Finding No. 2022-005 - Late Filing of Single Audit Reporting Package Federal Programs Workforce Innovation and Opportunity Act Cluster ALN 17.258, 17.259, and 17.278 Federal Agency U.S. Department of Labor (DOL) Compliance Requirement Reporting Type of Finding Internal Control over Compliance Category Significant Deficiency Criteria As required by the audit requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance), § 200.512 Report submission (a) (1), “ the audit must be completed and the data collection form described in paragraph (b) of this section and reporting package described in paragraph (c) of this section must be submitted within the earlier of 30 calendar days after receipt of the auditor's report(s), or nine months after the end of the audit period. If the due date falls on a Saturday, Sunday, or Federal holiday, the reporting package is due the next business day”. Condition The Department has not submitted the Single Audit Reporting Packages for the year ended June 30, 2022. Cause The Single Audit Reporting Packages late submission results from the operational changes generated by Act No. 171 of October 2, 2014 (Act No. 171) enactment. Act No. 171 integrated the Labor Development Program and the WIOA Cluster Programs with the Department. This merge, in conjunction with other difficulties in accounting and reporting processes, has delayed the Department’s efforts to bring up to date all federal filings. Puerto Rico Department of Economic Development and Commerce (An Agency of the Commonwealth of Puerto Rico) Schedule of Findings and Questioned Costs For the Year Ended June 30, 2022 - 100 - Part III - Findings and Questioned Costs Relating to Federal Awards – (continued) Finding No. 2022-005 - Late Filing of Single Audit Reporting Package – (continued) Effect If the Federal awarding agency or pass-through entity determines that noncompliance cannot be remedied by imposing additional conditions, the Federal awarding agency or passthrough entity may take one or more of the following actions, as appropriate in the circumstances: a) Temporarily withhold cash payments pending correction of the deficiency by the non-Federal entity or more severe enforcement action by the Federal awarding agency or passthrough entity. b) Temporarily withhold cash payments pending correction of the deficiency by the non-Federal entity or more severe enforcement action by the Federal awarding agency or passthrough entity. c) Disallow (that is, deny both use of funds and any applicable matching credit for) all or part of the cost of the activity or action not in compliance. d) Wholly or partly suspend or terminate the Federal award. e) Initiate suspension or debarment proceedings as authorized under 2 CFR part 180 and Federal awarding agency regulations (or in the case of a passthrough entity, recommend such a proceeding be initiated by a Federal awarding agency). f) Withhold further Federal awards for the project or program. g) Take other remedies that may be legally available. Questioned Costs None. Identification as a Repeated Finding This is a repeat finding from the immediate previous audit, Finding No. 2021-007. Puerto Rico Department of Economic Development and Commerce (An Agency of the Commonwealth of Puerto Rico) Schedule of Findings and Questioned Costs For the Year Ended June 30, 2022 - 101 - Part III - Findings and Questioned Costs Relating to Federal Awards – (continued) Finding No. 2022-005 - Late Filing of Single Audit Reporting Package – (continued) Recommendation The data collection form and single audit reporting package must be submitted within the required due dates. Also, we strongly suggest the accounting department to take whatever steps necessary to ensure that senior management receives current and accurate financial information on a timely basis. If it is determined that the department is understaffed, steps should be taken to alleviate this problem so that work can remain current without an undue hardship on any one employee. Once up to date, the accounting staff must consistently provide management with the accurate financial reports and information necessary to effectively manage the Department’s operations. Views of Responsible Official (Unaudited) Refer to the corrective action plan on pages 110-114
Finding No. 2022-005 - Late Filing of Single Audit Reporting Package Federal Programs Workforce Innovation and Opportunity Act Cluster ALN 17.258, 17.259, and 17.278 Federal Agency U.S. Department of Labor (DOL) Compliance Requirement Reporting Type of Finding Internal Control over Compliance Category Significant Deficiency Criteria As required by the audit requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance), § 200.512 Report submission (a) (1), “ the audit must be completed and the data collection form described in paragraph (b) of this section and reporting package described in paragraph (c) of this section must be submitted within the earlier of 30 calendar days after receipt of the auditor's report(s), or nine months after the end of the audit period. If the due date falls on a Saturday, Sunday, or Federal holiday, the reporting package is due the next business day”. Condition The Department has not submitted the Single Audit Reporting Packages for the year ended June 30, 2022. Cause The Single Audit Reporting Packages late submission results from the operational changes generated by Act No. 171 of October 2, 2014 (Act No. 171) enactment. Act No. 171 integrated the Labor Development Program and the WIOA Cluster Programs with the Department. This merge, in conjunction with other difficulties in accounting and reporting processes, has delayed the Department’s efforts to bring up to date all federal filings. Puerto Rico Department of Economic Development and Commerce (An Agency of the Commonwealth of Puerto Rico) Schedule of Findings and Questioned Costs For the Year Ended June 30, 2022 - 100 - Part III - Findings and Questioned Costs Relating to Federal Awards – (continued) Finding No. 2022-005 - Late Filing of Single Audit Reporting Package – (continued) Effect If the Federal awarding agency or pass-through entity determines that noncompliance cannot be remedied by imposing additional conditions, the Federal awarding agency or passthrough entity may take one or more of the following actions, as appropriate in the circumstances: a) Temporarily withhold cash payments pending correction of the deficiency by the non-Federal entity or more severe enforcement action by the Federal awarding agency or passthrough entity. b) Temporarily withhold cash payments pending correction of the deficiency by the non-Federal entity or more severe enforcement action by the Federal awarding agency or passthrough entity. c) Disallow (that is, deny both use of funds and any applicable matching credit for) all or part of the cost of the activity or action not in compliance. d) Wholly or partly suspend or terminate the Federal award. e) Initiate suspension or debarment proceedings as authorized under 2 CFR part 180 and Federal awarding agency regulations (or in the case of a passthrough entity, recommend such a proceeding be initiated by a Federal awarding agency). f) Withhold further Federal awards for the project or program. g) Take other remedies that may be legally available. Questioned Costs None. Identification as a Repeated Finding This is a repeat finding from the immediate previous audit, Finding No. 2021-007. Puerto Rico Department of Economic Development and Commerce (An Agency of the Commonwealth of Puerto Rico) Schedule of Findings and Questioned Costs For the Year Ended June 30, 2022 - 101 - Part III - Findings and Questioned Costs Relating to Federal Awards – (continued) Finding No. 2022-005 - Late Filing of Single Audit Reporting Package – (continued) Recommendation The data collection form and single audit reporting package must be submitted within the required due dates. Also, we strongly suggest the accounting department to take whatever steps necessary to ensure that senior management receives current and accurate financial information on a timely basis. If it is determined that the department is understaffed, steps should be taken to alleviate this problem so that work can remain current without an undue hardship on any one employee. Once up to date, the accounting staff must consistently provide management with the accurate financial reports and information necessary to effectively manage the Department’s operations. Views of Responsible Official (Unaudited) Refer to the corrective action plan on pages 110-114
Condition: The reporting package for the year ended June 30, 2022, was not submitted by the March 31, 2023, reporting deadline. Criteria: 2 CFR Section 200.512(a) requires the Data Collection form and Single Audit reporting package be submitted the earlier of 30 days after the reports are received from the auditors or nine months after the end of the audit period. Accordingly, the due date for the Single Audit submission for the year ended June 30, 2022, is March 31, 2023. Cause: The audit report on the financial statements for the year ended June 30, 2022, was issued subsequent to the March 31, 2023 deadline. Effect: The Organization is not in compliance with the provision of 2 CFR Section 200.512(a) for the year ended June 30, 2022. Recommendation: The audit report on the financial statements for the year ended June 30, 2022, was issued November 27, 2023. The Data Collection form and reporting package will be submitted within 30 days thereafter.
