Finding Text
FINDING 2022-003 ? LATE GRANT REPORTING AND LIMITED CONTROLS OVER TIMELY REPORTING Criteria ? The U.S. Department of Transportation is the grantor in the major program tested, and requires that certain quarterly and annual financial reports and narrative progress reports must be submitted no later than thirty calendar days after the end of each reporting quarter, September 30, December 31, March 31, and June 30. Condition ? We inspected two of the four quarterly reports submitted for the major program and found that both of them (for quarters ended March 31, 2022 and June 30, 2022) were submitted late. Questioned Costs ? None Effect ? Delayed reporting affects the grantor?s ability to exercise effective grantee oversight and could result in grantor's withholding of payments and other adverse actions. Cause ? Changes in personnel during the period. Recommendation ? We recommend that the Center strengthen its internal controls over reporting to ensure timely submission of all future reports. Views of Responsible Officials ? We agree with the auditors? finding and the accompanying recommendation that the Center design and implement internal control procedures to ensure the timely submission of all future reports.