Finding Text
Condition: For the year ended September 30, 2022, Spartanburg Regional Healthcare System Foundation did not complete their reporting requirements for subawards under the Federal Funding Accountability and Transparency Act (?FFATA?) in a timely manner. Transaction Tested Subaward not reported Report not timely Subaward amount incorrect Subaward missing key elements 2 0 2 0 0 Dollar Amount of Tested Transactions Subaward not reported Report not timely Subaward amount incorrect Subaward missing key elements $124,355 $0 $124,355 $0 $0 Criteria: Under the requirements of the Federal Funding Accountability and Transparency Act, recipients (i.e., direct recipients) of grants or cooperative agreements are required to report first-tier subawards of $30,000 or more to the Federal Funding Accountability and Transparency Act Subaward Reporting System (?FSRS?). Effect: Noncompliance with this requirement could jeopardize future federal funding. Questioned Costs: $0 Cause: Spartanburg Regional Healthcare System Foundation was unaware of the reporting requirements to report these items timely. Auditor?s recommendation: Spartanburg Regional Healthcare System Foundation should develop a control system to ensure that future subawards are entered timely into the FSRS.