Audit 359740

FY End
2024-09-30
Total Expended
$771.81M
Findings
1462
Programs
142
Organization: Battelle Memorial Institute (OH)
Year: 2024 Accepted: 2025-06-24

Organization Exclusion Status:

Checking exclusion status...

Findings

ID Ref Severity Repeat Requirement
566118 2024-001 - - ABN
566119 2024-001 - - ABN
566120 2024-001 - - ABN
566121 2024-001 - - ABN
566122 2024-001 - - ABN
566123 2024-001 - - ABN
566124 2024-001 - - ABN
566125 2024-001 - - ABN
566126 2024-001 - - ABN
566127 2024-001 - - ABN
566128 2024-001 - - ABN
566129 2024-001 - - ABN
566130 2024-001 - - ABN
566131 2024-001 - - ABN
566132 2024-001 - - ABN
566133 2024-001 - - ABN
566134 2024-001 - - ABN
566135 2024-001 - - ABN
566136 2024-001 - - ABN
566137 2024-001 - - ABN
566138 2024-001 - - ABN
566139 2024-001 - - ABN
566140 2024-001 - - ABN
566141 2024-001 - - ABN
566142 2024-001 - - ABN
566143 2024-001 - - ABN
566144 2024-001 - - ABN
566145 2024-001 - - ABN
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566147 2024-001 - - ABN
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566150 2024-001 - - ABN
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566153 2024-001 - - ABN
566154 2024-001 - - ABN
566155 2024-001 - - ABN
566156 2024-001 - - ABN
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566158 2024-001 - - ABN
566159 2024-001 - - ABN
566160 2024-001 - - ABN
566161 2024-001 - - ABN
566162 2024-001 - - ABN
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566164 2024-001 - - ABN
566165 2024-001 - - ABN
566166 2024-001 - - ABN
566167 2024-001 - - ABN
566168 2024-001 - - ABN
566169 2024-001 - - ABN
566170 2024-001 - - ABN
566171 2024-001 - - ABN
566172 2024-001 - - ABN
566173 2024-001 - - ABN
566174 2024-001 - - ABN
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566180 2024-001 - - ABN
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566182 2024-001 - - ABN
566183 2024-001 - - ABN
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566185 2024-001 - - ABN
566186 2024-001 - - ABN
566187 2024-001 - - ABN
566188 2024-001 - - ABN
566189 2024-001 - - ABN
566190 2024-001 - - ABN
566191 2024-001 - - ABN
566192 2024-001 - - ABN
566193 2024-001 - - ABN
566194 2024-001 - - ABN
566195 2024-001 - - ABN
566196 2024-001 - - ABN
566197 2024-001 - - ABN
566198 2024-001 - - ABN
566199 2024-001 - - ABN
566200 2024-001 - - ABN
566201 2024-001 - - ABN
566202 2024-001 - - ABN
566203 2024-001 - - ABN
566204 2024-001 - - ABN
566205 2024-001 - - ABN
566206 2024-001 - - ABN
566207 2024-001 - - ABN
566208 2024-001 - - ABN
566209 2024-001 - - ABN
566210 2024-001 - - ABN
566211 2024-001 - - ABN
566212 2024-001 - - ABN
566213 2024-001 - - ABN
566214 2024-001 - - ABN
566215 2024-001 - - ABN
566216 2024-001 - - ABN
566217 2024-001 - - ABN
566218 2024-001 - - ABN
566219 2024-001 - - ABN
566220 2024-001 - - ABN
566221 2024-001 - - ABN
566222 2024-001 - - ABN
566223 2024-001 - - ABN
566224 2024-001 - - ABN
566225 2024-001 - - ABN
566226 2024-001 - - ABN
566227 2024-001 - - ABN
566228 2024-001 - - ABN
566229 2024-001 - - ABN
566230 2024-001 - - ABN
566231 2024-001 - - ABN
566232 2024-001 - - ABN
566233 2024-001 - - ABN
566234 2024-001 - - ABN
566235 2024-001 - - ABN
566236 2024-001 - - ABN
566237 2024-001 - - ABN
566238 2024-001 - - ABN
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566240 2024-001 - - ABN
566241 2024-001 - - ABN
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566248 2024-001 - - ABN
566249 2024-001 - - ABN
566250 2024-001 - - ABN
566251 2024-001 - - ABN
566252 2024-001 - - ABN
566253 2024-001 - - ABN
566254 2024-001 - - ABN
566255 2024-001 - - ABN
566256 2024-001 - - ABN
566257 2024-001 - - ABN
566258 2024-001 - - ABN
566259 2024-001 - - ABN
566260 2024-001 - - ABN
566261 2024-001 - - ABN
566262 2024-001 - - ABN
566263 2024-001 - - ABN
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566265 2024-001 - - ABN
566266 2024-001 - - ABN
566267 2024-001 - - ABN
566268 2024-001 - - ABN
566269 2024-001 - - ABN
566270 2024-001 - - ABN
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566273 2024-001 - - ABN
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566275 2024-001 - - ABN
566276 2024-001 - - ABN
566277 2024-001 - - ABN
566278 2024-001 - - ABN
566279 2024-001 - - ABN
566280 2024-001 - - ABN
566281 2024-001 - - ABN
566282 2024-001 - - ABN
566283 2024-001 - - ABN
566284 2024-001 - - ABN
566285 2024-001 - - ABN
566286 2024-001 - - ABN
566287 2024-001 - - ABN
566288 2024-001 - - ABN
566289 2024-001 - - ABN
566290 2024-001 - - ABN
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566292 2024-001 - - ABN
566293 2024-001 - - ABN
566294 2024-001 - - ABN
566295 2024-001 - - ABN
566296 2024-001 - - ABN
566297 2024-001 - - ABN
566298 2024-001 - - ABN
566299 2024-001 - - ABN
566300 2024-001 - - ABN
566301 2024-001 - - ABN
566302 2024-001 - - ABN
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566304 2024-001 - - ABN
566305 2024-001 - - ABN
566306 2024-001 - - ABN
566307 2024-001 - - ABN
566308 2024-001 - - ABN
566309 2024-001 - - ABN
566310 2024-001 - - ABN
566311 2024-001 - - ABN
566312 2024-001 - - ABN
566313 2024-001 - - ABN
566314 2024-001 - - ABN
566315 2024-001 - - ABN
566316 2024-001 - - ABN
566317 2024-001 - - ABN
566318 2024-001 - - ABN
566319 2024-001 - - ABN
566320 2024-001 - - ABN
566321 2024-001 - - ABN
566322 2024-001 - - ABN
566323 2024-001 - - ABN
566324 2024-001 - - ABN
566325 2024-001 - - ABN
566326 2024-001 - - ABN
566327 2024-001 - - ABN
566328 2024-001 - - ABN
566329 2024-001 - - ABN
566330 2024-001 - - ABN
566331 2024-001 - - ABN
566332 2024-001 - - ABN
566333 2024-001 - - ABN
566334 2024-001 - - ABN
566335 2024-001 - - ABN
566336 2024-001 - - ABN
566337 2024-001 - - ABN
566338 2024-001 - - ABN
566339 2024-001 - - ABN
566340 2024-001 - - ABN
566341 2024-001 - - ABN
566342 2024-001 - - ABN
566343 2024-001 - - ABN
566344 2024-001 - - ABN
566345 2024-001 - - ABN
566346 2024-001 - - ABN
566347 2024-001 - - ABN
566348 2024-001 - - ABN
566349 2024-001 - - ABN
566350 2024-001 - - ABN
