Finding 1159775 (2020-010)

Material Weakness Repeat Finding
Requirement
L
Questioned Costs
-
Year
2020
Accepted
2025-10-02
Audit: 370332
Organization: Program of Academic Exchange (NY)
Auditor: Sax CPAS LLP

AI Summary

  • Core Issue: PAX failed to submit the audit package and data collection form on time, violating 2 CFR 200.512 (a).
  • Impacted Requirements: Timely submission of reports to the Federal Audit Clearinghouse is mandatory within nine months after the audit period.
  • Recommended Follow-Up: PAX should establish better policies and controls to ensure future compliance with reporting deadlines.

Finding Text

Criteria: Per the requirements contained in 2 CFR 200.512 (a), the auditee is responsible for submitting the data collection form and the reporting package, including the auditors’ reports, within the earlier of 30 days after receipt of the auditors’ report or nine months after the end of the audit period to the federal audit clearinghouse. Condition: The audit package and data collection form were not submitted to the Federal Audit Clearinghouse for the reporting year September 30, 2020 within nine months after the end of the audit period. Citation: 2 CFR 200.512 (a) Cause: Account analyses were not performed in a timely manner throughout the year and this led to delays in the start of the audit process. Effect: PAX is deficient in its submission of the required audit reporting package and data collection form. As such, PAX is noncompliant with the reporting requirements. Questioned Costs: None. Context: This was a universal matter that impacted the entity as a whole. Repeat Finding: Yes Recommendation: We recommend that PAX implement appropriate policies, procedures, and controls to ensure that future submissions of the Uniform Guidance reports are filed timely. View of Responsible Officials: See Corrective Action Plan attached.

Corrective Action Plan

PAX will establish appropriate policies, procedures, and controls to ensure that future submissions of Uniform Guidance reports are filed timely. The primary deliverable will be timely audit completion and submission. Dije Kucana, Comptroller, and Bradley Smith, CEO, effective immediately

Categories

Reporting

Other Findings in this Audit

  • 1159770 2020-008
    Material Weakness Repeat
  • 1159771 2020-009
    Material Weakness Repeat
  • 1159772 2020-010
    Material Weakness Repeat
  • 1159773 2020-008
    Material Weakness Repeat
  • 1159774 2020-009
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
19.415 Professional and Cultural Exchange Programs - Citizen Exchanges $1.42M