Finding 578603 (2022-001)

Significant Deficiency
Requirement
L
Questioned Costs
-
Year
2022
Accepted
2023-11-20
Audit: 3729
Organization: Biostl (MO)
Auditor: Rubinbrown LLP

AI Summary

  • Core Issue: The Organization missed the deadline for submitting a required Progress Report, which is a compliance requirement of the federal award.
  • Impacted Requirements: The failure to submit the report on time violates the agreement terms set by the U.S. Department of Commerce.
  • Recommended Follow-Up: Management should enhance internal controls for report reviews to ensure timely submissions in the future.

Finding Text

Finding 2022-001 Significant Deficiency: Reporting - Compliance and Control Finding ALN 11.307 – Economic Development Cluster Federal Agency: U.S. Department of Commerce Pass-Through Entity: N/A - Direct Award Criteria Or Specific Requirement: The agreement for the federal award requiresseveral reports be submitted, including a Progress Report that is due within 30 days of the report period end. Condition: The Organization did not submit the required Progress Report by the required due date. Cause: The Organization’s internal control in place (review of reports by a supervisory employee) failed to ensure that the Progress Report was submitted by the applicable deadline. Effect: The Progress Report was not submitted by the applicable deadline. Context: Of the six reports selected for testing, one report was not submitted by the applicable deadline. The report was submitted 7 days after the deadline. Questioned Costs: None. Identification As A Repeat Finding: Not applicable. Recommendation: We recommend that management evaluate their existing internal control for the review of reports, and consider enhancing it to ensure that all reports are submitted by applicable deadlines. Views Of Responsible Officials: With the subsequent establishment of the dedicated Grants Coordinator position, improved controls came into place: 1) dual supervisory review of reports between the direct supervisor of the Grants Coordinator position and the legacy supervisory role of the Senior Vice President Programs; 2) a clearer timeline of reporting was established with project management systems and document repositories with additional reminders in place to ensure adequate notice is provided to individuals responsible for providing information; and 3) there is a structured follow-up process, at periodic intervals, for report review to ensure deadlines are met.

Categories

Subrecipient Monitoring Reporting Significant Deficiency Internal Control / Segregation of Duties

Other Findings in this Audit

  • 2161 2022-001
    Significant Deficiency
  • 2162 2022-002
    Significant Deficiency
  • 2163 2022-002
    Significant Deficiency
  • 578604 2022-002
    Significant Deficiency
  • 578605 2022-002
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
11.307 Economic Adjustment Assistance $609,222
11.020 Economic Development Administration - Center for Defensive Medicine $417,982
11.024 Build to Scale $79,215
11.020 Economic Development Administration $70,625