Finding 480699 (2023-002)

Material Weakness
Requirement
L
Questioned Costs
-
Year
2023
Accepted
2024-08-08

AI Summary

  • Core Issue: The Organization failed to submit required FFATA sub-award reports on time, indicating a material weakness in compliance.
  • Impacted Requirements: Reports for sub-grants over $30,000 must be filed by the end of the month following the award, as mandated by Public Law 109-282.
  • Recommended Follow-Up: Implement stronger controls to ensure timely submission of FFATA reports and utilize the new FFATA policy handbook for compliance.

Finding Text

Assistance Listing Number, Federal Agency, and Program Name – 11.307, U.S. Department of Commerce, Economic Development Cluster Finding Type – Material weakness and material noncompliance with laws and regulations Repeat Finding - No Criteria – According to Public Law 109 Number 109-282, the prime recipient is required to file a Federal Funding Accountability and Transparency Act (FFATA) sub-award report by the end of the month following the month in which the prime recipient awards any sub-grant greater than or equal to $30,000. Condition - The Organization did not have controls in place to ensure required FFATA reports were submitted in the period of time required. Questioned Costs - None Context – The Organization is a prime recipient and had seven subrecipients in the current year. However, the Organization did not submit the required FFATA reports in the period of time required. The following table summarizes the transactions examined and the non-compliance identified: See the Schedule of Findings and Questioned Costs for chart/table Cause and Effect - There was a lack of appropriate controls to ensure the required FFATA reports were submitted and this caused a delay in the submission of the reports. Recommendation - We recommend the Organization implement controls to ensure all of the required reports are submitted. Views of Responsible Officials and Corrective Action Plan - The subrecipient organizations and the amounts of each sub-award were included in the grant application. The subrecipents were listed in the Organization’s Prime award Specific Terms and Conditions. The organization has implemented an FFATA policy handbook to ensure awareness of the filing timing requirements. This handbook has been included in the Organization's Grant Award checklist for all federal grant awards.

Categories

Subrecipient Monitoring Material Weakness

Other Findings in this Audit

  • 480698 2023-002
    Material Weakness
  • 480700 2023-002
    Material Weakness
  • 1057140 2023-002
    Material Weakness
  • 1057141 2023-002
    Material Weakness
  • 1057142 2023-002
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
11.307 Economic Adjustment Assistance $1.53M
11.307 Covid-19 - Economic Adjustment Assistance $155,276
11.024 Build to Scale $111,063