566351 2024-001 - - ABN
566352 2024-001 - - ABN
566353 2024-001 - - ABN
566354 2024-001 - - ABN
566355 2024-001 - - ABN
566356 2024-001 - - ABN
566357 2024-001 - - ABN
566358 2024-001 - - ABN
566359 2024-001 - - ABN
566360 2024-001 - - ABN
566361 2024-001 - - ABN
566362 2024-001 - - ABN
566363 2024-001 - - ABN
566364 2024-001 - - ABN
566365 2024-001 - - ABN
566366 2024-001 - - ABN
566367 2024-001 - - ABN
566368 2024-001 - - ABN
566369 2024-001 - - ABN
566370 2024-001 - - ABN
566371 2024-001 - - ABN
566372 2024-001 - - ABN
566373 2024-001 - - ABN
566374 2024-001 - - ABN
566375 2024-001 - - ABN
566376 2024-001 - - ABN
566377 2024-001 - - ABN
566378 2024-001 - - ABN
566379 2024-001 - - ABN
566380 2024-001 - - ABN
566381 2024-001 - - ABN
566382 2024-001 - - ABN
566383 2024-001 - - ABN
566384 2024-001 - - ABN
566385 2024-001 - - ABN
566386 2024-001 - - ABN
566387 2024-001 - - ABN
566388 2024-001 - - ABN
566389 2024-001 - - ABN
566390 2024-001 - - ABN
566391 2024-001 - - ABN
566392 2024-001 - - ABN
566393 2024-001 - - ABN
566394 2024-001 - - ABN
566395 2024-001 - - ABN
566396 2024-001 - - ABN
566397 2024-001 - - ABN
566398 2024-001 - - ABN
566399 2024-001 - - ABN
566400 2024-001 - - ABN
566401 2024-001 - - ABN
566402 2024-001 - - ABN
566403 2024-001 - - ABN
566404 2024-001 - - ABN
566405 2024-001 - - ABN
566406 2024-001 - - ABN
566407 2024-001 - - ABN
566408 2024-001 - - ABN
566409 2024-001 - - ABN
566410 2024-001 - - ABN
566411 2024-001 - - ABN
566412 2024-001 - - ABN
566413 2024-001 - - ABN
566414 2024-001 - - ABN
566415 2024-001 - - ABN
566416 2024-001 - - ABN
566417 2024-001 - - ABN
566418 2024-001 - - ABN
566419 2024-001 - - ABN
566420 2024-001 - - ABN
566421 2024-001 - - ABN
566422 2024-001 - - ABN
566423 2024-001 - - ABN
566424 2024-001 - - ABN
566425 2024-001 - - ABN
566426 2024-001 - - ABN
566427 2024-001 - - ABN
566428 2024-001 - - ABN
566429 2024-001 - - ABN
566430 2024-001 - - ABN
566431 2024-001 - - ABN
566432 2024-001 - - ABN
566433 2024-001 - - ABN
566434 2024-001 - - ABN
566435 2024-001 - - ABN
566436 2024-001 - - ABN
566437 2024-001 - - ABN
566438 2024-001 - - ABN
566439 2024-001 - - ABN
566440 2024-001 - - ABN
566441 2024-001 - - ABN
566442 2024-001 - - ABN
566443 2024-001 - - ABN
566444 2024-001 - - ABN
566445 2024-001 - - ABN
566446 2024-001 - - ABN
566447 2024-001 - - ABN
566448 2024-001 - - ABN
566449 2024-001 - - ABN
566450 2024-001 - - ABN
566451 2024-001 - - ABN
566452 2024-001 - - ABN
566453 2024-001 - - ABN
566454 2024-001 - - ABN
566455 2024-001 - - ABN
566456 2024-001 - - ABN
566457 2024-001 - - ABN
566458 2024-001 - - ABN
566459 2024-001 - - ABN
566460 2024-001 - - ABN
566461 2024-001 - - ABN
566462 2024-001 - - ABN
566463 2024-001 - - ABN
566464 2024-001 - - ABN
566465 2024-001 - - ABN
566466 2024-001 - - ABN
566467 2024-001 - - ABN
566468 2024-001 - - ABN
566469 2024-001 - - ABN
566470 2024-001 - - ABN
566471 2024-001 - - ABN
566472 2024-001 - - ABN
566473 2024-001 - - ABN
566474 2024-001 - - ABN
566475 2024-001 - - ABN
566476 2024-001 - - ABN
566477 2024-001 - - ABN
566478 2024-001 - - ABN
566479 2024-001 - - ABN
566480 2024-001 - - ABN
566481 2024-001 - - ABN
566482 2024-001 - - ABN
566483 2024-001 - - ABN
566484 2024-001 - - ABN
566485 2024-001 - - ABN
566486 2024-001 - - ABN
566487 2024-001 - - ABN
566488 2024-001 - - ABN
566489 2024-001 - - ABN
566490 2024-001 - - ABN
566491 2024-001 - - ABN
566492 2024-001 - - ABN
566493 2024-001 - - ABN
566494 2024-001 - - ABN
566495 2024-001 - - ABN
566496 2024-001 - - ABN
566497 2024-001 - - ABN
566498 2024-001 - - ABN
566499 2024-001 - - ABN
566500 2024-001 - - ABN
566501 2024-001 - - ABN
566502 2024-001 - - ABN
566503 2024-001 - - ABN
566504 2024-001 - - ABN
566505 2024-001 - - ABN
566506 2024-001 - - ABN
566507 2024-001 - - ABN
566508 2024-001 - - ABN
566509 2024-001 - - ABN
566510 2024-001 - - ABN
566511 2024-001 - - ABN
566512 2024-001 - - ABN
566513 2024-001 - - ABN
566514 2024-001 - - ABN
566515 2024-001 - - ABN
566516 2024-001 - - ABN
566517 2024-001 - - ABN
566518 2024-001 - - ABN
566519 2024-001 - - ABN
566520 2024-001 - - ABN
566521 2024-001 - - ABN
566522 2024-001 - - ABN
566523 2024-001 - - ABN
566524 2024-001 - - ABN
566525 2024-001 - - ABN
566526 2024-001 - - ABN
566527 2024-001 - - ABN
566528 2024-001 - - ABN
566529 2024-001 - - ABN
566530 2024-001 - - ABN
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566532 2024-001 - - ABN
566533 2024-001 - - ABN
566534 2024-001 - - ABN
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566575 2024-001 - - ABN
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1143079 2024-001 - - ABN
1143080 2024-001 - - ABN
1143081 2024-001 - - ABN
1143082 2024-001 - - ABN
1143083 2024-001 - - ABN
1143084 2024-001 - - ABN
1143085 2024-001 - - ABN
1143086 2024-001 - - ABN
1143087 2024-001 - - ABN
1143088 2024-001 - - ABN
1143089 2024-001 - - ABN
1143090 2024-001 - - ABN
1143091 2024-001 - - ABN
1143092 2024-001 - - ABN
1143093 2024-001 - - ABN
1143094 2024-001 - - ABN
1143095 2024-001 - - ABN
1143096 2024-001 - - ABN
1143097 2024-001 - - ABN
1143098 2024-001 - - ABN
1143099 2024-001 - - ABN
1143100 2024-001 - - ABN
1143101 2024-001 - - ABN
1143102 2024-001 - - ABN
1143103 2024-001 - - ABN
1143104 2024-001 - - ABN
1143105 2024-001 - - ABN
1143106 2024-001 - - ABN
1143107 2024-001 - - ABN
1143108 2024-001 - - ABN
1143109 2024-001 - - ABN
1143110 2024-001 - - ABN
1143111 2024-001 - - ABN
1143112 2024-001 - - ABN
1143113 2024-001 - - ABN
1143114 2024-001 - - ABN
1143115 2024-001 - - ABN
1143116 2024-001 - - ABN
1143117 2024-001 - - ABN
1143118 2024-001 - - ABN
1143119 2024-001 - - ABN
1143120 2024-001 - - ABN
1143121 2024-001 - - ABN
1143122 2024-001 - - ABN
1143123 2024-001 - - ABN
1143124 2024-001 - - ABN
1143125 2024-001 - - ABN
1143126 2024-001 - - ABN
1143127 2024-001 - - ABN
1143128 2024-001 - - ABN
1143129 2024-001 - - ABN
1143130 2024-001 - - ABN
1143131 2024-001 - - ABN
1143132 2024-001 - - ABN
1143133 2024-001 - - ABN
1143134 2024-001 - - ABN
1143135 2024-001 - - ABN
