Finding Text
Finding 2022-003 Criteria and Condition: Per part 4 of the compliance supplement and grant agreement with Block Grants for Prevention and Treatment of Substance Abuse, reporting compliance was required. The Extension, Inc. was required to submit audit or financial statements within 180 days after the close of the fiscal year to the grantor. Context: Reporting compliance requirements were not met. The audit or financial statements were due to the grantor on December 27th, 2021. Cause: The Extension, Inc. did not submit audit or financial statements within 180 days after the close of the fiscal year. The audit was submitted January 4th, 2022. Effect: The failure to submit the audit or financial statements within 180 days after the close of the fiscal year resulted in The Extension, Inc. to not be considered a low risk client this year. Recommendation: We recommend management reviews all grant agreements for compliance requirements in future periods. Views of Responsible Officials and Planned Corrective Actions: Management agrees to the recommendation and will meet all reporting requirements with grant agreements going forward.