FAC Explorer

Audit 50356

FY End
2022-06-30
Total Expended
$2.21M
Findings
6
Programs
1
Organization: Arizona Theatre Company (AZ)
Year: 2022 Accepted: 2022-11-02
Auditor: Beachfleischman PLLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
59319 2022-003 Significant Deficiency - B
59320 2022-004 Significant Deficiency - B
59321 2022-005 Significant Deficiency - AB
635761 2022-003 Significant Deficiency - B
635762 2022-004 Significant Deficiency - B
635763 2022-005 Significant Deficiency - AB

Programs

ALN Program Spent Major Findings
59.075 Shuttered Venue Operators Grant Program $2.21M Yes 3

Contacts

Name Title Type
DA77SPAWPKM5 Mark Kochman Auditee
5208848210 Eric Maneval Auditor
No contacts on file

Notes to SEFA

Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate.

Finding Details

Finding 2022-003
As discussed at Finding 2022-001, charges to Federal awards must be based on records that accurately reflect the work performed. We found instances where no time sheets or only partial time sheets were provided for exempt employees. Procedures should be implemented that require all employees to have completed and approved time sheets.
Finding 2022-004
As discussed at Finding 2022-002, controls should always be followed and alternate staff should be designated to approve time sheets when supervior is on vacation. We found one instance of a time sheet processed without supervisor approval. Procedures should be in place that require an alternate staff to approve time sheets when a supervisor is on vacation
Finding 2022-005
Criteria: Non-Federal entities are required to have written policies, procedures, and standards of conduct. Condition/Context: The Organization does not have written policies for procurement, allowable costs, payment management, etc. as required by 2 CFR 200, Subparts D and E. Cause: This is the first year the Organization has received any Federal funding, and did not have the staff resources to document their policies and procedures in writing. Effect: Employees could be unclear of Federal contract requirements without documented policies and procedures.
Finding 2022-003
As discussed at Finding 2022-001, charges to Federal awards must be based on records that accurately reflect the work performed. We found instances where no time sheets or only partial time sheets were provided for exempt employees. Procedures should be implemented that require all employees to have completed and approved time sheets.
Finding 2022-004
As discussed at Finding 2022-002, controls should always be followed and alternate staff should be designated to approve time sheets when supervior is on vacation. We found one instance of a time sheet processed without supervisor approval. Procedures should be in place that require an alternate staff to approve time sheets when a supervisor is on vacation
Finding 2022-005
Criteria: Non-Federal entities are required to have written policies, procedures, and standards of conduct. Condition/Context: The Organization does not have written policies for procurement, allowable costs, payment management, etc. as required by 2 CFR 200, Subparts D and E. Cause: This is the first year the Organization has received any Federal funding, and did not have the staff resources to document their policies and procedures in writing. Effect: Employees could be unclear of Federal contract requirements without documented policies and procedures.