Finding 635763 (2022-005)

Significant Deficiency
Requirement
AB
Questioned Costs
-
Year
2022
Accepted
2022-11-02
Audit: 50356
Organization: Arizona Theatre Company (AZ)

AI Summary

  • Answer: The Organization lacks required written policies for procurement and financial management.
  • Trend: This is the first year receiving Federal funding, leading to insufficient documentation due to limited staff resources.
  • List: To address this, the Organization should prioritize creating and implementing written policies to clarify Federal contract requirements for employees.

Finding Text

Criteria: Non-Federal entities are required to have written policies, procedures, and standards of conduct. Condition/Context: The Organization does not have written policies for procurement, allowable costs, payment management, etc. as required by 2 CFR 200, Subparts D and E. Cause: This is the first year the Organization has received any Federal funding, and did not have the staff resources to document their policies and procedures in writing. Effect: Employees could be unclear of Federal contract requirements without documented policies and procedures.

Categories

Procurement, Suspension & Debarment Allowable Costs / Cost Principles Matching / Level of Effort / Earmarking

Other Findings in this Audit

  • 59319 2022-003
    Significant Deficiency
  • 59320 2022-004
    Significant Deficiency
  • 59321 2022-005
    Significant Deficiency
  • 635761 2022-003
    Significant Deficiency
  • 635762 2022-004
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
59.075 Shuttered Venue Operators Grant Program $2.21M