Finding #2022-001 ? Material Weakness ? Accounting Recordkeeping All programs Other Criteria Accounting tasks such as timely monthly analysis, reconciliations and review of accounts play a key role in providing the accuracy of accounting data and information included in the interim and year-end consolidated financial statements. Trial balances should be maintained for the Organization continuously, in accordance with U.S. GAAP. Detailed supporting schedules should be maintained for all significant asset, liability, revenue and expense accounts. Reconciling items should be investigated and resolved in a timely manner. All of the forementioned items are essential to ensure that financial statements and data collection forms are submitted in conformance with 2 CFR Section 200.512(a)(1), certain tax returns, and certain grant agreements. Condition During the year ended June 30, 2022, management was unable to provide timely year end trial balances in accordance with U.S. GAAP without significant adjusting journal entries required to accurately reflect the underlying accounting transactions. Cause The Organization?s Accounting/Finance Department experienced a backlog of recording transactions and invoicing during the year ended June 30, 2022. This resulted in reconciliations not being performed timely. Effects Not performing timely and complete monthly and year-end account reconciliations and closing procedures leads to a continually and growing backlog of transactions and journal entries that are not posted to the accounting system, which renders the accounting information ineffective for making well-informed business decisions. This has led to the expenditure of significant time and effort by many to complete the required reconciliation procedures and prevented the timely delivery of financial statements to management, Board members and funders. In addition, due to the delay in the reconciliation process, the Organization restated June 30, 2021 net asset balances to correct a misstatement and was unable to meet the required reporting deadlines noted in 2 CFR Section 200.512(a)(1), certain tax returns, and certain grant agreements. Questions Costs None. Perspective This audit finding is systematic. Statistical Sample A statistical sample is not applicable to this finding. Repeat Finding This audit finding is a repeat finding. Recommendation We recommend that individuals overseeing the accounting and finance department continue to review the Organization?s current accounting policies and update existing policies or implement new policies, as needed, to ensure that the trial balances are accurately maintained throughout the year, reconciliations are completed and reviewed monthly or quarterly, as appropriate, and the trial balances and related supporting schedules are prepared and reviewed timely after year-end. Views of Responsible Officials Management agrees with the finding. The Organization is working with external consultants to improve the timeliness of reconciliations and audit preparation. We are continually making accounting policy changes which will correct some of the issues noted. Management is confident that the issues that have been noted will be rectified in the fiscal year ending June 30, 2023.
Finding #2022-001 ? Material Weakness ? Accounting Recordkeeping All programs Other Criteria Accounting tasks such as timely monthly analysis, reconciliations and review of accounts play a key role in providing the accuracy of accounting data and information included in the interim and year-end consolidated financial statements. Trial balances should be maintained for the Organization continuously, in accordance with U.S. GAAP. Detailed supporting schedules should be maintained for all significant asset, liability, revenue and expense accounts. Reconciling items should be investigated and resolved in a timely manner. All of the forementioned items are essential to ensure that financial statements and data collection forms are submitted in conformance with 2 CFR Section 200.512(a)(1), certain tax returns, and certain grant agreements. Condition During the year ended June 30, 2022, management was unable to provide timely year end trial balances in accordance with U.S. GAAP without significant adjusting journal entries required to accurately reflect the underlying accounting transactions. Cause The Organization?s Accounting/Finance Department experienced a backlog of recording transactions and invoicing during the year ended June 30, 2022. This resulted in reconciliations not being performed timely. Effects Not performing timely and complete monthly and year-end account reconciliations and closing procedures leads to a continually and growing backlog of transactions and journal entries that are not posted to the accounting system, which renders the accounting information ineffective for making well-informed business decisions. This has led to the expenditure of significant time and effort by many to complete the required reconciliation procedures and prevented the timely delivery of financial statements to management, Board members and funders. In addition, due to the delay in the reconciliation process, the Organization restated June 30, 2021 net asset balances to correct a misstatement and was unable to meet the required reporting deadlines noted in 2 CFR Section 200.512(a)(1), certain tax returns, and certain grant agreements. Questions Costs None. Perspective This audit finding is systematic. Statistical Sample A statistical sample is not applicable to this finding. Repeat Finding This audit finding is a repeat finding. Recommendation We recommend that individuals overseeing the accounting and finance department continue to review the Organization?s current accounting policies and update existing policies or implement new policies, as needed, to ensure that the trial balances are accurately maintained throughout the year, reconciliations are completed and reviewed monthly or quarterly, as appropriate, and the trial balances and related supporting schedules are prepared and reviewed timely after year-end. Views of Responsible Officials Management agrees with the finding. The Organization is working with external consultants to improve the timeliness of reconciliations and audit preparation. We are continually making accounting policy changes which will correct some of the issues noted. Management is confident that the issues that have been noted will be rectified in the fiscal year ending June 30, 2023.
