Finding 611167 (2022-002)

- Repeat Finding
Requirement
L
Questioned Costs
-
Year
2022
Accepted
2023-06-20

AI Summary

  • Core Issue: The Organization submitted inaccurate Federal Financial Reports (FFRs) with material misstatements.
  • Impacted Requirements: FFRs must be accurate, complete, and consistent with accounting records before submission to the NEH.
  • Recommended Follow-Up: Implement measures to ensure future FFRs are correct and align with financial records.

Finding Text

Finding Number: 2022-002 This finding is: New X Repeat from Prior Year? Year originally reported? 2021 Federal Program Name: Promotion of the Humanities Federal/State Partnership Project Numbers: SO-263616-19, SO-283106-22 Assistance Listing Number: 45.129 Passed Through: N/A Federal Agency: National Endowment for the Humanities Criteria Reporting - A final performance report and a final Federal Financial Report, SF 425 (FFR), shall be submitted to the NEH Office of Grant Management. Before submitting an FFR, the recipient must ensure that the information submitted is accurate, complete, and consistent with their accounting records. Condition During our testing, we identified material misstatements in the amounts reported by the Organization in the FFRs. Questioned Costs None Context The FFRs reported incorrect amounts for federal funds authorized, unobligated balance of federal funds, and/or recipient share of expenditures. The current year expenditures reported by the Organization were correct. As a result, the material misstatements identified did not have any effect on the amounts reported in the SEFA or the financial statements. Effect Inaccurate financial data was reported to the federal awarding agency due to the FFRs being incorrect. Cause This finding was due to an oversight by the Organization?s management and accounting department. Recommendation The Organization should ensure that the FFRs submitted are accurate, complete, and consistent with their accounting records. Management Response Management concurs with this finding. See corrective action plan.

Categories

Reporting

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
45.129 Promotion of the Humanities_federal/state Partnership $903,676
45.024 Promotion of the Arts_grants to Organizations and Individuals $24,919