Finding Text
2022-004 Controls Over Reporting Fiscal year finding initially occurred: 2021 Head Start Cluster (93.600) CRITERIA: In accordance with the federal program guidelines, the Organization is required to file the SF-429 Real Property Status Report, SF-429A General Reporting, and the SF-425 Federal Financial Report. The Organization should have internal controls over the preparation and timely submission of these required reports. CONDITION: The Organization did not have adequate internal controls over the preparation and timely submission of the required reports for their major federal program. CAUSE: The Organization has established controls and procedures over reporting; however, the controls are not operating effectively. EFFECT: The Organization?s SF-429 and SF-429A was filed approximately 36 days after the prescribed due date. RECOMMENDATION: The Organization should review their established policies and procedures and ensure that the required federal program reporting is submitted within the prescribed timelines. MANAGEMENT?S CORRECTIVE ACTION PLAN: United Way of Acadiana has initiated finance training in collaboration with Head Start consultants through the Head Start Program. This training partnership has provided UWA with valuable insights into best practices, and we have already begun to benefit from this support. We are committed to expanding our training efforts and refining our policies and procedures to further enhance our capabilities. Our objective is to guarantee punctual and precise submission of all reports, reinforcing our dedication to transparency and accountability.