1143136 2024-001 - - ABN
1143137 2024-001 - - ABN
1143138 2024-001 - - ABN
1143139 2024-001 - - ABN
1143140 2024-001 - - ABN
1143141 2024-001 - - ABN
1143142 2024-001 - - ABN
1143143 2024-001 - - ABN
1143144 2024-001 - - ABN
1143145 2024-001 - - ABN
1143146 2024-001 - - ABN
1143147 2024-001 - - ABN
1143148 2024-001 - - ABN
1143149 2024-001 - - ABN
1143150 2024-001 - - ABN
1143151 2024-001 - - ABN
1143152 2024-001 - - ABN
1143153 2024-001 - - ABN
1143154 2024-001 - - ABN
1143155 2024-001 - - ABN
1143156 2024-001 - - ABN
1143157 2024-001 - - ABN
1143158 2024-001 - - ABN
1143159 2024-001 - - ABN
1143160 2024-001 - - ABN
1143161 2024-001 - - ABN
1143162 2024-001 - - ABN
1143163 2024-001 - - ABN
1143164 2024-001 - - ABN
1143165 2024-001 - - ABN
1143166 2024-001 - - ABN
1143167 2024-001 - - ABN
1143168 2024-001 - - ABN
1143169 2024-001 - - ABN
1143170 2024-001 - - ABN
1143171 2024-001 - - ABN
1143172 2024-001 - - ABN
1143173 2024-001 - - ABN
1143174 2024-001 - - ABN
1143175 2024-001 - - ABN
1143176 2024-001 - - ABN
1143177 2024-001 - - ABN
1143178 2024-001 - - ABN
1143179 2024-001 - - ABN
1143180 2024-001 - - ABN
1143181 2024-001 - - ABN
1143182 2024-001 - - ABN
1143183 2024-001 - - ABN
1143184 2024-001 - - ABN
1143185 2024-001 - - ABN
1143186 2024-001 - - ABN
1143187 2024-001 - - ABN
1143188 2024-001 - - ABN
1143189 2024-001 - - ABN
1143190 2024-001 - - ABN
1143191 2024-001 - - ABN
1143192 2024-001 - - ABN
1143193 2024-001 - - ABN
1143194 2024-001 - - ABN
1143195 2024-001 - - ABN
1143196 2024-001 - - ABN
1143197 2024-001 - - ABN
1143198 2024-001 - - ABN
1143199 2024-001 - - ABN
1143200 2024-001 - - ABN
1143201 2024-001 - - ABN
1143202 2024-001 - - ABN
1143203 2024-001 - - ABN
1143204 2024-001 - - ABN
1143205 2024-001 - - ABN
1143206 2024-001 - - ABN
1143207 2024-001 - - ABN
1143208 2024-001 - - ABN
1143209 2024-002 - - FHIM
1143210 2024-002 - - FHIM
1143211 2024-002 - - FHIM
1143212 2024-002 - - FHIM
1143213 2024-002 - - FHIM
1143214 2024-002 - - FHIM
1143215 2024-002 - - FHIM
1143216 2024-002 - - FHIM
1143217 2024-002 - - FHIM
1143218 2024-002 - - FHIM
1143219 2024-002 - - FHIM
1143220 2024-002 - - FHIM
1143221 2024-002 - - FHIM
1143222 2024-002 - - FHIM
1143223 2024-002 - - FHIM
1143224 2024-002 - - FHIM
1143225 2024-002 - - FHIM
1143226 2024-002 - - FHIM
1143227 2024-002 - - FHIM
1143228 2024-002 - - FHIM
1143229 2024-002 - - FHIM
1143230 2024-002 - - FHIM
1143231 2024-002 - - FHIM
1143232 2024-002 - - FHIM
1143233 2024-002 - - FHIM
1143234 2024-002 - - FHIM
1143235 2024-002 - - FHIM
1143236 2024-002 - - FHIM
1143237 2024-002 - - FHIM
1143238 2024-002 - - FHIM
1143239 2024-002 - - FHIM
1143240 2024-002 - - FHIM
1143241 2024-002 - - FHIM
1143242 2024-002 - - FHIM
1143243 2024-002 - - FHIM
1143244 2024-002 - - FHIM
1143245 2024-002 - - FHIM
1143246 2024-002 - - FHIM
1143247 2024-002 - - FHIM
1143248 2024-002 - - FHIM
1143249 2024-002 - - FHIM
1143250 2024-002 - - FHIM
1143251 2024-002 - - FHIM
1143252 2024-002 - - FHIM
1143253 2024-002 - - FHIM
1143254 2024-002 - - FHIM
1143255 2024-002 - - FHIM
1143256 2024-002 - - FHIM
1143257 2024-002 - - FHIM
1143258 2024-002 - - FHIM
1143259 2024-002 - - FHIM
1143260 2024-002 - - FHIM
1143261 2024-002 - - FHIM
1143262 2024-002 - - FHIM
1143263 2024-002 - - FHIM
1143264 2024-002 - - FHIM
1143265 2024-002 - - FHIM
1143266 2024-002 - - FHIM
1143267 2024-002 - - FHIM
1143268 2024-002 - - FHIM
1143269 2024-002 - - FHIM
1143270 2024-002 - - FHIM
1143271 2024-002 - - FHIM
1143272 2024-002 - - FHIM
1143273 2024-002 - - FHIM
1143274 2024-002 - - FHIM
1143275 2024-002 - - FHIM
1143276 2024-002 - - FHIM
1143277 2024-002 - - FHIM
1143278 2024-002 - - FHIM
1143279 2024-002 - - FHIM
1143280 2024-002 - - FHIM
1143281 2024-002 - - FHIM
1143282 2024-002 - - FHIM
1143283 2024-002 - - FHIM
1143284 2024-002 - - FHIM
1143285 2024-002 - - FHIM
1143286 2024-002 - - FHIM
1143287 2024-002 - - FHIM
1143288 2024-002 - - FHIM
1143289 2024-002 - - FHIM
1143290 2024-002 - - FHIM

Programs

ALN Program Spent Major Findings
47.RD Office of Polar Programs $52.21M Yes 1
81.RD National Energy Technology Lab $9.85M Yes 1
12.RD Chief Information Officer $8.97M Yes 1
97.RD Transportation Security Administration $5.34M Yes 1
12.RD Dept of Defense $4.89M Yes 1
12.RD National Guard Bureau $4.26M Yes 1
81.255 National Renewable Energy Laboratory $3.57M Yes 1
12.RD Navy $2.77M Yes 1
12.RD Defense Advance Research Projects Agency $2.26M Yes 1
97.RD US Secret Service $2.01M Yes 1
66.RD Marine Protection $1.58M Yes 1
93.RD National Institutes of Health $1.42M Yes 1
20.RD Federal Aviation Administration $1.36M Yes 1
12.RD Defense Advanced Research Projects Agency $1.20M Yes 1
12.RD Joint Project Manager for Medical Countermeasures $1.20M Yes 1
12.RD Combating Terrorism Technical Support Group $1.15M Yes 1
93.RD Centers for Medicare & Medicaid Services $1.03M Yes 1
93.RD Centers for Disease Control $967,948 Yes 1
12.RD Intelligence Advanced Research $844,492 Yes 1
97.RD Unmanned Systems Threats $702,162 Yes 1
12.RD Missile Defense Agency $673,058 Yes 1
81.087 Energy Efficiency - Renewable Energy Research and Development $649,197 Yes 1
97.RD Countering Weapons of Mass Destruction Office $592,415 Yes 1
19.RD Bureau of International Organization Affairs $559,386 Yes 1
81.255 Office of Clean Energy Demonstrations $553,509 Yes 1
19.RD Bureau of Diplomatic Security $529,223 Yes 1
97.RD Science and Technology Directorate $497,462 Yes 1
12.RD P309 Window Gridding $487,498 Yes 1
20.RD Federal Railroad Administration $430,928 Yes 1
17.RD Data Integrity, Research, and Evaluation $417,950 Yes 1
12.420 Office of Assistant Secretary of Defense for Health Affairs - Military Medical Research $390,574 Yes 1
81.RD National Nuclear Security Administration $386,427 Yes 1
47.RD Solar Program $379,069 Yes 1
12.RD Strategic Environmental Research and Devel Program $376,177 Yes 1
93.286 National Institutes of Health $372,952 Yes 1
17.RD Office of Job Corps $372,016 Yes 1
12.431 Intelligence Advanced Research $354,968 Yes 1
