Finding 1159735 (2024-002)

Material Weakness Repeat Finding
Requirement
L
Questioned Costs
-
Year
2024
Accepted
2025-10-02
Audit: 370316
Organization: Alaska Ocean Observing System (AK)
Auditor: Kpmg LLP

AI Summary

  • Core Issue: Reports were submitted without management's documented review or approval, risking inaccuracies.
  • Impacted Requirements: This violates 2 CFR section 200.303(d)(2), which mandates effective internal controls over federal awards.
  • Recommended Follow-Up: Collaborate with the fiscal agent to enhance oversight and create policies for mandatory report reviews before submission.

Finding Text

Program: ALN 11.012, National Oceanic and Atmospheric Administration, Implementation and Development of Regional Coastal Ocean Observing System, Alaska Ocean Observing System grant numbers NA16NOS0120027, NA21NOS0120094, NA23NOS0120080, NA24NOSX012C0027 Criteria: 2 CFR section 200.303(d)(2), states that a non-federal entity must establish and maintain effective internal control over the federal award that provides reasonable assurance that the non-federal entity is managing the federal award in compliance with federal statues, regulations, and the terms and conditions of the federal award. Condition: Reports were submitted to the federal agency without documented review or approval by management. Cause: The entity contracts with another organization to act as its fiscal agent. The fiscal agent experienced significant turnover and delays in hiring qualified personnel for finance roles, and the entity did not retain documentation of report reviews. Possible asserted effect: Lack of review increases the risk of submitting incomplete or inaccurate information, potentially leading to audit findings or questioned costs. Questioned costs: None Context: Inspection of all reports submitted during the year indicated that no financial or performance reports had documented approval prior to submission. Statistical sampling: No Repeat finding: No Recommendations: We recommend the entity work with its fiscal agent to provide oversight and compensating controls in times of staff vacancy, and develop policies that incorporate review and documentation of review of reports prior to them being submitted to the granting agencies. Views of responsible officials: AOOS will work with its fiscal agent to strengthen oversight and establish compensating controls during staff vacancies to ensure proper review of reports. In addition, AOOS will develop and implement policies that require management review and documentation of all reports prior to submission to granting agencies, thereby ensuring accuracy, accountability, and compliance with federal requirements

Corrective Action Plan

AOOS will work with its fiscal agent to strengthen oversight and establish compensating controls during staff vacancies to ensure proper review of reports. In addition, AOOS will re-establish and implement policies that require management review and documentation of all reports prior to submission to granting agencies, thereby ensuring accuracy, accountability, and compliance with federal requirements. Completion Date: September 30, 2026 Responsible Person: Sheyna Wisdom, Executive Director, AOOS

Categories

Internal Control / Segregation of Duties

Other Findings in this Audit

  • 1159732 2024-002
    Material Weakness Repeat
  • 1159733 2024-002
    Material Weakness Repeat
  • 1159734 2024-002
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
47.084 Nsf Technology, Innovation, and Partnerships $556,574
11.472 Unallied Science Program $16,354
15.944 Natural Resource Stewardship $13,508
47.050 Geosciences $4,741
11.431 Climate and Atmospheric Research $3,076
11.012 Integrated Ocean Observing System (ioos) $2,593