Finding Text
2022-001 National Endowment for the Arts Promotion of the Arts Grants to Organizations and Individuals ? 45.024 Award Number - 1891454-22-C-21 Criteria or Specific Requirement ? Reporting The Federal Funding Accountability and Transparency Act (FFATA) was signed on September 26, 2006. The FFATA legislation requires information on federal awards to be made available to the public via a single searchable website. The FFATA Subaward Reporting System (FSRS) is the reporting tool Federal prime awardees (i.e., prime contractors and prime grants recipients) use to capture and report subaward and executive compensation data regarding their first-tier subawards to meet the FFATA reporting requirements. Condition ? M-AAA has awarded grants to subrecipients that are required to be reported in the FSRS system. Questioned Costs ? None noted. Context ? M-AAA executed nine subawards in fiscal year 2022 that would require FFATA reporting. During our test work, we selected one award for testing and noted that M-AAA did not complete the reporting requirement timely. The sample was not intended to be, and was not a statistically valid sample. Effect ? M-AAA did not comply with the FFATA reporting requirement. Cause ? Lack of controls to ensure that reporting requirements are met. Identification as a Repeat Finding ? Not applicable. Recommendation ? We recommend M-AAA report the required information within the FSRS system. Views of Responsible Officials and Planned Corrective Actions ? M-AAA will implement procedures to ensure timely and accurate FSRS reporting.