93.RD Biomed Advanced Research Development Authority $344,715 Yes 1
66.RD National Vehicle and Fuel Emissions Laboratory $340,243 Yes 1
12.RD Dp Potency $329,541 Yes 1
66.RD Office of Pesticide Programs $325,832 Yes 1
66.931 International Financial Assistance Projects - Inter. and Tribal Affairs $315,751 Yes 1
93.077 Family Smoking Prevention and Tobacco Control Act Regulatory Research $314,902 Yes 1
12.RD Joint Program Office $301,411 Yes 1
93.RD National Institute of Health $299,054 Yes 1
81.049 Office of Science Financial Assistance Program $292,496 Yes 1
84.RD Stem Innovation $292,369 Yes 1
43.001 Science $291,098 Yes 1
66.RD Office of Pollution Prevention $262,162 Yes 1
93.RD National Center for Environmental Health $254,261 Yes 1
47.RD Nsf Mri $248,880 Yes 1
47.RD Convergence Accelerator $235,581 Yes 1
12.RD Office of Undersecretary $222,038 Yes 1
93.RD Centers for Disease Control and Prevention $180,530 Yes 1
66.RD Office of Air Quality Planning and Standards $170,156 Yes 1
93.867 National Institutes of Health $164,862 Yes 1
81.086 Conservation Research and Development $164,675 Yes 1
66.509 Science to Achieve Results (star) Program $159,357 Yes 1
12.420 Army - Military Medical Research and Development $146,798 Yes 1
66.511 Office of Land and Emergency Management $130,556 Yes 1
81.089 Fossil Energy and Carbon Management $129,174 Yes 1
12.630 Army - Basic, Applied, and Advanced Research in Science/eng $121,097 Yes 1
10.310 National Institute of Food and Agriculture - Afri $106,774 Yes 1
97.RD Transportation Security Laboratory $88,381 Yes 1
21.RD U.s. Mint $88,125 Yes 1
12.RD Army $87,096 Yes 1
66.RD Oaqps $86,526 Yes 1
81.RD Office of Fossil Energy and Carbon Management $86,373 Yes 1
12.RD Technical Information Center $75,603 Yes 1
16.RD National Institute of Justice $73,670 Yes 1
66.931 Office of International and Tribal Affairs $71,509 Yes 1
12.RD National Geospatial Intelligence Agency $60,500 Yes 1
47.070 Computer and Information Science and Eng $52,072 Yes 1
43.001 Earth Science Division $48,916 Yes 1
47.074 Integrative Research in Biology $48,599 Yes 1
43.RD Nisar $43,511 Yes 1
12.RD Medical Cbrn Countermeasures Defense Consortium $41,156 Yes 1
12.RD Gigagen Work Order 001 $39,676 Yes 1
93.RD Agency for Toxic Substances and Disease $36,729 Yes 1
66.RD Office of Air and Radiation $36,348 Yes 1
47.074 Division of Biological Infrastructure $33,873 Yes 1
12.RD Defense Logistics Agency $32,963 Yes 1
97.RD Chemical Security Analysis Center $31,736 Yes 1
47.076 Division of Graduate Education $28,574 Yes 1
66.RD Homeland Security Research Program $26,285 Yes 1
93.RD National Institute of Environmental Health $22,784 Yes 1
47.078 Polar Programs $21,166 Yes 1
20.RD National Highway Traffic Safety Administration $20,227 Yes 1
66.RD Office of Chemical Safety and Pollution Prevention $19,363 Yes 1
12.RD Joint Requirements Oversight Council $18,676 Yes 1
12.RD Gigagen Work Order 002 $16,028 Yes 1
84.RD Stem Initiatives $16,022 Yes 1
47.RD Rising Voices Ncar $14,522 Yes 1
12.RD Air Force $13,298 Yes 1
81.RD Legacy Management $9,135 Yes 1
47.050 Indigenous Data Sovereign $8,772 Yes 1
97.RD Domestic Nuclear Detection Office $8,751 Yes 1
12.RD Joint Program Executive Office $8,489 Yes 1
47.074 Guided Animal Prevalence Surveillance $7,896 Yes 1
93.RD National Institute of Allergy and Infectious Disease $7,892 Yes 1
81.089 National Energy Technology Lab - Fossil Energy Research and Development $6,628 Yes 1
66.RD Streams IV $5,904 Yes 1
12.RD Defense Intelligence Agency $5,351 Yes 1
93.273 Alcohol Research Programs $5,114 Yes 1
93.077 National Institutes of Health - Family Smoking Prevention and Tobacco Control $5,071 Yes 1
66.RD Center for Environmental Solutions & Emergency Response $5,067 Yes 1
93.RD National Center for Advancing Translational Sciences $4,891 Yes 1
47.074 Biological Sciences $4,304 Yes 1
81.RD Lawrence Berkeley $4,284 Yes 1
47.074 Division of Environmental Biology $3,993 Yes 1
12.910 Defense Advanced Research Projects Agency - Research and Technology Development $3,584 Yes 1
43.RD Goddard Space Flight Center $3,267 Yes 1
12.RD Defense Threat Reduction Agency $2,874 Yes 1
12.RD Classified $2,774 Yes 2
47.074 MacRosystems Biology and Neon-Enabled Science $2,571 Yes 1
47.050 Geosciences $1,784 Yes 1
47.079 Office of International Science and Engineering $1,746 Yes 1
47.074 Neon Terrestrial Sites $1,672 Yes 1
66.RD Homeland Security Research Program $1,619 Yes 1
66.RD Oceanographic Surveying $1,532 Yes 1
43.RD Terrestrial Ecology $1,330 Yes 1
47.RD Uw Icecube Management Support $1,179 Yes 1
15.RD Office of Environmental Policy and Compliance $1,076 Yes 1
43.RD Earth Science Division $1,026 Yes 1
47.RD Nrss $968 Yes 1
43.003 Earth Science - Exploration $816 Yes 1
93.393 National Cancer Institute - Cancer Cause & Prevention Research $793 Yes 1
47.RD Neon $549 Yes 1
12.RD Special Operations Command $478 Yes 1
81.089 Office of Fossil Energy - Fossil Energy Research and Development $422 Yes 1
66.RD Office of Water Assessment and Watershed Protection Division $269 Yes 1
47.RD Waggle Device $257 Yes 1
20.RD Federal Highway Administration $206 Yes 1
66.RD Ambient Monitoring Technology Information Center $193 Yes 1
66.RD National Homeland Security Research Center $167 Yes 1
93.103 Food & Drug Administration $72 Yes 1
66.RD Office of Research and Development $7 Yes 1
66.RD Homeland Security Research Center $-97 Yes 1
12.RD Central Command $-108 Yes 1
93.RD Food & Drug Administration $-646 Yes 1
97.RD Federal Emergency Management Agency $-1,125 Yes 1
12.800 Air Force - Defense Research Sciences Program $-1,227 Yes 1

Contacts

Name Title Type
F125YU6SWK59 Erica Classing Auditee
6144243372 Benjamin Guthrie Auditor
No contacts on file

Notes to SEFA

