Finding 513048 (2023-003)

Significant Deficiency
Requirement
L
Questioned Costs
-
Year
2023
Accepted
2024-12-04

AI Summary

  • Core Issue: The Association missed the deadline for submitting the audit report and data collection form to the Federal Audit Clearinghouse.
  • Impacted Requirements: This noncompliance violates 2 CFR 200.512, which mandates timely submission of audit materials.
  • Recommended Follow-Up: Implement controls to ensure audits are completed on time and submissions meet required deadlines.

Finding Text

Finding 2023-003 Deadline for Federal Single Audit – Reporting - Noncompliance and Significant Deficiency in Internal Control Over Compliance Agency Department of Homeland Security, Federal Emergency Management Agency (FEMA) Assistance Listing Numbers (ALN) 97.036 Program Name Disaster Grants – Public Assistance (Presidentially Declared Disasters) Award Year 2022 Pass-Through Agency State of Alaska Department of Military and Veterans Affairs Pass-Through Entity Identifying Number PW0005 Criteria or Specific Requirement 2 CFR 200.512, Report Submission, establishes that the audit must be completed and the data collection form and reporting package submitted to the Federal Audit Clearinghouse (FAC) within the earlier of 30 days after receipt of the auditor's report or 9 months after the end of the audit period. Condition The Association did not comply with the required submission date of the data collection form and reporting package to the FAC for the fiscal year ended June 30, 2023. Cause The Association did not have controls in place to ensure the audit was completed timely so that the reporting package could be submitted to the FAC within the required timeframe. Effect or Potential Effect The Association is not compliant with 2 CFR 200.512. The Association could be exposed to a reduction or elimination of funds by the Federal awarding agencies. Questioned costs Not applicable. Context This is a condition identified per review of the Association's compliance with the specified requirements. Identification as a repeat finding No Recommendation We recommend the Association establish controls to ensure the audit is completed timely and the reporting package is submitted to the FAC within the required timeframe. Views of responsible officials Management agrees with the finding and plans to establish processes and procedures to ensure the audit is completed timely and the reporting package is submitted within the required timeframe.

Corrective Action Plan

Finding 2023-003 Deadline for Federal Single Audit – Reporting - Noncompliance and Significant Deficiency in Internal Control Over Compliance Name of Contact Person: Sarah J. Villalon, CFO Planned Corrective Action: Management agrees with the finding and plans to establish processes and procedures to ensure the audit is completed timely and the reporting package is submitted within the required timeframe. Anticipated Completion Date: March 31, 2025

Categories

Subrecipient Monitoring Reporting Significant Deficiency Internal Control / Segregation of Duties

Other Findings in this Audit

  • 513047 2023-002
    Significant Deficiency
  • 1089489 2023-002
    Significant Deficiency
  • 1089490 2023-003
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
97.036 Disaster Grants - Public Assistance (presidentially Declared Disasters) $1.63M
12.600 Community Investment $9,611