Finding #2022-001 ? Material Weakness ? Accounting Recordkeeping All programs Other Criteria Accounting tasks such as timely monthly analysis, reconciliations and review of accounts play a key role in providing the accuracy of accounting data and information included in the interim and year-end consolidated financial statements. Trial balances should be maintained for the Organization continuously, in accordance with U.S. GAAP. Detailed supporting schedules should be maintained for all significant asset, liability, revenue and expense accounts. Reconciling items should be investigated and resolved in a timely manner. All of the forementioned items are essential to ensure that financial statements and data collection forms are submitted in conformance with 2 CFR Section 200.512(a)(1), certain tax returns, and certain grant agreements. Condition During the year ended June 30, 2022, management was unable to provide timely year end trial balances in accordance with U.S. GAAP without significant adjusting journal entries required to accurately reflect the underlying accounting transactions. Cause The Organization?s Accounting/Finance Department experienced a backlog of recording transactions and invoicing during the year ended June 30, 2022. This resulted in reconciliations not being performed timely. Effects Not performing timely and complete monthly and year-end account reconciliations and closing procedures leads to a continually and growing backlog of transactions and journal entries that are not posted to the accounting system, which renders the accounting information ineffective for making well-informed business decisions. This has led to the expenditure of significant time and effort by many to complete the required reconciliation procedures and prevented the timely delivery of financial statements to management, Board members and funders. In addition, due to the delay in the reconciliation process, the Organization restated June 30, 2021 net asset balances to correct a misstatement and was unable to meet the required reporting deadlines noted in 2 CFR Section 200.512(a)(1), certain tax returns, and certain grant agreements. Questions Costs None. Perspective This audit finding is systematic. Statistical Sample A statistical sample is not applicable to this finding. Repeat Finding This audit finding is a repeat finding. Recommendation We recommend that individuals overseeing the accounting and finance department continue to review the Organization?s current accounting policies and update existing policies or implement new policies, as needed, to ensure that the trial balances are accurately maintained throughout the year, reconciliations are completed and reviewed monthly or quarterly, as appropriate, and the trial balances and related supporting schedules are prepared and reviewed timely after year-end. Views of Responsible Officials Management agrees with the finding. The Organization is working with external consultants to improve the timeliness of reconciliations and audit preparation. We are continually making accounting policy changes which will correct some of the issues noted. Management is confident that the issues that have been noted will be rectified in the fiscal year ending June 30, 2023.
Finding #2022-001 ? Material Weakness ? Accounting Recordkeeping All programs Other Criteria Accounting tasks such as timely monthly analysis, reconciliations and review of accounts play a key role in providing the accuracy of accounting data and information included in the interim and year-end consolidated financial statements. Trial balances should be maintained for the Organization continuously, in accordance with U.S. GAAP. Detailed supporting schedules should be maintained for all significant asset, liability, revenue and expense accounts. Reconciling items should be investigated and resolved in a timely manner. All of the forementioned items are essential to ensure that financial statements and data collection forms are submitted in conformance with 2 CFR Section 200.512(a)(1), certain tax returns, and certain grant agreements. Condition During the year ended June 30, 2022, management was unable to provide timely year end trial balances in accordance with U.S. GAAP without significant adjusting journal entries required to accurately reflect the underlying accounting transactions. Cause The Organization?s Accounting/Finance Department experienced a backlog of recording transactions and invoicing during the year ended June 30, 2022. This resulted in reconciliations not being performed timely. Effects Not performing timely and complete monthly and year-end account reconciliations and closing procedures leads to a continually and growing backlog of transactions and journal entries that are not posted to the accounting system, which renders the accounting information ineffective for making well-informed business decisions. This has led to the expenditure of significant time and effort by many to complete the required reconciliation procedures and prevented the timely delivery of financial statements to management, Board members and funders. In addition, due to the delay in the reconciliation process, the Organization restated June 30, 2021 net asset balances to correct a misstatement and was unable to meet the required reporting deadlines noted in 2 CFR Section 200.512(a)(1), certain tax returns, and certain grant agreements. Questions Costs None. Perspective This audit finding is systematic. Statistical Sample A statistical sample is not applicable to this finding. Repeat Finding This audit finding is a repeat finding. Recommendation We recommend that individuals overseeing the accounting and finance department continue to review the Organization?s current accounting policies and update existing policies or implement new policies, as needed, to ensure that the trial balances are accurately maintained throughout the year, reconciliations are completed and reviewed monthly or quarterly, as appropriate, and the trial balances and related supporting schedules are prepared and reviewed timely after year-end. Views of Responsible Officials Management agrees with the finding. The Organization is working with external consultants to improve the timeliness of reconciliations and audit preparation. We are continually making accounting policy changes which will correct some of the issues noted. Management is confident that the issues that have been noted will be rectified in the fiscal year ending June 30, 2023.
Finding #2022-001 ? Material Weakness ? Accounting Recordkeeping All programs Other Criteria Accounting tasks such as timely monthly analysis, reconciliations and review of accounts play a key role in providing the accuracy of accounting data and information included in the interim and year-end consolidated financial statements. Trial balances should be maintained for the Organization continuously, in accordance with U.S. GAAP. Detailed supporting schedules should be maintained for all significant asset, liability, revenue and expense accounts. Reconciling items should be investigated and resolved in a timely manner. All of the forementioned items are essential to ensure that financial statements and data collection forms are submitted in conformance with 2 CFR Section 200.512(a)(1), certain tax returns, and certain grant agreements. Condition During the year ended June 30, 2022, management was unable to provide timely year end trial balances in accordance with U.S. GAAP without significant adjusting journal entries required to accurately reflect the underlying accounting transactions. Cause The Organization?s Accounting/Finance Department experienced a backlog of recording transactions and invoicing during the year ended June 30, 2022. This resulted in reconciliations not being performed timely. Effects Not performing timely and complete monthly and year-end account reconciliations and closing procedures leads to a continually and growing backlog of transactions and journal entries that are not posted to the accounting system, which renders the accounting information ineffective for making well-informed business decisions. This has led to the expenditure of significant time and effort by many to complete the required reconciliation procedures and prevented the timely delivery of financial statements to management, Board members and funders. In addition, due to the delay in the reconciliation process, the Organization restated June 30, 2021 net asset balances to correct a misstatement and was unable to meet the required reporting deadlines noted in 2 CFR Section 200.512(a)(1), certain tax returns, and certain grant agreements. Questions Costs None. Perspective This audit finding is systematic. Statistical Sample A statistical sample is not applicable to this finding. Repeat Finding This audit finding is a repeat finding. Recommendation We recommend that individuals overseeing the accounting and finance department continue to review the Organization?s current accounting policies and update existing policies or implement new policies, as needed, to ensure that the trial balances are accurately maintained throughout the year, reconciliations are completed and reviewed monthly or quarterly, as appropriate, and the trial balances and related supporting schedules are prepared and reviewed timely after year-end. Views of Responsible Officials Management agrees with the finding. The Organization is working with external consultants to improve the timeliness of reconciliations and audit preparation. We are continually making accounting policy changes which will correct some of the issues noted. Management is confident that the issues that have been noted will be rectified in the fiscal year ending June 30, 2023.