Title: 1. Summary of Significant Accounting Policies Accounting Policies: Basis of Presentation—The Company prepares its consolidated financial statements in accordance with accounting principles generally accepted in the United States of America (US GAAP). The accompanying consolidated financial statements include all the Company’s wholly owned and financially or otherwise controlled subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation and figures are presented in thousands but for the Schedule of Expenditures and Federal Awards for the year ended September 30, 2024 or unless otherwise stated. The accompanying schedule of expenditures of federal awards (the “Schedule”) summarizes the expenditures of Battelle Memorial Institute (BMI) and subsidiaries (the “Company”) under programs funded by the federal government for the year ended September 30, 2024. The Schedule has been prepared on the accrual basis in accordance with accounting principles generally accepted in the United States of America and includes all federal awards and contracts entered into directly between the Company and agencies and departments of the federal government, as well as funds passed through to the Company by other recipients. In accordance with the Uniform Guidance 2 CFR 200 (§200.38 Federal award) the Schedule does not include amounts received to operate government-owned, contractor-operated facilities. Negative amounts reported on the Schedule are adjustments or credits made in the normal course of business to amounts reported as expenditures in prior fiscal years. Research and Development Cluster (“R&D cluster”)—OMB Uniform Guidance defines research and development as follows: research is a systematic study directed toward fuller scientific knowledge or understanding of the subject studied; development is the systematic use of knowledge and understanding gained from research directed toward the production of useful materials, devices, systems, or methods, including design and development of prototypes and processes. The Company’s work is closely aligned with the R&D cluster of programs in accordance with 2 CFR 200.1. Accordingly, the schedule of expenditures of federal awards reports all reportable programs in the R&D cluster. Subrecipient—Certain funds are passed through to subgrantee organizations by the Company. Expenditures incurred by the subgrantees and reimbursed by the Company are presented in the Schedule. The Company is also the subrecipient of funds, which have been reported as expenditures and listed as pass-through funds. De Minimis Rate Used: Both Rate Explanation: The Battelle Education subsidiary has elected to charge the de minimis indirect cost rate of 10% as permitted under the Uniform Guidance. Basis of Presentation—The Company prepares its consolidated financial statements in accordance with accounting principles generally accepted in the United States of America (US GAAP). The accompanying consolidated financial statements include all the Company’s wholly owned and financially or otherwise controlled subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation and figures are presented in thousands but for the Schedule of Expenditures and Federal Awards for the year ended September 30, 2024 or unless otherwise stated. The accompanying schedule of expenditures of federal awards (the “Schedule”) summarizes the expenditures of Battelle Memorial Institute (BMI) and subsidiaries (the “Company”) under programs funded by the federal government for the year ended September 30, 2024. The Schedule has been prepared on the accrual basis in accordance with accounting principles generally accepted in the United States of America and includes all federal awards and contracts entered into directly between the Company and agencies and departments of the federal government, as well as funds passed through to the Company by other recipients. In accordance with the Uniform Guidance 2 CFR 200 (§200.38 Federal award) the Schedule does not include amounts received to operate government-owned, contractor-operated facilities. Negative amounts reported on the Schedule are adjustments or credits made in the normal course of business to amounts reported as expenditures in prior fiscal years. Research and Development Cluster (“R&D cluster”)—OMB Uniform Guidance defines research and development as follows: research is a systematic study directed toward fuller scientific knowledge or understanding of the subject studied; development is the systematic use of knowledge and understanding gained from research directed toward the production of useful materials, devices, systems, or methods, including design and development of prototypes and processes. The Company’s work is closely aligned with the R&D cluster of programs in accordance with 2 CFR 200.1. Accordingly, the schedule of expenditures of federal awards reports all reportable programs in the R&D cluster. Subrecipient—Certain funds are passed through to subgrantee organizations by the Company. Expenditures incurred by the subgrantees and reimbursed by the Company are presented in the Schedule. The Company is also the subrecipient of funds, which have been reported as expenditures and listed as pass-through funds.
Title: 2. Noncash Awards Accounting Policies: Basis of Presentation—The Company prepares its consolidated financial statements in accordance with accounting principles generally accepted in the United States of America (US GAAP). The accompanying consolidated financial statements include all the Company’s wholly owned and financially or otherwise controlled subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation and figures are presented in thousands but for the Schedule of Expenditures and Federal Awards for the year ended September 30, 2024 or unless otherwise stated. The accompanying schedule of expenditures of federal awards (the “Schedule”) summarizes the expenditures of Battelle Memorial Institute (BMI) and subsidiaries (the “Company”) under programs funded by the federal government for the year ended September 30, 2024. The Schedule has been prepared on the accrual basis in accordance with accounting principles generally accepted in the United States of America and