Finding 1092147 (2003-001)

Significant Deficiency
Requirement
L
Questioned Costs
-
Year
2023
Accepted
2024-12-18
Audit: 333569
Organization: Biostl (MO)
Auditor: Rubinbrown LLP

AI Summary

  • Core Issue: FFATA reports for subawards over $30,000 were not submitted on time or properly reviewed.
  • Impacted Requirements: Compliance with 2 CFR Part 170 and FFATA reporting standards was not met, leading to noncompliance.
  • Recommended Follow-Up: Implement timely compilation and submission of FFATA reports with proper review; utilize the new compliance reminder system for proactive notifications.

Finding Text

Finding 2023-001 Significant Deficiency: Reporting - Compliance and Control Finding ALN 11.307 – Economic Development Cluster Federal Agency: U.S. Department of Commerce Pass-Through Entity: N/A Criteria Or Specific Requirement: 2 CFR Part 170 requires direct recipients of grants to report first-tier subawards of $30,000 or more to the Federal Funding Accountability and Transparency Act (FFATA) Subaward Reporting System (FSRS) no later than the last day of the month following the month in which the agreement was made. Additionally, proper controls must be in place surrounding review and approval of the report prior to submission to FSRS. Condition: Audit procedures revealed that the FFATA reports were not properly or timely submitted. Cause: Management was not aware FFATA reports were an applicable requirement of the federal program. Additionally, controls over compliance were not designed effectively to ensure compliance with such grant requirements. Effect: Instances of noncompliance were not detected by management. Context: Reports for subrecipients who were awarded over $30,000 in federal funding were not compiled, reviewed or submitted by last day of the month following the month in which the agreement was made. Questioned Costs: None. Identification As A Repeat Finding: Not applicable. Recommendation: We recommend that management compile and submit FFATA report timely for all subrecipient agreements for greater than $30,000 in federal funding with proper review and approval prior to submission. Views Of Responsible Officials: BioSTL has implemented an Airtable-based compliance reminder system to automate notifications related to FFATA form submissions. Automated reminders will be sent to both pass-through partners and relevant program staff, reminding them to complete the annual FFATA form submission. Notifications will be issued on September 1st as a 30-day advance notice and again on September 15th, with a final submission deadline to BioSTL set for September 30th of each year. These reminders ensure proactive follow-up and help maintain annual compliance.

Categories

Subrecipient Monitoring Reporting Significant Deficiency

Other Findings in this Audit

  • 515705 2003-001
    Significant Deficiency
  • 515706 2003-001
    Significant Deficiency
  • 1092148 2003-001
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
11.307 Economic Adjustment Assistance $1.07M
11.020 Economic Development Administration - Center for Defensive Medicine $528,092
21.027 Coronavirus State and Local Fiscal Recovery Funds $272,255
11.024 Build to Scale $120,380
17.285 Registered Apprenticeship $118,754
47.084 Nsf Technology, Innovation, and Partnerships $68,102