Finding #2022-001 ? Material Weakness ? Accounting Recordkeeping All programs Other Criteria Accounting tasks such as timely monthly analysis, reconciliations and review of accounts play a key role in providing the accuracy of accounting data and information included in the interim and year-end consolidated financial statements. Trial balances should be maintained for the Organization continuously, in accordance with U.S. GAAP. Detailed supporting schedules should be maintained for all significant asset, liability, revenue and expense accounts. Reconciling items should be investigated and resolved in a timely manner. All of the forementioned items are essential to ensure that financial statements and data collection forms are submitted in conformance with 2 CFR Section 200.512(a)(1), certain tax returns, and certain grant agreements. Condition During the year ended June 30, 2022, management was unable to provide timely year end trial balances in accordance with U.S. GAAP without significant adjusting journal entries required to accurately reflect the underlying accounting transactions. Cause The Organization?s Accounting/Finance Department experienced a backlog of recording transactions and invoicing during the year ended June 30, 2022. This resulted in reconciliations not being performed timely. Effects Not performing timely and complete monthly and year-end account reconciliations and closing procedures leads to a continually and growing backlog of transactions and journal entries that are not posted to the accounting system, which renders the accounting information ineffective for making well-informed business decisions. This has led to the expenditure of significant time and effort by many to complete the required reconciliation procedures and prevented the timely delivery of financial statements to management, Board members and funders. In addition, due to the delay in the reconciliation process, the Organization restated June 30, 2021 net asset balances to correct a misstatement and was unable to meet the required reporting deadlines noted in 2 CFR Section 200.512(a)(1), certain tax returns, and certain grant agreements. Questions Costs None. Perspective This audit finding is systematic. Statistical Sample A statistical sample is not applicable to this finding. Repeat Finding This audit finding is a repeat finding. Recommendation We recommend that individuals overseeing the accounting and finance department continue to review the Organization?s current accounting policies and update existing policies or implement new policies, as needed, to ensure that the trial balances are accurately maintained throughout the year, reconciliations are completed and reviewed monthly or quarterly, as appropriate, and the trial balances and related supporting schedules are prepared and reviewed timely after year-end. Views of Responsible Officials Management agrees with the finding. The Organization is working with external consultants to improve the timeliness of reconciliations and audit preparation. We are continually making accounting policy changes which will correct some of the issues noted. Management is confident that the issues that have been noted will be rectified in the fiscal year ending June 30, 2023.
Finding #2022-001 ? Material Weakness ? Accounting Recordkeeping All programs Other Criteria Accounting tasks such as timely monthly analysis, reconciliations and review of accounts play a key role in providing the accuracy of accounting data and information included in the interim and year-end consolidated financial statements. Trial balances should be maintained for the Organization continuously, in accordance with U.S. GAAP. Detailed supporting schedules should be maintained for all significant asset, liability, revenue and expense accounts. Reconciling items should be investigated and resolved in a timely manner. All of the forementioned items are essential to ensure that financial statements and data collection forms are submitted in conformance with 2 CFR Section 200.512(a)(1), certain tax returns, and certain grant agreements. Condition During the year ended June 30, 2022, management was unable to provide timely year end trial balances in accordance with U.S. GAAP without significant adjusting journal entries required to accurately reflect the underlying accounting transactions. Cause The Organization?s Accounting/Finance Department experienced a backlog of recording transactions and invoicing during the year ended June 30, 2022. This resulted in reconciliations not being performed timely. Effects Not performing timely and complete monthly and year-end account reconciliations and closing procedures leads to a continually and growing backlog of transactions and journal entries that are not posted to the accounting system, which renders the accounting information ineffective for making well-informed business decisions. This has led to the expenditure of significant time and effort by many to complete the required reconciliation procedures and prevented the timely delivery of financial statements to management, Board members and funders. In addition, due to the delay in the reconciliation process, the Organization restated June 30, 2021 net asset balances to correct a misstatement and was unable to meet the required reporting deadlines noted in 2 CFR Section 200.512(a)(1), certain tax returns, and certain grant agreements. Questions Costs None. Perspective This audit finding is systematic. Statistical Sample A statistical sample is not applicable to this finding. Repeat Finding This audit finding is a repeat finding. Recommendation We recommend that individuals overseeing the accounting and finance department continue to review the Organization?s current accounting policies and update existing policies or implement new policies, as needed, to ensure that the trial balances are accurately maintained throughout the year, reconciliations are completed and reviewed monthly or quarterly, as appropriate, and the trial balances and related supporting schedules are prepared and reviewed timely after year-end. Views of Responsible Officials Management agrees with the finding. The Organization is working with external consultants to improve the timeliness of reconciliations and audit preparation. We are continually making accounting policy changes which will correct some of the issues noted. Management is confident that the issues that have been noted will be rectified in the fiscal year ending June 30, 2023.
Finding #2022-001 ? Material Weakness ? Accounting Recordkeeping All programs Other Criteria Accounting tasks such as timely monthly analysis, reconciliations and review of accounts play a key role in providing the accuracy of accounting data and information included in the interim and year-end consolidated financial statements. Trial balances should be maintained for the Organization continuously, in accordance with U.S. GAAP. Detailed supporting schedules should be maintained for all significant asset, liability, revenue and expense accounts. Reconciling items should be investigated and resolved in a timely manner. All of the forementioned items are essential to ensure that financial statements and data collection forms are submitted in conformance with 2 CFR Section 200.512(a)(1), certain tax returns, and certain grant agreements. Condition During the year ended June 30, 2022, management was unable to provide timely year end trial balances in accordance with U.S. GAAP without significant adjusting journal entries required to accurately reflect the underlying accounting transactions. Cause The Organization?s Accounting/Finance Department experienced a backlog of recording transactions and invoicing during the year ended June 30, 2022. This resulted in reconciliations not being performed timely. Effects Not performing timely and complete monthly and year-end account reconciliations and closing procedures leads to a continually and growing backlog of transactions and journal entries that are not posted to the accounting system, which renders the accounting information ineffective for making well-informed business decisions. This has led to the expenditure of significant time and effort by many to complete the required reconciliation procedures and prevented the timely delivery of financial statements to management, Board members and funders. In addition, due to the delay in the reconciliation process, the Organization restated June 30, 2021 net asset balances to correct a misstatement and was unable to meet the required reporting deadlines noted in 2 CFR Section 200.512(a)(1), certain tax returns, and certain grant agreements. Questions Costs None. Perspective This audit finding is systematic. Statistical Sample A statistical sample is not applicable to this finding. Repeat Finding This audit finding is a repeat finding. Recommendation We recommend that individuals overseeing the accounting and finance department continue to review the Organization?s current accounting policies and update existing policies or implement new policies, as needed, to ensure that the trial balances are accurately maintained throughout the year, reconciliations are completed and reviewed monthly or quarterly, as appropriate, and the trial balances and related supporting schedules are prepared and reviewed timely after year-end. Views of Responsible Officials Management agrees with the finding. The Organization is working with external consultants to improve the timeliness of reconciliations and audit preparation. We are continually making accounting policy changes which will correct some of the issues noted. Management is confident that the issues that have been noted will be rectified in the fiscal year ending June 30, 2023.