includes all federal awards and contracts entered into directly between the Company and agencies and departments of the federal government, as well as funds passed through to the Company by other recipients. In accordance with the Uniform Guidance 2 CFR 200 (§200.38 Federal award) the Schedule does not include amounts received to operate government-owned, contractor-operated facilities. Negative amounts reported on the Schedule are adjustments or credits made in the normal course of business to amounts reported as expenditures in prior fiscal years. Research and Development Cluster (“R&D cluster”)—OMB Uniform Guidance defines research and development as follows: research is a systematic study directed toward fuller scientific knowledge or understanding of the subject studied; development is the systematic use of knowledge and understanding gained from research directed toward the production of useful materials, devices, systems, or methods, including design and development of prototypes and processes. The Company’s work is closely aligned with the R&D cluster of programs in accordance with 2 CFR 200.1. Accordingly, the schedule of expenditures of federal awards reports all reportable programs in the R&D cluster. Subrecipient—Certain funds are passed through to subgrantee organizations by the Company. Expenditures incurred by the subgrantees and reimbursed by the Company are presented in the Schedule. The Company is also the subrecipient of funds, which have been reported as expenditures and listed as pass-through funds. De Minimis Rate Used: Both Rate Explanation: The Battelle Education subsidiary has elected to charge the de minimis indirect cost rate of 10% as permitted under the Uniform Guidance. During the year ended September 30, 2024, the Company did not receive nonmonetary assistance.
Title: 3. Summary of Significant Accounting Policies for Program Expenditures Accounting Policies: Basis of Presentation—The Company prepares its consolidated financial statements in accordance with accounting principles generally accepted in the United States of America (US GAAP). The accompanying consolidated financial statements include all the Company’s wholly owned and financially or otherwise controlled subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation and figures are presented in thousands but for the Schedule of Expenditures and Federal Awards for the year ended September 30, 2024 or unless otherwise stated. The accompanying schedule of expenditures of federal awards (the “Schedule”) summarizes the expenditures of Battelle Memorial Institute (BMI) and subsidiaries (the “Company”) under programs funded by the federal government for the year ended September 30, 2024. The Schedule has been prepared on the accrual basis in accordance with accounting principles generally accepted in the United States of America and includes all federal awards and contracts entered into directly between the Company and agencies and departments of the federal government, as well as funds passed through to the Company by other recipients. In accordance with the Uniform Guidance 2 CFR 200 (§200.38 Federal award) the Schedule does not include amounts received to operate government-owned, contractor-operated facilities. Negative amounts reported on the Schedule are adjustments or credits made in the normal course of business to amounts reported as expenditures in prior fiscal years. Research and Development Cluster (“R&D cluster”)—OMB Uniform Guidance defines research and development as follows: research is a systematic study directed toward fuller scientific knowledge or understanding of the subject studied; development is the systematic use of knowledge and understanding gained from research directed toward the production of useful materials, devices, systems, or methods, including design and development of prototypes and processes. The Company’s work is closely aligned with the R&D cluster of programs in accordance with 2 CFR 200.1. Accordingly, the schedule of expenditures of federal awards reports all reportable programs in the R&D cluster. Subrecipient—Certain funds are passed through to subgrantee organizations by the Company. Expenditures incurred by the subgrantees and reimbursed by the Company are presented in the Schedule. The Company is also the subrecipient of funds, which have been reported as expenditures and listed as pass-through funds. De Minimis Rate Used: Both Rate Explanation: The Battelle Education subsidiary has elected to charge the de minimis indirect cost rate of 10% as permitted under the Uniform Guidance. Expenditures consist of direct and indirect costs. Direct costs are those that can be identified specifically with a sponsored project. Indirect costs are the costs of services and resources that benefit both sponsored and non-sponsored projects but are necessary for the operation of the Company. The Battelle Science and Technology (S&T), Integration, and Battelle Ecology segment projects use indirect cost rates to charge indirect costs to individual sponsored projects. The rates are the result of a number of complex cost allocation procedures that the Company uses to allocate its indirect costs to both sponsored and non-sponsored activities. The indirect costs are allocated to sponsored projects by dividing by the direct cost bases of the sponsored projects to arrive at the indirect costs rates. The indirect cost rates of the S&T and Integration segments are reviewed and approved by the Defense Contract Audit Agency (DCAA) and Defense Contract Management Agency (DCMA). The indirect cost rates of the Battelle Ecology segment are reviewed and approved by the National Science Foundation (NSF). The indirect cost rates are subject to final audit and final agreement with the appropriate Government representative in accordance with FAR 52.216-7(d). The Battelle Education subsidiary has elected to charge the de minimis indirect cost rate of 10% as permitted under the Uniform Guidance.
