Federal Register / Vol. 60, No. 100 / Wednesday, May 24, 1995 / Notices 27567

adequate accounting and financial

reporting system. The criteria contained

in the Fundamental Criteria should be

considered in an auditor’s assessment of

the recipient’s internal control structure.

The Fundamental Criteria is in addition

to, rather than a substitute for, standard

internal control checklists, and does not

preclude the exercise of appropriate

auditor’s judgement in assessing

internal controls.

II–3. Assessing Compliance With Laws

and Regulations

The requirements set out in the

Compliance Supplement (Appendix C)

are those that could have a material

impact on an organization’s financial

statements. Accordingly, examination of

these compliance requirements are to be

included as part of the audit.

The Compliance Supplement

specifies the objectives and provides

suggested procedures to be considered

in the auditor’s assessment of a

recipient’s compliance with laws and

regulations. The suggested procedures

can be used to test for compliance with

laws and regulations, as well as to

evaluate the related controls. Auditors

should use professional judgement to

decide which procedures to apply, and

the extent to which reviews and tests

should be performed. Some procedures

require a review and evaluation of

internal controls. If the reviews and

evaluations were performed as part of

the internal control structure review,

audit procedures can be modified to

avoid duplication. Auditors should also

refer to the grant agreements for

additional requirements.

In certain cases non-compliance may

result in questioned costs. Auditors are

to ensure that sufficient information is

obtained to support the amounts

questioned. Working papers should

adequately document the basis for any

questioned costs and the amounts

reported.

II–4. Audit Follow-up

Consistent with GAS paragraph 4.10,

the auditor is required to follow-up on

known material findings and

recommendations from previous audits

that could affect the financial statement

audit. The objective is to determine

whether timely and appropriate

corrective action has been taken.

Auditors are required to report the

status of uncorrected material findings

and recommendations from prior audits.

In addition, these requirements are also

applicable to findings and

recommendations issued in a

management letter.

III. Audit Reporting Requirements

III–1. Audit Reports

The IPAs are to issue the reports

called for in Paragraph II–1(C) and

should follow the requirements of GAS

and Statement on Auditing Standards

(SAS) 74 (and any revisions thereto) for

the content and format of the reports.

III–2. Views of Responsible Officials

Consistent with GAS paragraph 7.38,

auditors should report the views of

responsible program officials

concerning the auditors’ findings,

conclusions, and recommendations, as

well as corrections planned.

III–3. Report Distribution

Four copies of the audit reports are to

be submitted to the LSC OIG within

ninety days of the recipient’s year end.

Under extenuating circumstances, an

extension of the ninety-day requirement

may be granted. Requests for extensions

should be in writing, and directed to the

Chief for Audits of the OIG.

IV. Reference Materials

A. Title X—Legal Services Corporation

Act of 1974, 42 USC 2996; Pub. L.

93–355, amended by Pub. L. 95–222

and 98–166.

B. 45 CFR Part 1600, et seq.

C. Government Auditing Standards,

issued by the Comptroller General

of the United States, 1994 Revision.

D. OMB Circular A–133, Audits of

Institutions of Higher Education

and Other Non-Profit Institutions.

E. AICPA Professional Standards,

Volume I.

F. AICPA Integrated Practice System,

Not-For-Profit Organizations Audit

Manual.

G. Practitioners Publishing Company

Guide to Audits of Nonprofit

Organizations, Seventh Edition

(June 1994).

H. AICPA Statement of Position (SOP)

92–9, Audits of Not-for-Profit

Organizations Receiving Federal

Awards, December 28, 1992.

I. Pursuant to LSC Regulations, 45 CFR

1630.4(g):

The Circulars of the Office of

Management and Budget shall

provide guidance for all allowable

cost questions arising under this

part when relevant policies or

criteria therein are not inconsistent

with the provisions of the Act,

applicable appropriations acts, this

part, the Audit and Accounting

Guide for Recipients and Auditors,

and Corporation rules, regulations,

guidelines, and instructions.

Among the OMB Circulars which

might be referred to if LSC policies are

not dispositive:

1. Office of Management and Budget

(OMB) Circular A–50 (Revised), Audit

Follow-up.