2022-004 UNTIMELY FILING OF THE DATA COLLECTION FORM ? OTHER NONCOMPLIANCE FINDING TYPE: Other Noncompliance Finding 2022-004 Federal Program: Child Nutrition Cluster ALN: 10.555 Federal Award Number(s) and Year(s): 213ND309N1199, 2022 Federal Agency: U.S. Department of Agriculture Questioned Cost: $0 Condition The Kindred Public School District No. 2 did not submit its Data Collection Form to the Federal Audit Clearinghouse within nine months of its year-end June 30, 2022. Effect The Kindred Public School District No. 2 is not in compliance with the filing requirement deadline. Cause Audited financial statements were not complete; therefore, the Data Collection Form could not be filed timely. Criteria Uniform Guidance 2 CFR 200.512(a) states in part: ?The audit must be completed and the data collection form must be submitted within the earlier of 30 calendar days after receipt of the auditor's report or nine months after the end of the audit period.? Prior Recommendation No. Recommendation We recommend the Kindred Public School District No. 2 comply with the Uniform Guidance 2 CFR 200.512(a) by submitting the Data Collection Form within the allowable time requirements. Kindred Public School District No. 2?s Response See Corrective Action Plan
Condition ? The District did not file the June 2022 data collection form within the prescribed timeframe set forth by the Office of Management and Budget. Criteria ? The Office of Management and Budget (OMB) Title 2 Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) 2 CFR 200.512 requires auditees to submit a completed form SFSAC, along with one complete reporting package, to the Federal Audit Clearinghouse. Cause ? The audit for fiscal year ended June 30, 2022, was not completed until May 8, 2023. Effect ? The District cannot be considered a low-risk auditee for the year ended June 30, 2023. Recommendation ? Ensure that the audit is completed in time for the submission deadline in future audit years. Client Response ? The District is aware of the importance of filing the data collection forms within the prescribed amount of time and is working to file timely for the fiscal year end 2023 audit.
Condition ? The District did not file the June 2022 data collection form within the prescribed timeframe set forth by the Office of Management and Budget. Criteria ? The Office of Management and Budget (OMB) Title 2 Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) 2 CFR 200.512 requires auditees to submit a completed form SFSAC, along with one complete reporting package, to the Federal Audit Clearinghouse. Cause ? The audit for fiscal year ended June 30, 2022, was not completed until May 8, 2023. Effect ? The District cannot be considered a low-risk auditee for the year ended June 30, 2023. Recommendation ? Ensure that the audit is completed in time for the submission deadline in future audit years. Client Response ? The District is aware of the importance of filing the data collection forms within the prescribed amount of time and is working to file timely for the fiscal year end 2023 audit.
Condition ? The District did not file the June 2022 data collection form within the prescribed timeframe set forth by the Office of Management and Budget. Criteria ? The Office of Management and Budget (OMB) Title 2 Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) 2 CFR 200.512 requires auditees to submit a completed form SFSAC, along with one complete reporting package, to the Federal Audit Clearinghouse. Cause ? The audit for fiscal year ended June 30, 2022, was not completed until May 8, 2023. Effect ? The District cannot be considered a low-risk auditee for the year ended June 30, 2023. Recommendation ? Ensure that the audit is completed in time for the submission deadline in future audit years. Client Response ? The District is aware of the importance of filing the data collection forms within the prescribed amount of time and is working to file timely for the fiscal year end 2023 audit.
Condition ? The District did not file the June 2022 data collection form within the prescribed timeframe set forth by the Office of Management and Budget. Criteria ? The Office of Management and Budget (OMB) Title 2 Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) 2 CFR 200.512 requires auditees to submit a completed form SFSAC, along with one complete reporting package, to the Federal Audit Clearinghouse. Cause ? The audit for fiscal year ended June 30, 2022, was not completed until May 8, 2023. Effect ? The District cannot be considered a low-risk auditee for the year ended June 30, 2023. Recommendation ? Ensure that the audit is completed in time for the submission deadline in future audit years. Client Response ? The District is aware of the importance of filing the data collection forms within the prescribed amount of time and is working to file timely for the fiscal year end 2023 audit.
Condition ? The District did not file the June 2022 data collection form within the prescribed timeframe set forth by the Office of Management and Budget. Criteria ? The Office of Management and Budget (OMB) Title 2 Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) 2 CFR 200.512 requires auditees to submit a completed form SFSAC, along with one complete reporting package, to the Federal Audit Clearinghouse. Cause ? The audit for fiscal year ended June 30, 2022, was not completed until May 8, 2023. Effect ? The District cannot be considered a low-risk auditee for the year ended June 30, 2023. Recommendation ? Ensure that the audit is completed in time for the submission deadline in future audit years. Client Response ? The District is aware of the importance of filing the data collection forms within the prescribed amount of time and is working to file timely for the fiscal year end 2023 audit.
Condition ? The District did not file the June 2022 data collection form within the prescribed timeframe set forth by the Office of Management and Budget. Criteria ? The Office of Management and Budget (OMB) Title 2 Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) 2 CFR 200.512 requires auditees to submit a completed form SFSAC, along with one complete reporting package, to the Federal Audit Clearinghouse. Cause ? The audit for fiscal year ended June 30, 2022, was not completed until May 8, 2023. Effect ? The District cannot be considered a low-risk auditee for the year ended June 30, 2023. Recommendation ? Ensure that the audit is completed in time for the submission deadline in future audit years. Client Response ? The District is aware of the importance of filing the data collection forms within the prescribed amount of time and is working to file timely for the fiscal year end 2023 audit.
Condition ? The District did not file the June 2022 data collection form within the prescribed timeframe set forth by the Office of Management and Budget. Criteria ? The Office of Management and Budget (OMB) Title 2 Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) 2 CFR 200.512 requires auditees to submit a completed form SFSAC, along with one complete reporting package, to the Federal Audit Clearinghouse. Cause ? The audit for fiscal year ended June 30, 2022, was not completed until May 8, 2023. Effect ? The District cannot be considered a low-risk auditee for the year ended June 30, 2023. Recommendation ? Ensure that the audit is completed in time for the submission deadline in future audit years. Client Response ? The District is aware of the importance of filing the data collection forms within the prescribed amount of time and is working to file timely for the fiscal year end 2023 audit.
