Finding 587086 (2022-001)

Material Weakness
Requirement
P
Questioned Costs
-
Year
2022
Accepted
2024-01-30
Audit: 14322
Organization: World Link INC (IA)

AI Summary

  • Core Issue: The Organization failed to submit the audit and Data Collection Form (DCF) on time for three consecutive years.
  • Impacted Requirements: Internal controls were insufficient to ensure timely completion of audits and DCF submissions, violating federal grant terms.
  • Recommended Follow-Up: Implement stronger internal controls and engage auditors earlier to meet deadlines for future audits and DCF submissions.

Finding Text

Internal Control Over Compliance: Finding 2022-001: Timely Completion of Audit and Data Collection Form (DCF) Condition: A key element of the Organization’s responsibilities under the terms of its federal grant is the timely preparation and completion of the audit process and submission of the data collection form (DCF) to the Federal Audit Clearinghouse timely. The previous two years’ audits were submitted after the deadline, and the 2022 audit was also completed after the due date for the DCF. Criteria: Internal controls should be in place that audit information and support is provided such that the audit can be completed and the DCF filed timely. Cause: The internal control system was not adequately designed to ensure audits were completed timely. Effect: The Organization did not comply with the reporting requirement for submission of the DCF. See finding 2022-002 for related compliance finding. Recommendation: Internal controls should be in place that provide reasonable assurance that the audit is engaged and completed timely and submitted to the Federal Audit Clearinghouse (now FAC.gov) by the applicable deadline (sooner of 30 days from completion of audit or 9 months from year-end). Response: Management of World Link will engage the audit earlier and provide supporting documentation to the auditors based on the agreed-upon schedule for the 2023 audit to facilitate timely completion and submission of the data collection form.

Categories

Reporting Internal Control / Segregation of Duties

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
19.415 Professional and Cultural Exchange Programs - Citizen Exchanges $5,239