Finding Text
Finding 2023-001: Federal Funding Accountability and Transparency Act Subaward Reporting
Information of the Federal Program: Assistance Listing Number 19.345
Criteria: As noted in 2 CFR Part 170, recipients (i.e., direct recipients) of grants or cooperative
agreements who make first tier subawards of $30,000 or more are required to register in the
Federal Funding Accountability and Transparency Act Subaward Reporting System (FSRS) and
report subaward data through FSRS.
Condition: The Organization did not register its subawards in the Federal Funding Accountability
and Transparency Act Subaward Reporting System.
Cause: The Organization did not update its financial and accounting policies, and as a result did not
adhere to the guidance.
Effect or Potential Effect: The Organization could inadvertently fail to ensure that subrecipients
are in compliance with Federal award agency regulations.Questioned Costs: None noted
Context: The Organization did not register their subawards in excess of $30,000 with the Federal
Funding Accountability and Transparency Act Subaward Reporting System.
Identification as a Repeat Finding, if Applicable: 2022-001
Recommendation: We recommend that the Organization update its policies and procedures to
ensure all first tier subawards in excess of $30,000 are accurately and timely registered with the
Federal Funding Accountability and Transparency Act Subaward Reporting System. In addition,
the Organization should ensure any subawards are reported within the required time-frame.