Finding 611955 (2022-001)

Significant Deficiency Repeat Finding
Requirement
L
Questioned Costs
-
Year
2022
Accepted
2023-03-30
Audit: 26810
Organization: Invisible Children, Inc. (DC)

AI Summary

  • Core Issue: The Organization failed to register subawards over $30,000 in the required Federal system.
  • Impacted Requirements: Compliance with 2 CFR Part 170 regarding subaward reporting is not being met.
  • Recommended Follow-up: Update financial policies to ensure timely registration of all applicable subawards in the Federal system.

Finding Text

Finding 2022-001: Federal Funding Accountability and Transparency Act Subaward Reporting Information of the Federal Program: CFDA 98.001 Criteria: As noted in 2 CFR Part 170, recipients (i.e., direct recipients) of grants or cooperative agreements who make first tier subawards of $30,000 or more are required to register in the Federal Funding Accountability and Transparency Act Subaward Reporting System (FSRS) and report subaward data through FSRS. Condition: The Organization did not register its subawards in the Federal Funding Accountability and Transparency Act Subaward Reporting System. Cause: The Organization did not update its financial and accounting policies, and as a result did not adhere to the guidance. Effect or Potential Effect: The Organization could inadvertently fail to ensure that subrecipients are in compliance with Federal award agency regulations. Questioned Costs: None noted Context: The Organization did not register their subawards in excess of $30,000 with the Federal Funding Accountability and Transparency Act Subaward Reporting System. Identification as a Repeat Finding, if Applicable: 2021-001 Recommendation: We recommend that the Organization update its policies and procedures to ensure all first tier subawards in excess of $30,000 are accurately and timely registered with the Federal Funding Accountability and Transparency Act Subaward Reporting System. In addition, the Organization should ensure any subawards are reported within the required time-frame.

Categories

Subrecipient Monitoring Reporting

Other Findings in this Audit

  • 35513 2022-001
    Significant Deficiency Repeat
  • 35514 2022-001
    Significant Deficiency Repeat
  • 611956 2022-001
    Significant Deficiency Repeat

Programs in Audit

ALN Program Name Expenditures
98.001 Usaid Foreign Assistance for Programs Overseas $1.30M
19.345 International Programs to Support Democracy, Human Rights and Labor $314,547