Finding 1223616 (2024-002)

Finding 2024-002: Late Reporting and Noncompliance With Reporting Requirements Federal Agency: Denali Commission Federal Program: Akutan West Harbor Access Road Assistance Listing: 90.100 Award Number: 1727-00 Award Year: 2023 Type of Finding: Material Weakness in Internal Control over Compliance and Material Noncompliance With Reporting Requirements. Criteria: 2 CFR part 200, subpart F, section 200.512 requires that the reporting package must be submitted within the earlier of nine months plus any extensions after year end, or 30 days after the report issuance date. Condition and Context: The City did not adhere to the Uniform Guidance requirement of submitting the reporting package and Form SF-SAC within the earlier of nine months plus any extensions after year end, or 30 days after the report issuance date. Cause: Lack of internal controls over Uniform Guidance reporting requirements. Effect: The City is not in compliance with 2 CFR part 200, subpart F, section 200.512. Questioned Costs: None. Repeat Finding: No. Recommendation: We recommend the City implement policies and procedures to ensure timely completion of its Federal Single Audit. Management Response: Management concurs with this finding. See Corrective Action Plan.