Finding Text
Finding 2025-003: FFATA Reporting Federal Program: Building an Inclusive Workforce: Lifting Underrepresented Communities Assistance Listing Number: 17.289 Federal Agency: U.S. Department of Labor Federal Award Number(s): 24A60CP000157-01-04 Type of Finding: Significant Deficiency in Internal Control over Compliance and Non-compliance Criteria: The Federal Funding Accountability and Transparency Act (FFATA) requires recipients of Federal awards who issue subawards of $30,000 or more to report subaward information in the FFATA Subaward Reporting System (FSRS). This reporting ensures transparency in the use of Federal funds. Condition: During our audit, we noted that the Coalition did not file the required FFATA reports for subawards exceeding the $30,000 threshold within the required timeframe. Cause: This condition resulted from management oversight related to monitoring and tracking sub award amendments that exceed the FFATA reporting threshold. Effect or Potential Effect: Failure to comply with FFATA reporting requirements reduces transparency in the use of Federal funds and could potentially impact the Coalition's eligibility for future funding. Questioned Costs: None. Context: 1 out of 1 samples tested failed to comply with FFATA reporting requirements. The sample is representative of the population. Identification as a Repeat Finding, if Applicable: Not applicable. Recommendation: We continue to recommend that the Coalition establish and implement controls to ensure compliance with FFATA reporting requirements. This may include training staff responsible for grant compliance and performing periodic reviews to verify that all applicable subawards, including sub award amendments, are reported in FSRS in a timely manner.