Finding Text
Finding No. 2022 ? 001: Federal Agency: U.S Department of Treasury Federal Program Title: COVID-19 Coronavirus State and Local Fiscal Recovery Funds Federal Assistance Listing Number: 21.027 Award Period: July 1, 2021 through June 30, 2022 Compliance Requirement: Reporting Type of Finding: Significant Deficiency in Internal Controls over Compliance, Other Matters Criteria Semiannual Progress Report is due within 30 days after the reporting period. Condition/Context We tested that the Semiannual Progress Report was filed for the period of July 1, 2021 through June 30, 2022 and found the following exception: o One (1) Semiannual Progress Report (for the period ended June 30, 2022) was not filed timely. Cause Due to a quick acceleration in the Organization's activities under this program, management was in the process of implementing monitoring controls surrounding the timely filing of Project Progress Reports at the time the Semiannual Progress Report for the year ended June 30, 2022 was due. Effect Commonwealth Cornerstone Group and Subsidiaries is not in compliance with the Uniform Guidance compliance requirements. Questioned Costs N/A Recommendations We recommend that Commonwealth Cornerstone Group and Subsidiaries review their process for completing and filing Semiannual Progress Reports. Views of the Responsible Officials and Corrective Action Plan To address the increase in the Organization's activities under this program, the Director of Commonwealth Cornerstone Group will send an email with the grant reporting file and retain the correspondence with Pennsylvania Housing Finance Agency. All subsequent reports have been filed timely by the Director of Commonwealth Cornerstone Group.