Condition ? The District did not file the June 2022 data collection form within the prescribed timeframe set forth by the Office of Management and Budget. Criteria ? The Office of Management and Budget (OMB) Title 2 Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) 2 CFR 200.512 requires auditees to submit a completed form SFSAC, along with one complete reporting package, to the Federal Audit Clearinghouse. Cause ? The audit for fiscal year ended June 30, 2022, was not completed until May 8, 2023. Effect ? The District cannot be considered a low-risk auditee for the year ended June 30, 2023. Recommendation ? Ensure that the audit is completed in time for the submission deadline in future audit years. Client Response ? The District is aware of the importance of filing the data collection forms within the prescribed amount of time and is working to file timely for the fiscal year end 2023 audit.
Condition ? The District did not file the June 2022 data collection form within the prescribed timeframe set forth by the Office of Management and Budget. Criteria ? The Office of Management and Budget (OMB) Title 2 Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) 2 CFR 200.512 requires auditees to submit a completed form SFSAC, along with one complete reporting package, to the Federal Audit Clearinghouse. Cause ? The audit for fiscal year ended June 30, 2022, was not completed until May 8, 2023. Effect ? The District cannot be considered a low-risk auditee for the year ended June 30, 2023. Recommendation ? Ensure that the audit is completed in time for the submission deadline in future audit years. Client Response ? The District is aware of the importance of filing the data collection forms within the prescribed amount of time and is working to file timely for the fiscal year end 2023 audit.
Condition ? The District did not file the June 2022 data collection form within the prescribed timeframe set forth by the Office of Management and Budget. Criteria ? The Office of Management and Budget (OMB) Title 2 Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) 2 CFR 200.512 requires auditees to submit a completed form SFSAC, along with one complete reporting package, to the Federal Audit Clearinghouse. Cause ? The audit for fiscal year ended June 30, 2022, was not completed until May 8, 2023. Effect ? The District cannot be considered a low-risk auditee for the year ended June 30, 2023. Recommendation ? Ensure that the audit is completed in time for the submission deadline in future audit years. Client Response ? The District is aware of the importance of filing the data collection forms within the prescribed amount of time and is working to file timely for the fiscal year end 2023 audit.
Condition ? The District did not file the June 2022 data collection form within the prescribed timeframe set forth by the Office of Management and Budget. Criteria ? The Office of Management and Budget (OMB) Title 2 Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) 2 CFR 200.512 requires auditees to submit a completed form SFSAC, along with one complete reporting package, to the Federal Audit Clearinghouse. Cause ? The audit for fiscal year ended June 30, 2022, was not completed until May 8, 2023. Effect ? The District cannot be considered a low-risk auditee for the year ended June 30, 2023. Recommendation ? Ensure that the audit is completed in time for the submission deadline in future audit years. Client Response ? The District is aware of the importance of filing the data collection forms within the prescribed amount of time and is working to file timely for the fiscal year end 2023 audit.
Condition ? The District did not file the June 2022 data collection form within the prescribed timeframe set forth by the Office of Management and Budget. Criteria ? The Office of Management and Budget (OMB) Title 2 Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) 2 CFR 200.512 requires auditees to submit a completed form SFSAC, along with one complete reporting package, to the Federal Audit Clearinghouse. Cause ? The audit for fiscal year ended June 30, 2022, was not completed until May 8, 2023. Effect ? The District cannot be considered a low-risk auditee for the year ended June 30, 2023. Recommendation ? Ensure that the audit is completed in time for the submission deadline in future audit years. Client Response ? The District is aware of the importance of filing the data collection forms within the prescribed amount of time and is working to file timely for the fiscal year end 2023 audit.
Condition ? The District did not file the June 2022 data collection form within the prescribed timeframe set forth by the Office of Management and Budget. Criteria ? The Office of Management and Budget (OMB) Title 2 Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) 2 CFR 200.512 requires auditees to submit a completed form SFSAC, along with one complete reporting package, to the Federal Audit Clearinghouse. Cause ? The audit for fiscal year ended June 30, 2022, was not completed until May 8, 2023. Effect ? The District cannot be considered a low-risk auditee for the year ended June 30, 2023. Recommendation ? Ensure that the audit is completed in time for the submission deadline in future audit years. Client Response ? The District is aware of the importance of filing the data collection forms within the prescribed amount of time and is working to file timely for the fiscal year end 2023 audit.
Condition ? The District did not file the June 2022 data collection form within the prescribed timeframe set forth by the Office of Management and Budget. Criteria ? The Office of Management and Budget (OMB) Title 2 Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) 2 CFR 200.512 requires auditees to submit a completed form SFSAC, along with one complete reporting package, to the Federal Audit Clearinghouse. Cause ? The audit for fiscal year ended June 30, 2022, was not completed until May 8, 2023. Effect ? The District cannot be considered a low-risk auditee for the year ended June 30, 2023. Recommendation ? Ensure that the audit is completed in time for the submission deadline in future audit years. Client Response ? The District is aware of the importance of filing the data collection forms within the prescribed amount of time and is working to file timely for the fiscal year end 2023 audit.
Condition ? The District did not file the June 2022 data collection form within the prescribed timeframe set forth by the Office of Management and Budget. Criteria ? The Office of Management and Budget (OMB) Title 2 Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) 2 CFR 200.512 requires auditees to submit a completed form SFSAC, along with one complete reporting package, to the Federal Audit Clearinghouse. Cause ? The audit for fiscal year ended June 30, 2022, was not completed until May 8, 2023. Effect ? The District cannot be considered a low-risk auditee for the year ended June 30, 2023. Recommendation ? Ensure that the audit is completed in time for the submission deadline in future audit years. Client Response ? The District is aware of the importance of filing the data collection forms within the prescribed amount of time and is working to file timely for the fiscal year end 2023 audit.
Condition ? The District did not file the June 2022 data collection form within the prescribed timeframe set forth by the Office of Management and Budget. Criteria ? The Office of Management and Budget (OMB) Title 2 Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) 2 CFR 200.512 requires auditees to submit a completed form SFSAC, along with one complete reporting package, to the Federal Audit Clearinghouse. Cause ? The audit for fiscal year ended June 30, 2022, was not completed until May 8, 2023. Effect ? The District cannot be considered a low-risk auditee for the year ended June 30, 2023. Recommendation ? Ensure that the audit is completed in time for the submission deadline in future audit years. Client Response ? The District is aware of the importance of filing the data collection forms within the prescribed amount of time and is working to file timely for the fiscal year end 2023 audit.
Condition ? The District did not file the June 2022 data collection form within the prescribed timeframe set forth by the Office of Management and Budget. Criteria ? The Office of Management and Budget (OMB) Title 2 Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) 2 CFR 200.512 requires auditees to submit a completed form SFSAC, along with one complete reporting package, to the Federal Audit Clearinghouse. Cause ? The audit for fiscal year ended June 30, 2022, was not completed until May 8, 2023. Effect ? The District cannot be considered a low-risk auditee for the year ended June 30, 2023. Recommendation ? Ensure that the audit is completed in time for the submission deadline in future audit years. Client Response ? The District is aware of the importance of filing the data collection forms within the prescribed amount of time and is working to file timely for the fiscal year end 2023 audit.
