FAC Explorer

Finding 504479 (2023-006)

Significant Deficiency Repeat Finding
Requirement
P
Questioned Costs
-
Year
2023
Accepted
2024-11-01
Audit: 327010
Organization: Launch Alaska (AK)
Auditor: Smart Solutions CPA INC

AI Summary

  • Issue: The Organization missed the deadline to submit the reporting package.
  • Requirement: It should have been submitted within 30 days of receiving the auditor's report or within 9 months after the audit period ended.
  • Follow-up: Ensure timely submission of future reporting packages to avoid compliance issues.

Finding Text

The Organization did not submit the reporting package within the earlier of thirty days after the receipt of the auditor's report, or the nine months after the end of the audit period.

Corrective Action Plan

Management understands the importance of submitting the reporting package within the stipulated time period. This insight will be factored into our ongoing efforts for compliance monitoring and improvement.

Categories

Reporting

Other Findings in this Audit

  • 504475 2023-002
    Significant Deficiency
  • 504476 2023-003
    Significant Deficiency
  • 504477 2023-004
    Significant Deficiency
  • 504478 2023-005
    Significant Deficiency
  • 1080917 2023-002
    Significant Deficiency
  • 1080918 2023-003
    Significant Deficiency
  • 1080919 2023-004
    Significant Deficiency
  • 1080920 2023-005
    Significant Deficiency
  • 1080921 2023-006
    Significant Deficiency Repeat

Programs in Audit

ALN Program Name Expenditures
12.300 Basic and Applied Scientific Research $1.73M
81.010 Office of Technology Transitions (ott)-Technology Deployment, Demonstration and Commercialization $289,793
11.307 Economic Adjustment Assistance $25,401
81.087 Renewable Energy Research and Development $22,251
90.100 Denali Commission Program $13,423