Finding Text
Finding 2025-003: Financial Reporting Information on the Federal Program: Assistance Listing Number 93.788 Criteria or Specific Requirement: HIPS is required to comply with applicable statutes, regulations, and the terms and conditions of the Federal awards pertaining to financial reporting requirements. Condition: We noted certain financial reports did not have timely submissions of required reports on the awards under audit.Cause: Reporting deadlines proved challenging to meet due to the turnover of key staff and the administrative burdens associated with gathering the data necessary to complete the reports. Report submissions for certain awards did not have supporting documentation for the date of submission due to the information not being available in the system that the reports are submitted to. Effect or Potential Effect: Noncompliance with financial reporting requirements could potentially result in the withholding of future payments, award suspension or termination, and ineligibility of future awards. Questioned Costs: None. Context: The exceptions noted during the audit pertained to all Department of Human and Health Services (HHS) awards under audit for the year ended September 30, 2025. Identification as a Repeat Finding, if Applicable: Yes (2024-005) Recommendation: HIPS should implement a system to track and ensure the timely submission of all financial reports as required by the award agreements. This includes reviewing the terms and conditions of each award to identify mandatory reporting requirements, and establishing internal controls to ensure accurate and timely reporting. Submission of reports should be retained internally for documentation purposes.