Finding 36572 (2022-002)

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Requirement
P
Questioned Costs
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Year
2022
Accepted
2023-09-14

AI Summary

  • Core Issue: The audit report package was submitted late, violating federal regulations.
  • Impacted Requirements: All major federal programs require submission within nine months after year-end.
  • Recommended Follow-Up: Ensure accuracy of financial information to meet submission deadlines in the future.

Finding Text

FINDING 2022-002: Audit Package Late Filing Federal Programs Affected: All major federal programs as listed in Schedule of Findings and Questioned Costs. Criteria: Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards requires an entity, if it expends more than $750,000 of federal funds, to submit the audit reporting package and data collection form to the Federal Audit Clearinghouse within nine (9) months after year-end. Condition: During our testing, we noted that the audit report package and data collection form for the year ended June 30, 2021, was submitted to the Federal Audit Clearinghouse on October 21, 2022, a time period in excess of the nine (9) month requirement as outlined above. Cause: The annual report filing to the federal clearinghouse, including the data collection form, was filed late. Effect: Greater Johnstown Area Vocational Technical School was not in compliance with audit report package and data collection form submission requirements, which could lead to a reduction in future funding from granting agencies. Questioned Cost: None noted. Recommendation: We recommend Greater Johnstown Area Vocational Technical School ensure accuracy of year-end financial information to ensure timely submission of reports.

Categories

Allowable Costs / Cost Principles Reporting

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $704,053
84.063 Federal Pell Grant Program $492,982
84.425 Education Stabilization Fund $421,684
84.048 Career and Technical Education -- Basic Grants to States $126,381
32.009 Emergency Connectivity Fund Program $117,920
64.028 Post-9/11 Veterans Educational Assistance $61,672
17.245 Trade Adjustment Assistance $6,395