Finding Text
Finding number: 2022-002
Assistance Listing
number:
59.075
Assistance Listing title: Shuttered Venue Operators Grant
Federal award
identification number
and year:
SBAHQ21SV016541; 2022
Name of federal
agency:
U.S. Small Business Administration
Name of pass-through
entity:
N/A
Repeat finding: No
Criteria: At closeout, grantees are required to provide a reconciliation of expenses by
allowable budget category in response to the expense report action item. Grantees
should also maintain justification for any changes from the final budget to the
expense report and maintain clear records of the costs charged to the SVOG
award substantiating eligibility and allowability. Condition: The Association did not maintain a timely reconciliation of expenses charged to
the SVOG award. Upon the request of the audit team, the Association was able to
provide an accounting of the costs charged to the SVOG award.
Cause: The SVOG program is the Association’s first time administering a Federal award
and the Association was not fully aware of the requirement to maintain a timely
reconciliation of the costs charged to the SVOG award.
Possible effect: A reconciliation of costs charged to the SVOG award was not timely available.
Questioned cost: None
Recommendation: We recommend that a timely reconciliation and accounting of all costs charged to
a Federal award be maintained throughout the award period.
Views of responsible
officials:
Management concurs with the finding and a reconciliation of costs charged to the
SVOG award was provided to the auditors after requested. Management will
implement procedures to ensure that a timely reconciliation of costs is maintained
for costs charged to any future Federal awards.