Finding Text
Significant Deficiency Finding 2022-001: Reporting Identification of federal program: Program Title: Agriculture Research Basic and Applied Research Assistance Listing Number: 10.001 Award Identification: CA 59-8082-0-001 Federal Agency: U.S. Department of Agriculture, Agriculture Research Service Criteria or Specific Requirement: As described in the Fund?s award with the U.S. Department of Agriculture?s, Agriculture Research Service, the Fund is required to submit annual and final financial and performance reports as required by 2 CRF 200. The annual federal financial report (FFR) (SF-425) shall be submitted no later than 90 days after the end of each reporting period. Final federal financial report shall be submitted no later than 90 days after the project or grant period end date. Condition: In testing compliance over reporting, we noted that the annual federal financial report (FFR) (SF-425) was not submitted timely. The annual SF-425 for the reporting period ending March 31, 2022, was submitted on March 14, 2023, which was more than 90 days after the end of the reporting period. Cause: There was turnover in accounting and program staff during the grant period. This resulted in delays in timely financial report submission. Effect: In accordance with 2 CRF 200, section 200.328, the Fund should implement procedures and policies for monitoring and reporting on financial and program performance using the necessary standard reporting forms. Reporting that is required in accordance with the criteria described above was not submitted timely. Questioned Costs: None Context: The Fund did not comply with the annual and final financial and performance reports as required by 2 CRF 200. Repeat finding: No Recommendation: Implement procedures and policies for timely submission of the required financial and performance reports within the required timeframe. Views of responsible individuals: Management concurs with and will implement the recommendation. See corrective action plan.