2. OMB Circular A–110, Uniform

Administrative Requirements for

Grants and Agreements with

Institutions of Higher Education,

Hospitals, and Other Nonprofit

Organizations.

3. OMB Circular A–122, Cost Principles

for Nonprofit Organizations.

4. OMB Circular A–123, Internal Control

Systems.

5. OMB Circular A–127, Financial

Management Systems.

Dated: May 19, 1995.

Victor M. Fortuno,

General Counsel.

[FR Doc. 95–12764 Filed 5–23–95; 8:45 am]

BILLING CODE 7050–01–P

NATIONAL FOUNDATION FOR THE

ARTS AND THE HUMANITIES

Media Arts Advisory Panel; Meeting

Pursuant to Section 10(a)(2) of the

Federal Advisory Committee Act (Public

Law 92–463), as amended, notice is

hereby given that a meeting of the

Advisory Panel (Arts on Radio Section)

to the National Council on the Arts will

be held on June 6, 1995 from 9 a.m. to

6:30 p.m. on June 6, 1995. This meeting

will be held in Room 716 at the Nancy

Hanks Center, 1100 Pennsylvania

Avenue, NW., Washington, DC 20506.

Portions of this meeting will be open

to the public from 9 a.m. to 9:15 a.m. for

introductory remarks and from 5:30

p.m. to 6:30 p.m. for a guideline and

policy discussion.

The remaining portion of this

meeting, from 9:15 a.m. to 5:30 p.m. is

for the purpose of Panel review,

discussion, evaluation, and

recommendation on applications for

financial assistance under the National

Foundation on the Arts and the

Humanities Act of 1965, as amended,

including information given in

confidence to the agency by grant

applicants. In accordance with the

determination of the Chairman of

February 8, 1994 this session will be

closed to the public pursuant to

subsection (c) (4), (6) and (9)(B) of

section 552b of Title 5, United States

Code.

Any person may observe meetings, or

portions thereof, of advisory panels

which are open to the public, and may

be permitted to participate in the

panel’s discussions at the discretion of

the panel chairman and with the

approval of the full-time Federal

employee in attendance.
27568 Federal Register / Vol. 60, No. 100 / Wednesday, May 24, 1995 / Notices

If you need special accommodations

due to a disability, please contact the

Office of Special Constituencies,

National Endowment for the Arts, 1100

Pennsylvania Avenue, NW.,

Washington, DC 20506, 202/682–5532,

TYY 202/682–5496, at least seven (7)

days prior to the meeting.

Further information with reference to

this meeting can be obtained from Ms.

Yvonne Sabine, Committee Management

Officer, National Endowment for the

Arts, Washington, DC 20506, or call

202/682–5433.

Dated: May 19, 1995.

Yvonne M. Sabine,

Director, Office of Council and Panel

Operations, National Endowment for the Arts.

[FR Doc. 95–12797 Filed 5–22–95; 8:45 am]

BILLING CODE 7537–01–M

Theater Advisory Panel; Meeting

Pursuant to section 10(a)(2) of the

Federal Advisory Committee Act (Public

Law 92–463), as amended, notice is

hereby given that a meeting of the

Theater Advisory Panel (Services to the

Field Section) to the National Council

on the Arts will be held on June 8, 1995

from 9:30 a.m. to 4 p.m. This meeting

will be held in Room 730, at the Nancy

Hanks Center, 1100 Pennsylvania

Avenue, NW., Washington, DC 20506.

A portion of this meeting will be open

to the public from 9:30 a.m. to 10 a.m.

for introductory remarks and a

discussion of review criteria.

The remaining portion of this meeting

from 10 a.m. to 4 p.m. is for the purpose

of panel review, discussion, evaluation,

and recommendation on applications

for financial assistance under the

National Foundation on the Arts and the

Humanities Act of 1965, as amended,

including information given in

confidence to the agency by grant

applicants. In accordance with the

determination of the Chairman of

February 8, 1994, this session will be

closed to the public pursuant to

subsection (c)(4), (6) and 9(B) of section

552b of Title 5, United States Code.

Any person may observe meetings, or

portions thereof, of advisory panels

which are open to the public, and may

be permitted to participate in the

panel’s discussions at the discretion of

the panel chairman and with the

approval of the full-time Federal

employee in attendance.

