Finding Text
Finding 2024-003: Reportable Finding Considered a Significant Deficiency – FFATA Reporting Compliance
Program Name: NSF Technology, Innovation, and Partnerships Assistance Listing #: 47.084 Program Year: 2024
Federal Awarding Agency: National Science Foundation
Compliance Requirement: Reporting
Criteria: In accordance with 2 CFR 170.200 and 2 CFR Part 170 Appendix A, prime recipients of federal grants that make first-tier subawards of $30,000 or more must report subaward data through the FFATA Subaward Reporting System (FSRS) by the end of the month following the month in which the subaward obligation was made.
Condition: During our audit, we selected 6 first-tier sub awards for testing. One subaward was for $30,000 and it was determined that it had not been reported in the FSRS.
Cause: The Organization was unaware of the FFATA reporting requirements and lacked internal policies and procedures to ensure timely and accurate reporting of subawards.
Effect: Failure to comply with FFATA reporting requirements may result in noncompliance with federal grant terms and could impact future federal funding eligibility.
Questioned Costs: None.
Repeat finding: This is not a repeat finding.
Recommendation: We recommend that the Organization establish formal procedures to identify and track subaward obligations that meet the FFATA reporting threshold. Designated personnel should be trained on the reporting requirements, and reporting deadlines should be incorporated into the grants management calendar. Additionally, management should review FFATA reporting status monthly to ensure ongoing compliance.
Views of Responsible Officials and Planned Corrective Action (unaudited): See Corrective Action Plan.