Finding 34723 (2022-003)

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Requirement
L
Questioned Costs
-
Year
2022
Accepted
2023-06-20

AI Summary

  • Core Issue: The Single Audit reporting package for fiscal year 2021 was submitted late, violating 2 CFR Part 200 requirements.
  • Impacted Requirements: Grantees must submit the audit package within 30 days of receiving the audit report or nine months after the fiscal year end.
  • Recommended Follow-Up: Implement measures to ensure timely submission of the audit package to avoid high-risk classification in the future.

Finding Text

Finding Number: 2022-003 This finding is: X New Repeat from Prior Year? Year originally reported? Federal Program Names: Promotion of the Humanities Federal/State Partnership; Promotion of the Arts Grants to Organizations and Individuals Project Numbers: SO-263616-19, ZSO-283177-21, SO-283106-22; 1866149-52-C-20 Assistance Listing Numbers: 45.129; 45.024 Passed Through: N/A; Arts Midwest Federal Agencies: National Endowment for the Humanities; National Endowment for the Arts Criteria Reporting - 2 CFR Part 200 requires grantees to submit the Single Audit reporting package to the Federal Audit Clearinghouse (FAC) within the earlier of 30 calendar days after receiving the audit report or nine months after the fiscal year end. Condition During our testing, we noted that the Single Audit reporting package for fiscal year 2021 was not submitted to the FAC within the required timeframe. Questioned Costs None Context The complete reporting package was submitted on June 16, 2022. This was over two months after the audit report which was dated April 5, 2022. While the package was submitted within the nine-month window after the fiscal year end, it was considered late based on 2 CFR Part 200 requirements. Effect The Organization was not in compliance with 2 CFR Part 200 and was classified as a high-risk auditee for fiscal year 2022. Cause This finding was due to an oversight by the Organization?s management and accounting department. Recommendation The Organization should ensure that the Single Audit reporting package is submitted to the FAC within the required timeframe. Management Response Management concurs with this finding. See corrective action plan.

Categories

Reporting Internal Control / Segregation of Duties

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
45.129 Promotion of the Humanities_federal/state Partnership $903,676
45.024 Promotion of the Arts_grants to Organizations and Individuals $24,919