Finding Text
Economic Adjustment Assistance ? 11.307 ? Reporting Criteria Federal reporting requirements require all reports to be completed accurately. Condition A few errors were noted on two reports submitted for this grant. Cause The Organization did not have sufficient procedures in place to ensure that the reports were completed accurately. Effect Two reports were completed inaccurately, resulting in noncompliance with reporting requirements. Questioned Costs None Context Eleven reports were selected for testing. Only two reports tested ? ED-209 and ED-917 contained errors. With the ED-209 report, the Organization had a keying error where one loan issued was entered as $140,000 instead of $1,400,000, resulting in the understatement of Total Dollars Leveraged line item. With the ED-917 report, the reporting period was for July 2021 to June 2022, but loans from June 2021 were included in the report due to spreadsheet formula errors. The Organization contacted their Grantor and was able to correct the report and resubmit. Repeat Finding No Recommendation The Organization should implement procedures to ensure that reports are completed accurately and the person reviewing the report should compare information reported to the supporting documentation. Views of Responsible Officials and Planned Corrective Actions The Organization agrees with the recommendation and will implement immediately.