Title: 4. Loans/Loan Guarantees Accounting Policies: Basis of Presentation—The Company prepares its consolidated financial statements in accordance with accounting principles generally accepted in the United States of America (US GAAP). The accompanying consolidated financial statements include all the Company’s wholly owned and financially or otherwise controlled subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation and figures are presented in thousands but for the Schedule of Expenditures and Federal Awards for the year ended September 30, 2024 or unless otherwise stated. The accompanying schedule of expenditures of federal awards (the “Schedule”) summarizes the expenditures of Battelle Memorial Institute (BMI) and subsidiaries (the “Company”) under programs funded by the federal government for the year ended September 30, 2024. The Schedule has been prepared on the accrual basis in accordance with accounting principles generally accepted in the United States of America and includes all federal awards and contracts entered into directly between the Company and agencies and departments of the federal government, as well as funds passed through to the Company by other recipients. In accordance with the Uniform Guidance 2 CFR 200 (§200.38 Federal award) the Schedule does not include amounts received to operate government-owned, contractor-operated facilities. Negative amounts reported on the Schedule are adjustments or credits made in the normal course of business to amounts reported as expenditures in prior fiscal years. Research and Development Cluster (“R&D cluster”)—OMB Uniform Guidance defines research and development as follows: research is a systematic study directed toward fuller scientific knowledge or understanding of the subject studied; development is the systematic use of knowledge and understanding gained from research directed toward the production of useful materials, devices, systems, or methods, including design and development of prototypes and processes. The Company’s work is closely aligned with the R&D cluster of programs in accordance with 2 CFR 200.1. Accordingly, the schedule of expenditures of federal awards reports all reportable programs in the R&D cluster. Subrecipient—Certain funds are passed through to subgrantee organizations by the Company. Expenditures incurred by the subgrantees and reimbursed by the Company are presented in the Schedule. The Company is also the subrecipient of funds, which have been reported as expenditures and listed as pass-through funds. De Minimis Rate Used: Both Rate Explanation: The Battelle Education subsidiary has elected to charge the de minimis indirect cost rate of 10% as permitted under the Uniform Guidance. Battelle does not have loan balances outstanding at the end of fiscal year 2024 reportable in accordance with §200.502 — “Basis for determining Federal awards expended”.
Title: 5. Classified Information Accounting Policies: Basis of Presentation—The Company prepares its consolidated financial statements in accordance with accounting principles generally accepted in the United States of America (US GAAP). The accompanying consolidated financial statements include all the Company’s wholly owned and financially or otherwise controlled subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation and figures are presented in thousands but for the Schedule of Expenditures and Federal Awards for the year ended September 30, 2024 or unless otherwise stated. The accompanying schedule of expenditures of federal awards (the “Schedule”) summarizes the expenditures of Battelle Memorial Institute (BMI) and subsidiaries (the “Company”) under programs funded by the federal government for the year ended September 30, 2024. The Schedule has been prepared on the accrual basis in accordance with accounting principles generally accepted in the United States of America and includes all federal awards and contracts entered into directly between the Company and agencies and departments of the federal government, as well as funds passed through to the Company by other recipients. In accordance with the Uniform Guidance 2 CFR 200 (§200.38 Federal award) the Schedule does not include amounts received to operate government-owned, contractor-operated facilities. Negative amounts reported on the Schedule are adjustments or credits made in the normal course of business to amounts reported as expenditures in prior fiscal years. Research and Development Cluster (“R&D cluster”)—OMB Uniform Guidance defines research and development as follows: research is a systematic study directed toward fuller scientific knowledge or understanding of the subject studied; development is the systematic use of knowledge and understanding gained from research directed toward the production of useful materials, devices, systems, or methods, including design and development of prototypes and processes. The Company’s work is closely aligned with the R&D cluster of programs in accordance with 2 CFR 200.1. Accordingly, the schedule of expenditures of federal awards reports all reportable programs in the R&D cluster. Subrecipient—Certain funds are passed through to subgrantee organizations by the Company. Expenditures incurred by the subgrantees and reimbursed by the Company are presented in the Schedule. The Company is also the subrecipient of funds, which have been reported as expenditures and listed as pass-through funds. De Minimis Rate Used: Both Rate Explanation: The Battelle Education subsidiary has elected to charge the de minimis indirect cost rate of 10% as permitted under the Uniform Guidance. Due to the nature of research and development that the Company performs on behalf of the federal government, various contracts and project information is considered classified, which includes “Top Secret,” “Secret,” or “Confidential.” As a result, the Schedule reflects summarized data by agency in order to properly safeguard various information as required by the federal government.
