effect As a result of this condition, the federal agencies that has granted funds to the Corporation may issue warnings and/or impose penalties to the Corporation. Also, the federal agencies were prevented from the use of accurate reporting data, which is critical for the effective administration of the federal program and for federal agencies’ budgetary policy analysis. Questioned cost None. Context The Corporation did not comply with the timeframe required to file it’s Uniform Guidance Single Audit Report for the fiscal year ended on June 30, 2023. Identification of a repeat finding This is a repeat finding from the immediate previous audit, Finding No. 2022-006 Recommendation We strongly recommend the Corporation to institute policies and procedures that stipulate the specific tasks and the personnel in charge of filing the required reports. Also, the policies and procedures should designate the member of management in charge of monitoring the compliance with the reporting requirements in order to make sure that the Corporation is filing the reports by their respective due dates. Views of responsible officials and planned corrective actions The Corporation’s management and responsible officers agree with this finding. Please refer to the corrective action plan section for the Corporation’s response on pages 87 to 92.
Finding No. 2023-005 – Biweekly and quarterly reporting Federal Program ALN 21.027 Coronavirus State and Local Fiscal Recovery Fund - ARP Act ALN 97.036 Disaster Grants – Public Assistance (Presidentially Declared Disasters) Program Name of Federal Agency U.S. Department of Treasury U.S. Department of Homeland Security Pass-through Entity Puerto Rico Department of Treasury Central Office of Recovery, Reconstruction and Resiliency (COR3) Category Non-compliance / Material weakness in internal controls over compliance Compliance Requirement Reporting Criteria As stated in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (the Uniform Guidance), § 200.303 Internal controls, “the non-Federal entity must: (a) Establish and maintain effective internal control over the Federal award that provides reasonable assurance that the non-Federal entity is managing the Federal award in compliance with Federal statutes, regulations, and the terms and conditions of the Federal award. These internal controls should be in compliance with guidance in “Standards for Internal Control in the Federal Government” issued by the Comptroller General of the United States or the “Internal Control Integrated Framework”, issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO). (b) Comply with the U.S. Constitution, Federal statutes, regulations, and the terms and conditions of the Federal awards.” In addition, the grant agreement establishes in its Exhibit A of the Puerto Rico Fiscal Agency and Financial Advisory Authority (AAFAF, its Spanish acronym) guidelines, Grant Plan, Reporting, the following: “Following Uniform Guidance for all uses of Coronavirus State Fiscal Recovery Funds, recipients under this Program, as with all other eligible disbursements of CSFRF funds, shall remit to AAFAF biweekly reports detailing use of funds for the purpose of complying with federal regulations and reporting to the Office of the Inspector General).” Furthermore, as per FEMA requirements: “All recipients shall develop a plan for the administration of the Hazard Mitigation Grant Program (HMGP) according to the 44 CFR Section 206.437(a). The minimum administrative plan must include Quarterly Progress Report Program (QPR) to the Regional Administrator on any approved and open projects according to the 44 CFR Section206.437(b)(4)(xii).” Condition During our audit procedures regarding the compliance requirement related to reporting, we noted that, during the fiscal year ended June 30, 2023: • For ALN 21.027 - Coronavirus State and Local Fiscal Recovery Fund - ARP Act o The Corporation was not able to provide audit evidence for the submission of four (4) biweekly reports, out of a sample of eight (8) reporting dates. o One (1) monthly report, out of a sample of eight (8) reporting dates, was submitted later than its due date as follows: • For ALN 97.036 - Disaster Grants – Public Assistance (Presidentially Declared Disasters) Program o The Corporation was required to submit four (4) quarterly reports during the year ended June 30, 2023. The Corporation provided incomplete reports for quarters 3 and 4. The report of quarter 3 does not include the correct amounts already expensed by the Corporation, while the report of quarter 4 was not completed and signed by the preparer. Cause Lack of policies and internal controls properly established and monitored to assure the documenting and timely submission of compliance reports. Effect As a result of this condition, the grantor may issue warnings and/or