FINDING 2024-003 Subrecipient Monitoring (Significant Deficiency)
Federal Program Information: Education Stabilization Fund (ALN 84.425U)
Criteria: 2 CFR 200.303 states that a receipt or subrecipient of federal awards must establish, document, and maintain effective internal co…
FINDING 2024-002 Subrecipient (Noncompliance, Significant Deficiency)
Federal Program Information: Education Stabilization Fund (ALN 84.425U)
Criteria: Per 2 CFR § 200.332, pass-through entities must ensure that every subaward is clearly identified to the subrecipient as a suba…
Source: Federal Audit Clearinghouse single audits (required of organizations expending $1,000,000+ in federal awards per year for fiscal years beginning on or after Oct 1, 2024; $750,000 before).