Audit 386845

2024-002 Compliance with Reporting Requirements Information on Federal Programs: U.S. Department of Transportation State and Community Highway Safety, federal assistance listing number 20.600. U.S. Department of Transportation National Priority Safety Programs, federal assistance listing number 20.616. U.S. Department of Health and Human Services Detection and Mitigation of COVID-19 in Confinement Facilities, federal assistance listing number 93.323. Criteria: 2 VFR section 200.512(a) requires the reporting package and data collection form to be submitted to the Federal Audit Clearing House the earlier of 30 calendar days after the reports are received from the auditor or 9 months after the end of the reporting period. Therefore, the December 31, 2024 reporting package deadline was September 30, 2025. Statement of Condition: The Single Audit was not filed within 9 months after year-end as required by the Federal Audit Clearing House. Statement of Cause: Difficulties were encountered in performing and completing the audit process, which caused delays in preparing accurate financial data. As a result, the December 31, 2024 audit was not issued until December 21, 2025. Statement of Effect: The Association was not in compliance with federal guidelines. Questioned Cost: None Repeat Finding: Yes Recommendation: We recommend management review policies and procedures to ensure timely and accurate information is available in order to complete the audit process timely. Views of the Responsible Officials and Planned Corrective Actions: Modified internal procedures and performance of reconciliations, as well as complete entry posting will make future audits more effective and efficient, allowing for the timely submission to the Federal Audit Clearing House.