Finding 48173 (2022-001)

Finding 2022-001 ? Federal Funding Accountability and Transparency Act Reporting Federal Program Information: Charter School Grant - ALN 84.282A Type of Finding: Compliance finding (Reporting) and Internal Control Over Compliance - Significant Deficiency Criteria or Specific Requirement: 2 CFR Chapter 1, Part 170 requires prime awardees awarded a federal grant to file a Federal Funding Accountability and Transparency Act sub-award report by the end of the month following the month in which the prime awardee awards any sub-grant equal to or greater than $30,000. Condition: The Organization did not report eight subrecipient payments as required by the Federal Funding Accountability and Transparency Act. Cause: The Organization was unaware that they were to report the subrecipient payments. Effect: The Organization?s reporting was not in compliance with the Federal Funding Accountability and Transparency Act. Questioned Costs: Not applicable Context: This finding is limited to reporting under the Federal Funding Accountability and Transparency Act. Repeat Finding in the Prior Audit: This is not a repeat finding. Recommendation: We recommend that the Organization establish policies and procedures to ensure timely review of subrecipient reporting under the Federal Funding Accountability and Transparency Act.