Audit 396360

Criteria or Specific Requirement: 2 CFR Section 200.512(a) requires the reporting package and data collection form to be submitted to the Federal Audit Clearinghouse the earlier of 30 calender days after the reports are received from the auditors or nine months after the end of the audit period. Condition: The fiscal year audit package for the year ended June 30, 2023 is being submitted after the required due date. Context: We have completed the financial statement audit and the reporting package has been submitted more than nine months after the end of the school's fiscal year ended June 30, 2023. Questioned Costs:None. Effect: There is a potential for suspension or cessation of federal and/or state funding. Cause: The school's previous independent auditor did not complete the audit for the year ended June 30, 2022 until March 7, 2024. Therefore, the new independent auditor wasn't able to start and complete the audit for the school's fiscal year ended June 30, 2023 within nine months of the year end. Repeat: No Auditor's Recommendation: The school should take steps to ensure that its financial records are maintained on a current basis, reconciled timely, and audited within nine months after year end. View of Responsible Officials: We agree with the finding as presented.