Finding Text
Criteria: The grant requires annual reporting on properties held under federal interest. Condition: The center failed to submit timely reports for the grant periods ending July 31, 2023 and 2022. Cause: Property reports were a new requirement resulting from the transfer of land and buildings to the Center during grant period July 31, 2022. Requirement was discovered during the 2022 audit. No follow up with grantor regarding the process for submitting reports occurred until beginning of 2023 audit. The Center was unable to prepare the required report prior to the deadline. Effect: The Center was required to file the reports late to rectify the matter. Recommendation: We recommend management review current controls over reporting to ensure timeliness of report submissions.