FAC Explorer

Finding 501499 (2023-003)

Significant Deficiency
Requirement
L
Questioned Costs
-
Year
2023
Accepted
2024-10-01
Audit: 323567
Organization: Puerto Rico Land Administration (PR)
Auditor: Rsm Puerto Rico

AI Summary

  • Answer: The quarterly Federal Financial Reports (SF-425) for FY ending June 30, 2023, were not submitted.
  • Trend: This indicates a potential pattern of non-compliance with reporting requirements.
  • List: Follow up by ensuring timely submission of future reports and reviewing processes to prevent recurrence.

Finding Text

The required quarterly Federal Financial Reports (SF-425) for the fiscal year ended June 30, 2023, were not submitted.

Corrective Action Plan

In order to comply with the federal requirement, the Administration is standardizing the reporting process and defining the roles and responsibilities associated with these tasks to ensure that the Federal Financial Reports Standard Forms 425 (SF-425) are submitted as required. We expect to be in a position to comply with this requirement by the end of FY 2024-2025.

Categories

Reporting

Other Findings in this Audit

  • 501497 2023-001
    Significant Deficiency
  • 501498 2023-002
    Significant Deficiency
  • 1077939 2023-001
    Significant Deficiency
  • 1077940 2023-002
    Significant Deficiency
  • 1077941 2023-003
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
97.036 Disaster Grants - Public Assistance (presidentially Declared Disasters) $1.54M