Finding Number: 2022-002 Repeat Finding: No Program Name/Assistance Listing Title: Indian School Equalization Program Assistance Listing Number: 15.042 Federal Agency: U.S. Department of Interior Federal Award Number: A19AV00933 Pass-Through Agency: Bureau of Indian Education Questioned Costs: N/A Type of Finding: Noncompliance, Material Weakness Compliance Requirement: Reporting CRITERIA The Single Audit Reporting Package must have a report submitted nine months after fiscal yearend (2 CFR 200.512). The Hall is required to report cumulative program outlays and program income on the Federal Financial Report, SF-425. Quarterly and semi-annual interim reports shall be submitted no later than 30 days after the end of each reporting period. CONDITION The Hall did not provide all of the audit information for fiscal year 2021-22 in a timely manner to allow sufficient time for the audit to be completed by the deadline. The Hall did not follow federal reporting requirements. CAUSE Hall policies were not always followed or controls were not in place to ensure complete and accurate information could be provided timely. EFFECT The Hall was not always in compliance with federal guidelines. CONTEXT The sample was not intended to be, and was not, a statistically valid sample. The Hall did not provide all of the audit information for fiscal year 2021-22 in a timely manner to allow sufficient time for the audit to be submitted by the deadline. The SF-425 report for reporting period ending September 30, 2021 was not submitted within 30 days of the end of the reporting period. Amounts reported on the SF-425 reports include all income and expense for the Hall rather than just federal receipts and disbursements. In addition, the amounts reported reporting periods ending December 31, 2021, March 31, 2022, and June 30, 2022 were not cumulative. RECOMMENDATION The Hall should design and implement effective internal control procedures to timely close out the trial balance and provide all of the necessary audit evidence to ensure the general ledger, financial statements and related notes are free from material misstatements. VIEWS OF RESPONSIBLE OFFICIALS See Corrective Action Plan.
Finding Number: 2022-002 Repeat Finding: No Program Name/Assistance Listing Title: Indian School Equalization Program Assistance Listing Number: 15.042 Federal Agency: U.S. Department of Interior Federal Award Number: A19AV00933 Pass-Through Agency: Bureau of Indian Education Questioned Costs: N/A Type of Finding: Noncompliance, Material Weakness Compliance Requirement: Reporting CRITERIA The Single Audit Reporting Package must have a report submitted nine months after fiscal yearend (2 CFR 200.512). The Hall is required to report cumulative program outlays and program income on the Federal Financial Report, SF-425. Quarterly and semi-annual interim reports shall be submitted no later than 30 days after the end of each reporting period. CONDITION The Hall did not provide all of the audit information for fiscal year 2021-22 in a timely manner to allow sufficient time for the audit to be completed by the deadline. The Hall did not follow federal reporting requirements. CAUSE Hall policies were not always followed or controls were not in place to ensure complete and accurate information could be provided timely. EFFECT The Hall was not always in compliance with federal guidelines. CONTEXT The sample was not intended to be, and was not, a statistically valid sample. The Hall did not provide all of the audit information for fiscal year 2021-22 in a timely manner to allow sufficient time for the audit to be submitted by the deadline. The SF-425 report for reporting period ending September 30, 2021 was not submitted within 30 days of the end of the reporting period. Amounts reported on the SF-425 reports include all income and expense for the Hall rather than just federal receipts and disbursements. In addition, the amounts reported reporting periods ending December 31, 2021, March 31, 2022, and June 30, 2022 were not cumulative. RECOMMENDATION The Hall should design and implement effective internal control procedures to timely close out the trial balance and provide all of the necessary audit evidence to ensure the general ledger, financial statements and related notes are free from material misstatements. VIEWS OF RESPONSIBLE OFFICIALS See Corrective Action Plan.
Finding Number: 2022-002 Repeat Finding: No Program Name/Assistance Listing Title: Indian School Equalization Program Assistance Listing Number: 15.042 Federal Agency: U.S. Department of Interior Federal Award Number: A19AV00933 Pass-Through Agency: Bureau of Indian Education Questioned Costs: N/A Type of Finding: Noncompliance, Material Weakness Compliance Requirement: Reporting CRITERIA The Single Audit Reporting Package must have a report submitted nine months after fiscal yearend (2 CFR 200.512). The Hall is required to report cumulative program outlays and program income on the Federal Financial Report, SF-425. Quarterly and semi-annual interim reports shall be submitted no later than 30 days after the end of each reporting period. CONDITION The Hall did not provide all of the audit information for fiscal year 2021-22 in a timely manner to allow sufficient time for the audit to be completed by the deadline. The Hall did not follow federal reporting requirements. CAUSE Hall policies were not always followed or controls were not in place to ensure complete and accurate information could be provided timely. EFFECT The Hall was not always in compliance with federal guidelines. CONTEXT The sample was not intended to be, and was not, a statistically valid sample. The Hall did not provide all of the audit information for fiscal year 2021-22 in a timely manner to allow sufficient time for the audit to be submitted by the deadline. The SF-425 report for reporting period ending September 30, 2021 was not submitted within 30 days of the end of the reporting period. Amounts reported on the SF-425 reports include all income and expense for the Hall rather than just federal receipts and disbursements. In addition, the amounts reported reporting periods ending December 31, 2021, March 31, 2022, and June 30, 2022 were not cumulative. RECOMMENDATION The Hall should design and implement effective internal control procedures to timely close out the trial balance and provide all of the necessary audit evidence to ensure the general ledger, financial statements and related notes are free from material misstatements. VIEWS OF RESPONSIBLE OFFICIALS See Corrective Action Plan.
Finding 2022-002: Late Issuance of the 2022 Single Audit Reporting Package Federal Programs Applicable to all assistance listing numbers (ALN?s) and federal agencies (and pass-through entities) included on the accompanying schedule of expenditures of federal awards for the year ended June 30, 2022. Finding The District?s fiscal year 2022 Single Audit package was not submitted to the Federal Audit Clearinghouse within the required time period. Criteria Uniform Guidance 2 CFR 200.512(a) requires that each organization?s audit must be completed and the data collection form and reporting package should be submitted within the earlier of 30 days after receipt of the auditor?s report or nine months after the end of the audit period. Condition The Single Audit package for the District?s fiscal year ended June 30, 2022 should have been submitted to the Federal Audit Clearinghouse by March 31, 2023. Cause This was due to transition in the District?s Treasurer function in fiscal year 2022. Pension information, state grants, e-rate, and voided check transactions caused a net balance due from the Thornton Township School Treasurer that should have been included in the timely reconciliation of pooled cash and investments. Effect Noncompliance with the requirements of Uniform Guidance. Questioned Costs None Context The June 30, 2022 Single Audit package. Identification as a repeat finding, if applicable This is not a repeat finding. Recommendation We recommend that the District ensure timely filing of the Single Audit reporting package with the Federal Audit Clearinghouse. Views of Responsible Officials The District accepts the finding. Procedures have been established to ensure all filings are done timely.
