Finding Text
Finding 2020-010 Lack of Internal Controls Over Reporting and Noncompliance with Reporting Requirements
Federal Agencies: U.S. Department of the Treasury
Federal Programs: Coronavirus Relief Fund
CFDA Numbers: 21.019
Award Number: SLT0591/0845/1405
Award Year: 2020
Type of Finding: Significant deficiency in internal control over compliance and noncompliance.
Criteria: Reporting requirements for the Coronavirus Relief Fund state that the recipient shall provide quarterly financial progress reports for the covered period beginning March 1, 2020 and ending on December 30, 2020. The first report was due no later than September 21, 2020, and the second report was due no later than October 13, 2020.
Condition and Context: During our compliance testing over reporting requirements it was determined that management had not submitted any quarterly reports.
Cause: Lack of internal controls over reporting requirements.
Effect: Failure to follow reporting requirements could result in the loss of federal funding.
Questioned costs: None noted.
Repeat finding: No.
Recommendation: We recommend that management complies with all reporting requirements of the program.
Management Response: Management agrees with this finding, see Corrective Action Plan.