Finding 1104641 (2024-001)

Requirement

Questioned Costs

Year

2024

Accepted

2025-03-14

Audit: 346256

Organization: Luis A Ferre Foundation (PR)

Auditor: Kevane Grant Thornton

AI Summary

Issue: The June 30, 2023 Data Collection Form and Single Audit package were submitted late.
Trend: Timeliness of submissions is critical for compliance and may affect future audits.
Follow-up: Ensure all future reports are submitted on time to avoid penalties and maintain compliance.

The June 30, 2023 Data Collection Form and Single Audit reporting package were not submitted within the established due date.

ALN	Program Name	Expenditures
97.039	Hazard Mitigation Grant	$961,340