Finding 598550 (2022-005)

Significant Deficiency
Requirement
B
Questioned Costs
-
Year
2022
Accepted
2023-08-22
Audit: 23437
Organization: Theatre for Children, Inc. (CA)

AI Summary

  • Core Issue: The Organization lacks necessary written policies and procedures for advance payments, allowable costs, and conflict of interest.
  • Impacted Requirements: This absence violates the Uniform Guidance requirements outlined in 2 CFR 200, Subparts D and E.
  • Recommended Follow-Up: Create and implement the required written policies before the next audit under the Uniform Guidance.

Finding Text

Finding 2022-005: Written Policies and Procedures Assistance Listing Number and Title: 59.075 Shuttered Venue Operators Grant Program Federal Agency: Small Business Administration Federal Award Number: SBAHQ21SV004136 Grant Period: 7/12/2021 through 6/30/2022 Criteria Non-federal entities are required to have written policies, procedures, and standards of conduct in compliance with the requirement of the Uniform Guidance. Condition The Organization does not have written policies for advance payment/reimbursements, allowable costs, and conflict of interest, etc., as required by 2 CFR 200, Subparts D and E. Cause There were not staff resources available to document the appropriate policies and procedures. Effect Staff could be unclear of federal contract requirements without documented policies and procedures. Context The fiscal year ended June 30, 2022 was the first year the Organization was required to have an audit conducted under the rules of the Uniform Guidance. Recommendation Develop the applicable written policies before an audit under the Uniform Guidance is conducted.

Categories

Cash Management Procurement, Suspension & Debarment Allowable Costs / Cost Principles Matching / Level of Effort / Earmarking

Other Findings in this Audit

  • 22104 2022-001
    Material Weakness
  • 22105 2022-002
    Significant Deficiency
  • 22106 2022-003
    Significant Deficiency
  • 22107 2022-004
    Significant Deficiency
  • 22108 2022-005
    Significant Deficiency
  • 598546 2022-001
    Material Weakness
  • 598547 2022-002
    Significant Deficiency
  • 598548 2022-003
    Significant Deficiency
  • 598549 2022-004
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
59.075 Shuttered Venue Operators Grant Program $1.60M
59.008 Disaster Assistance Loans $513,115