Finding Text
2022-002 Federal Agency: U.S. Department of State Federal Program Name: Professional and Cultural Exchange Programs - Citizen Exchanges Assistance Listing Number: 19.415 Award Period: July 26, 2022 ? September 30, 2025 Type of Finding: * Material Weakness in Internal Control over Compliance *Material Noncompliance (Modified Opinion) Criteria or specific requirement: 2 CFR Part 200 Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Award requires compliance with the provisions of period of performance. American Institute For Foreign Study Foundation, Inc. should have internal controls designed to ensure compliance with those provisions. Condition: During our testing over period of performance, we noted American Institute For Foreign Study Foundation, Inc. did not have adequate internal controls designed to ensure costs were properly charged to awards within the period of performance. Cause: Exception was caused due to inadequate review over period of performance compliance. Effect: Expenditures for the award were overstated for prior period expenditures. Repeat Finding: No Recommendation: We recommend American Institute For Foreign Study Foundation, Inc. design controls to ensure an adequate review process is in place to review the period of costs incurred to ensure costs are charged to grants in the proper period. Views of Responsible Officials: Management concurs with the finding. See separate corrective action plan.