impose penalties to the Corporation. Also, the grantor was deprived of timely taking any action that it understood to be pertinent in the program. The analysis, evaluations, and decision-making of the grantee could be affected. Questioned cost None. Context For ALN 21.027 - Coronavirus State and Local Fiscal Recovery Fund - ARP Act: • Of a total of eight (8) biweekly reports selected to test, the Corporation was not able to provide evidence of submission for four (4) biweekly reports. • One (1) of the eight (8) biweekly reports selected to test was submitted after its due date. For ALN 97.036 - Disaster Grants – Public Assistance (Presidentially Declared Disasters) Program, from a sample of four (4) reporting dates: • Two (2) reports (from quarters 3 and 4) were incomplete. • One (1) report (from quarter 3) was inaccurate as to the amount of funds expended by the Corporation. • One (1) report (from quarter 4) was not completed and signed by the preparer. Identification of a repeat finding This is a repeat finding from the immediate previous audit, Finding No. 2022-004. Recommendation We strongly recommend the Corporation to institute policies and procedures that stipulate the specific tasks and the personnel in charge of filing the required reports. Also, the policies and procedures should designate the member of management in charge of monitoring the compliance with the reporting requirements in order to make sure that the Corporation is filing the reports by their respective due dates. It is critically important that timely and accurate reports be produced to ensure that the goals and purposes of the grant have been achieved and accounted for properly. Views of responsible officials and planned corrective actions The Corporation’s management and responsible officers agree with this finding. Please refer to the corrective action plan section for the Corporation’s response on pages 87 to 92.
Finding No. 2023–006 – Audit requirements for auditees – report submission Federal Program ALN 21.027 Coronavirus State and Local Fiscal Recovery Fund - ARP Act ALN 97.036 Disaster Grants – Public Assistance (Presidentially Declared Disaster) Program Name of Federal Agency U.S. Department of Treasury U.S Department of Homeland Security Pass-through Entity Puerto Rico Department of Treasury Central Office of Recovery Reconstruction and Resiliency (COR3) Category Non-compliance / Significant deficiency in internal controls over compliance Compliance Requirements Other Criteria As required by the audit requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance), § 200.512 Report submission (a) (1), “ the audit must be completed and the data collection form described in paragraph (b) of this section and reporting package described in paragraph (c) of this section must be submitted within the earlier of 30 calendar days after receipt of the auditors’ report(s), or nine months after the end of the audit period. If the due date falls on a Saturday, Sunday, or Federal holiday, the reporting package is due the next business day”. Condition The data collection form and the reporting package for the year ended on June 30, 2023 was not submitted to the Federal Audit Clearinghouse within the timeframe prescribed by the Uniform Guidance. Cause Accounting and reporting processes are being significantly delayed and thus, the information necessary to complete the financial statement audit procedures was not available within the timeframe prescribed by the Uniform Guidance. Effect As a result of this condition, the federal agencies that has granted funds to the Corporation may issue warnings and/or impose penalties to the Corporation. Also, the federal agencies were prevented from the use of accurate reporting data, which is critical for the effective administration of the federal program and for federal agencies’ budgetary policy analysis. Questioned cost None. Context The Corporation did not comply with the timeframe required to file it’s Uniform Guidance Single Audit Report for the fiscal year ended on June 30, 2023. Identification of a repeat finding This is a repeat finding from the immediate previous audit, Finding No. 2022-006 Recommendation We strongly recommend the Corporation to institute policies and procedures that stipulate the specific tasks and the personnel in charge of filing the required reports. Also, the policies and procedures should designate the member of management in charge of monitoring the compliance with the reporting requirements in order to make sure that the Corporation is filing the reports by their respective due dates. Views of responsible officials and planned corrective actions The Corporation’s management and responsible officers agree with this finding. Please refer to the corrective action plan section for the Corporation’s response on pages 87 to 92.