Finding 635731 (2022-002)

Significant Deficiency
Requirement
L
Questioned Costs
-
Year
2022
Accepted
2023-03-30

AI Summary

  • Core Issue: The Foundation failed to provide proof of timely report submissions and approvals for the Federal Program 93.368.
  • Impacted Requirements: Monthly financial and programmatic reports must be submitted within 30 days as per the grant agreement.
  • Recommended Follow-up: Save all emails with report submissions and establish a formal approval process for reports before sending.

Finding Text

Finding 2022-002: Reporting Information on the Federal Program: 93.368 Criteria: National Institutes of Health requires that the Foundation submit monthly financial and programmatic reports in accordance with the grant agreement. Reports are due within 30 days of the end of the reporting period. Condition: We noted during our audit that the Foundation was unable to provide support to verify the submission dates of the reports selected for testing. The Foundation was also unable to provide evidence that the sampled reports were approved. Cause: Based on our discussions with management, reports are submitted to the grant officer by the Executive Director through email, and the email date is the evidence of the submission date and approval. Based on our understanding, there was a technical issue with the Executive Director's email during the year, and as a result, certain emails were lost or deleted and are unable to be located. As copies of these emails were not saved at the time they were sent, there is no way to obtain the email or validate compliance with the terms in the grant agreement. Effect: It is possible that the Foundation did not submit the required reports to the Grant Officer or the reports were not submitted in a timely manner. In both instances, non-compliance with the provisions in the award agreement could impact future funding. Questioned Costs: None Context: Our audit procedures consisted of testwork performed over a sample of reports required to be submitted during the year under audit. We consider our sample to be representative of the population. The issue appears to be systematic in nature. Recommendation: We recommend that all emails sent to the grant officer that contain monthly reports should be saved and filed at the time sent. This practice will ensure that documentation for all submission dates are readily available. Additionally, we recommend that the Foundation implement a formal approval policy over the reports to ensure that all reports go through a proper review prior to submission.

Categories

Reporting Special Tests & Provisions

Other Findings in this Audit

  • 59289 2022-002
    Significant Deficiency
  • 59290 2022-003
    Significant Deficiency Repeat
  • 635732 2022-003
    Significant Deficiency Repeat

Programs in Audit

ALN Program Name Expenditures
93.368 21st Century Cures Act - Precision Medicine Initiative $1.01M