If you need special accommodations

due to a disability, please contact the

Office of Special Constituencies,

National Endowment for the Arts, 1100

Pennsylvania Avenue, NW.,

Washington, DC 20506, 202/682–5532,

TYY 202/682–5496, at least seven (7)

days prior to the meeting.

Further information with reference to

this meeting can be obtained from Ms.

Yvonne Sabine, Committee Management

Officer, National Endowment for the

Arts, Washington, DC 20506, or call

202/682–5433.

Dated: May 19, 1995.

Yvonne M. Sabine,

Director, Office of Council and Panel

Operations, National Endowment for the Arts.

[FR Doc. 95–12798 Filed 5–22–95; 8:45 am]

BILLING CODE 7537–01–M

NATIONAL SCIENCE FOUNDATION

Privacy Act of 1974: New System of

Records

AGENCY: National Science Foundation.

ACTION: Notice of new system of records

and routine uses.

SUMMARY: Pursuant to the Privacy Act of

1974 (5 U.S.C. 552a), the National

Science Foundation is providing notice

of a new system of records—NSF–59,

‘‘Science and Technology (STC)

Database.’’

This system is established and

maintained by NSF. The records are to

be used to help evaluate the Science and

Technology Centers’ achievements of

program goals, such as diversity of

participants and enhancements of skills.

Evaluation will include followup

surveys of Center participants.

EFFECTIVE DATE: Sections 552a(e) (4) and

(11) of Title 5 of the U.S. Code requires

that the public have thirty days to

comment on the routine uses of systems

of records. The new routine uses that

are the subject of this notice will take

effect thirty days from date of this

publication, unless modified by a

subsequent notice to incorporate

comments received from the public.

ADDRESSES: Written comments should

be submitted to the NSF Privacy Act

Officer, National Science Foundation,

Division of Contracts, Policy and

Oversight, 4201 Wilson Boulevard,

room 485, Arlington, Virginia 22230.

Dated: May 18, 1995.

Herman G. Fleming,

NSF Privacy Act Officer.

NSF–59

SYSTEM NAME:

Science and Technology Centers

(STC) Database.

SYSTEM LOCATION:

Office of Science and Technology

Infrastructure, National Science

Foundation, 4201 Wilson Boulevard,

Arlington, VA 22230.

CATEGORIES OF INDIVIDUALS COVERED BY THE

SYSTEM:

Individuals participating in NSF

funded Science and Technology Center

activities.

CATEGORIES OF RECORDS IN THE SYSTEM:

Records include the names, SSNs,

areas of research, race, ethnicity,

genders, and other related information.

They may also include the results of

followup surveys of Center participants.

The records will be used to help

evaluate the Centers’ achievement of

program goals, such as diversity of

participants and enhancement of skills.

Evaluation will include followup

surveys of Center participants. The

results of the evaluations will be

statistical and will not identify

individual participants.

ROUTINE USES OF RECORDS MAINTAINED IN THE

SYSTEM, INCLUDING CATEGORIES OF USERS AND

THE PURPOSES OF SUCH USES:

Information from the system may be

given to contractors and other

individuals who perform a service to or

work under a contract, cooperative

agreement or other arrangement for the

Federal government.

POLICIES AND PRACTICES FOR STORING,

RETRIEVING, ACCESSING, RETAINING, AND

DISPOSING OF RECORDS IN THE SYSTEM:

STORAGE:

All original materials are kept at NSF.

RETRIEVABILITY:

By Center and then alphabetically by

individual.

SAFEGUARDS:

Building is locked during nonbusiness hours. Records at NSF are kept

in rooms that are locked during nonbusiness hours. Records maintained by

NSF contractors are kept in similar

rooms and some records are locked in

cabinets. Records maintained in

electronic forms are accessible only to

those employees within the Office of

Science and Technology Infrastructure.

RETENTION AND DISPOSAL:

A records retention schedule has not

yet been approved.

SYSTEM MANAGER(S) AND ADDRESS:

Associate Director, Office of Science

and Technology Infrastructure, National

Science Foundation, 4201 Wilson

Boulevard, Arlington, VA 22230.

NOTIFICATION PROCEDURE:

The NSF Privacy Act Officer should

be contacted in accordance with

procedures found at 45 CFR part 613.