FAC Explorer

Finding 580357 (2022-001)

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Requirement
L
Questioned Costs
-
Year
2022
Accepted
2023-12-11
Audit: 6165
Organization: Cold Climate Housing Research Center, Inc. (AK)
Auditor: Brad Cage CPA

AI Summary

  • Core Issue: The CCHRC submitted their audit late, exceeding the 9-month deadline set by 2CFR Section 500.512.
  • Impacted Requirements: Timely submission of audits is crucial for compliance with federal regulations.
  • Recommended Follow-Up: Ensure future audits are completed on time, and consider discussing potential solutions with the auditor to avoid delays.

Finding Text

I NOTED THE CCHRC DID NOT SUBMIT THEIR AUDIT WITHIN 9 MONTHS. PER 2CFR SECTION 500.512 THE CCHRC MUST SUBMIT THEIR AUDIT WITHIN 9 MONTHS OF THEIR FISCAL YEAR END. NO QUESTIONED COSTS. MANAGEMENT OF THE ORG AS WELL AS THE AUDITOR AGREED UPON A TIMEFRAME FOR AUDIT FIELDWORK. THE ORG COMPLIED WITH THAT TIME FRAME, AND DUE TO CIRCUMSTANCES OUTSIDE OF THE ORGANIZATIONS CONTROL, TEH AUDITOR DID NOT GET THE AUDIT COMPLETED IN TIME. THE AUDITOR DOES NOT FEEL THAT THE LATE AUDIT WAS DUE TO THE ORGANIZATION AT ALL AND HE ACCEPTS RESPONSIBILITY FOR THE LATE AUDIT.

Categories

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Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
12.630 Basic, Applied, and Advanced Research in Science and Engineering $396,439
47.050 Geosciences $57,961
47.075 Social, Behavioral, and Economic Sciences $52,757
10.674 Wood Utilization Assistance $43,797
81.086 Conservation Research and Development $38,950
14.913 Healthy Homes Production Program $31,731
90.100 Denali Commission Program $23,970
47.078 Polar Programs $1,117