Finding Text
MATERIAL WEAKNESS Finding 2022-01: Submission of complete report to Federal Audit Clearinghouse Criteria: In accordance with requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance), Park City Performances d/b/a Egyptian Theatre Company must submit information to the Federal Audit Clearinghouse. Condition: The SEFA was missing some required information and the report and related information was not submitted for fiscal 2021. Cause: 2021 was the first year Park City Performances d/b/a Egyptian Theatre Company received such federal funding and management was not familiar with the submission requirements. Questioned Cost: None. Recommendation: Management should correct the completeness of required reporting information and submit the report and other required information as soon as possible.