Title: 6. Relationship to Consolidated Financial Statements Accounting Policies: Basis of Presentation—The Company prepares its consolidated financial statements in accordance with accounting principles generally accepted in the United States of America (US GAAP). The accompanying consolidated financial statements include all the Company’s wholly owned and financially or otherwise controlled subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation and figures are presented in thousands but for the Schedule of Expenditures and Federal Awards for the year ended September 30, 2024 or unless otherwise stated. The accompanying schedule of expenditures of federal awards (the “Schedule”) summarizes the expenditures of Battelle Memorial Institute (BMI) and subsidiaries (the “Company”) under programs funded by the federal government for the year ended September 30, 2024. The Schedule has been prepared on the accrual basis in accordance with accounting principles generally accepted in the United States of America and includes all federal awards and contracts entered into directly between the Company and agencies and departments of the federal government, as well as funds passed through to the Company by other recipients. In accordance with the Uniform Guidance 2 CFR 200 (§200.38 Federal award) the Schedule does not include amounts received to operate government-owned, contractor-operated facilities. Negative amounts reported on the Schedule are adjustments or credits made in the normal course of business to amounts reported as expenditures in prior fiscal years. Research and Development Cluster (“R&D cluster”)—OMB Uniform Guidance defines research and development as follows: research is a systematic study directed toward fuller scientific knowledge or understanding of the subject studied; development is the systematic use of knowledge and understanding gained from research directed toward the production of useful materials, devices, systems, or methods, including design and development of prototypes and processes. The Company’s work is closely aligned with the R&D cluster of programs in accordance with 2 CFR 200.1. Accordingly, the schedule of expenditures of federal awards reports all reportable programs in the R&D cluster. Subrecipient—Certain funds are passed through to subgrantee organizations by the Company. Expenditures incurred by the subgrantees and reimbursed by the Company are presented in the Schedule. The Company is also the subrecipient of funds, which have been reported as expenditures and listed as pass-through funds. De Minimis Rate Used: Both Rate Explanation: The Battelle Education subsidiary has elected to charge the de minimis indirect cost rate of 10% as permitted under the Uniform Guidance. Awards in the amount of $771,809,623 are reported as a portion of total project revenue in the Company’s consolidated financial statements as revenue from operations.
Title: 7. Donated Personal Protective Equipment Accounting Policies: Basis of Presentation—The Company prepares its consolidated financial statements in accordance with accounting principles generally accepted in the United States of America (US GAAP). The accompanying consolidated financial statements include all the Company’s wholly owned and financially or otherwise controlled subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation and figures are presented in thousands but for the Schedule of Expenditures and Federal Awards for the year ended September 30, 2024 or unless otherwise stated. The accompanying schedule of expenditures of federal awards (the “Schedule”) summarizes the expenditures of Battelle Memorial Institute (BMI) and subsidiaries (the “Company”) under programs funded by the federal government for the year ended September 30, 2024. The Schedule has been prepared on the accrual basis in accordance with accounting principles generally accepted in the United States of America and includes all federal awards and contracts entered into directly between the Company and agencies and departments of the federal government, as well as funds passed through to the Company by other recipients. In accordance with the Uniform Guidance 2 CFR 200 (§200.38 Federal award) the Schedule does not include amounts received to operate government-owned, contractor-operated facilities. Negative amounts reported on the Schedule are adjustments or credits made in the normal course of business to amounts reported as expenditures in prior fiscal years. Research and Development Cluster (“R&D cluster”)—OMB Uniform Guidance defines research and development as follows: research is a systematic study directed toward fuller scientific knowledge or understanding of the subject studied; development is the systematic use of knowledge and understanding gained from research directed toward the production of useful materials, devices, systems, or methods, including design and development of prototypes and processes. The Company’s work is closely aligned with the R&D cluster of programs in accordance with 2 CFR 200.1. Accordingly, the schedule of expenditures of federal awards reports all reportable programs in the R&D cluster. Subrecipient—Certain funds are passed through to subgrantee organizations by the Company. Expenditures incurred by the subgrantees and reimbursed by the Company are presented in the Schedule. The Company is also the subrecipient of funds, which have been reported as expenditures and listed as pass-through funds. De Minimis Rate Used: Both Rate Explanation: The Battelle Education subsidiary has elected to charge the de minimis indirect cost rate of 10% as permitted under the Uniform Guidance. The Company did not receive any donated personal protective equipment from the federal government during the year ended September 30, 2024.

Finding Details

Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-001 Qualified Auditor’s Opinion for Allowable Costs and Activities Allowed and Unallowed and Special Tests and Provisions for Research & Development Cluster Due to Material Scope Limitations Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our testing of allowable costs and special tests and provisions, access to classified contracts was restricted. Therefore, we were unable to attain contracts that are deemed to be classified. Consequently, the audit evidence was insufficient to support whether the Company has incurred expenses that are allowable in pursuant with the terms and conditions of federal awards. Further, there was no accessibility to the classified federal award contracts for the determination of whether other special tests and provisions are applicable to these classified contracts. Under the testing for allowable costs, there were approximately 10% of expenses related to classified contracts within the total population. Further, the total classified contract expense amount is nearly two times program materiality. For special tests and provisions, we were unable to attain classified contracts to examine the required level of security clearance for personnel assigned to the projects. Out of the total of 637 federal awards, the Company identified 96 contracts with the requirement of security clearance. Of these 96 contracts, 35 contracts (approximately 36%) were classified. Aside from the requirement for security clearance, we were unable to review other special provisions applicable to classified contracts given restricted access to classified contracts. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized auditors who have been granted clearance by relevant regulatory authorities. Effect: Audit conclusion cannot be reached for the Company’s compliance with allowable costs and special tests and provisions. Questioned Cost: Unknown Recommendation: The Company is advised to engage with the external regulators to seek clarification on the scope limitation and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.
Finding Reference Number 2024-002 Access Restricted to Documentation for Various Compliance Requirements – Research & Development Cluster; Noncompliance – Period of Performance, Procurement (Micro Purchasing), Subrecipient Monitoring, and Equipment and Real Property Management Criteria: In accordance with 2 CFR 200.508 (d), the auditee must provide the auditor access to personnel, accounts, books, records, supporting documentation, and any other information needed for the auditor to perform the audit required for the schedule of expenditures of federal awards. Condition/Context: During our compliance testing of period of performance, procurement (micro purchasing), subrecipient monitoring, and equipment and real property management, access to classified contracts was restricted; therefore, we were unable to review certain information related to classified contracts. Respectively, we were unable to examine within the original contract with regards to: Period of performance (5 of 50 selections) – unable to confirm the authorized project period Procurement (micro purchasing) (2 of 40 selections) – unable to review applicable requirement relating to consent to subcontract Subrecipient monitoring (2 out of 40 selections) – unable to inspect subaward information and applicable terms Equipment and real property management (3 out of 50 selections) – unable to obtain proof of active use and safeguard of the classified equipment and validate whether the equipment disposal was handled properly in accordance with the contractual terms and conditions. Cause: The Company acknowledges that classified contracts are subject to confidentiality requirements as mandated by external regulators. Access to classified information within these contracts are strictly limited to authorized individuals who have been granted clearance by relevant regulatory authorities. Effect: Lack of sufficient documentation or support for expenditures and transactions could cause the expenditures to be denied by the grantor. Questioned Cost: Unable to be determined, as documentation was not available for these selections Recommendation: The Company is advised to engage with the external regulators to seek clarification on the access restrictions and explore any possible flexibility or alternative approaches. Views of responsible officials: See Corrective Action Plan.