Finding Text
Criteria: The grant requires semi-annual reporting of financial information and annual reporting on properties. Condition: The Center failed to submit financial report for the grant period ending July 31, 2022, and annual property reports. Cause: Failure to submit financial report appears to have been an oversight. Property reports are a new requirement resulting from the transfer of land and buildings to the Center during the fiscal year. Allison was unaware of the new requirement. Effect: Noncompliance with grant requirements could result in discontinuance of funding. Recommendation: We recommend management review current controls over reporting to ensure timeliness of report submissions. Management's Response: Management agrees with our recommendation and finding. The financial report has been submitted as of date of audit submission. The property reports will be prepared and submitted as soon as possible.