Answer: The audit found a lack of risk evaluation for a subrecipient at the time of the subaward.
Trend: This indicates a potential pattern of oversight in assessing subrecipient compliance risks.
List: Follow up by implementing a standardized risk evaluation process for all subawards.
Finding Text
During our audit, we examined a non-statistical sample of one subaward and noted that there was no evidence of evaluation of the subrecipient’s risk of noncompliance at the time of the subaward.