Finding Text
Finding 2023-002: Reportable Finding Considered a Significant Deficiency – Reporting
Assistance Listing Number: 10.181
Agency: U.S. Department of Agriculture
Program: Pandemic Relief Activities: Farm and Food Worker Relief Program (FFWR)
Award Number: AM22FFWDC0002-02
Grant Years: 2023
Criteria: The Performance and Financial Monitoring and Reporting guidelines outlined in 2 CFR sections 200.328 and 200.329 require that the Foundation submit Office of Management and Budget semi-annual financial reporting on Form SF-425.
Condition: During our 2023 audit, we reviewed the Forms SF-425 submitted during the period which covered the periods November 4, 2022 through April 3, 2023 and April 4, 2023 through October 3, 2023. We reviewed the submissions for timely submission, that the reports were signed by a certifying official, and that the reports reconciled to the information obtained during the audit of the financial statements. For the SF-425 which covered the period November 4, 2022 through April 3, 2023 we could not reconcile the expenditures in the report to the underlying financial information.
Cause: The Foundation did not reconcile the SF-425 to the financial records before submission.
Effect: The Foundation reported erroneous amount of federal award expenditures on Form SF-425 for the period November 4, 2022 through April 3, 2023.
Context: There were two SF-425 submissions during the year.
Questioned Costs: There are no questioned costs associated with this finding. Repeat Finding: This is not a repeat finding.
Recommendation: The Foundation should implement internal control procedures to ensure that the amounts reported in Form SF-425 are reconciled to the underlying financial records and reviewed before being signed by a certifying official and submitted.
Views of Responsible Officials and Planned Corrective Actions: The views of responsible officials and planned corrective actions is included at the end of this report.