Answer: There is a major issue with how we monitor subrecipients, which affects our compliance.
Trend: This deficiency could lead to ongoing compliance risks if not addressed promptly.
List: Follow up by reviewing subrecipient agreements, enhancing monitoring processes, and providing training for staff involved in compliance.
Finding Text
Significant deficiency in internal control over compliance related to subrecipient monitoring.
Corrective Action Plan
Corrective action planned: Management has revised its internal policies and procedures regarding subrecipient monitoring to follow 2 CFR 200.332. Ensure that subward are clearly identified and included in subrecipient agreement.