Finding 2022-002: Late Issuance of the 2022 Single Audit Reporting Package Federal Programs Applicable to all assistance listing numbers (ALN?s) and federal agencies (and pass-through entities) included on the accompanying schedule of expenditures of federal awards for the year ended June 30, 2022. Finding The District?s fiscal year 2022 Single Audit package was not submitted to the Federal Audit Clearinghouse within the required time period. Criteria Uniform Guidance 2 CFR 200.512(a) requires that each organization?s audit must be completed and the data collection form and reporting package should be submitted within the earlier of 30 days after receipt of the auditor?s report or nine months after the end of the audit period. Condition The Single Audit package for the District?s fiscal year ended June 30, 2022 should have been submitted to the Federal Audit Clearinghouse by March 31, 2023. Cause This was due to transition in the District?s Treasurer function in fiscal year 2022. Pension information, state grants, e-rate, and voided check transactions caused a net balance due from the Thornton Township School Treasurer that should have been included in the timely reconciliation of pooled cash and investments. Effect Noncompliance with the requirements of Uniform Guidance. Questioned Costs None Context The June 30, 2022 Single Audit package. Identification as a repeat finding, if applicable This is not a repeat finding. Recommendation We recommend that the District ensure timely filing of the Single Audit reporting package with the Federal Audit Clearinghouse. Views of Responsible Officials The District accepts the finding. Procedures have been established to ensure all filings are done timely.
Finding 2022-002: Late Issuance of the 2022 Single Audit Reporting Package Federal Programs Applicable to all assistance listing numbers (ALN?s) and federal agencies (and pass-through entities) included on the accompanying schedule of expenditures of federal awards for the year ended June 30, 2022. Finding The District?s fiscal year 2022 Single Audit package was not submitted to the Federal Audit Clearinghouse within the required time period. Criteria Uniform Guidance 2 CFR 200.512(a) requires that each organization?s audit must be completed and the data collection form and reporting package should be submitted within the earlier of 30 days after receipt of the auditor?s report or nine months after the end of the audit period. Condition The Single Audit package for the District?s fiscal year ended June 30, 2022 should have been submitted to the Federal Audit Clearinghouse by March 31, 2023. Cause This was due to transition in the District?s Treasurer function in fiscal year 2022. Pension information, state grants, e-rate, and voided check transactions caused a net balance due from the Thornton Township School Treasurer that should have been included in the timely reconciliation of pooled cash and investments. Effect Noncompliance with the requirements of Uniform Guidance. Questioned Costs None Context The June 30, 2022 Single Audit package. Identification as a repeat finding, if applicable This is not a repeat finding. Recommendation We recommend that the District ensure timely filing of the Single Audit reporting package with the Federal Audit Clearinghouse. Views of Responsible Officials The District accepts the finding. Procedures have been established to ensure all filings are done timely.
Finding 2022-002: Late Issuance of the 2022 Single Audit Reporting Package Federal Programs Applicable to all assistance listing numbers (ALN?s) and federal agencies (and pass-through entities) included on the accompanying schedule of expenditures of federal awards for the year ended June 30, 2022. Finding The District?s fiscal year 2022 Single Audit package was not submitted to the Federal Audit Clearinghouse within the required time period. Criteria Uniform Guidance 2 CFR 200.512(a) requires that each organization?s audit must be completed and the data collection form and reporting package should be submitted within the earlier of 30 days after receipt of the auditor?s report or nine months after the end of the audit period. Condition The Single Audit package for the District?s fiscal year ended June 30, 2022 should have been submitted to the Federal Audit Clearinghouse by March 31, 2023. Cause This was due to transition in the District?s Treasurer function in fiscal year 2022. Pension information, state grants, e-rate, and voided check transactions caused a net balance due from the Thornton Township School Treasurer that should have been included in the timely reconciliation of pooled cash and investments. Effect Noncompliance with the requirements of Uniform Guidance. Questioned Costs None Context The June 30, 2022 Single Audit package. Identification as a repeat finding, if applicable This is not a repeat finding. Recommendation We recommend that the District ensure timely filing of the Single Audit reporting package with the Federal Audit Clearinghouse. Views of Responsible Officials The District accepts the finding. Procedures have been established to ensure all filings are done timely.
Finding 2022-002: Late Issuance of the 2022 Single Audit Reporting Package Federal Programs Applicable to all assistance listing numbers (ALN?s) and federal agencies (and pass-through entities) included on the accompanying schedule of expenditures of federal awards for the year ended June 30, 2022. Finding The District?s fiscal year 2022 Single Audit package was not submitted to the Federal Audit Clearinghouse within the required time period. Criteria Uniform Guidance 2 CFR 200.512(a) requires that each organization?s audit must be completed and the data collection form and reporting package should be submitted within the earlier of 30 days after receipt of the auditor?s report or nine months after the end of the audit period. Condition The Single Audit package for the District?s fiscal year ended June 30, 2022 should have been submitted to the Federal Audit Clearinghouse by March 31, 2023. Cause This was due to transition in the District?s Treasurer function in fiscal year 2022. Pension information, state grants, e-rate, and voided check transactions caused a net balance due from the Thornton Township School Treasurer that should have been included in the timely reconciliation of pooled cash and investments. Effect Noncompliance with the requirements of Uniform Guidance. Questioned Costs None Context The June 30, 2022 Single Audit package. Identification as a repeat finding, if applicable This is not a repeat finding. Recommendation We recommend that the District ensure timely filing of the Single Audit reporting package with the Federal Audit Clearinghouse. Views of Responsible Officials The District accepts the finding. Procedures have been established to ensure all filings are done timely.
Finding 2022-002: Late Issuance of the 2022 Single Audit Reporting Package Federal Programs Applicable to all assistance listing numbers (ALN?s) and federal agencies (and pass-through entities) included on the accompanying schedule of expenditures of federal awards for the year ended June 30, 2022. Finding The District?s fiscal year 2022 Single Audit package was not submitted to the Federal Audit Clearinghouse within the required time period. Criteria Uniform Guidance 2 CFR 200.512(a) requires that each organization?s audit must be completed and the data collection form and reporting package should be submitted within the earlier of 30 days after receipt of the auditor?s report or nine months after the end of the audit period. Condition The Single Audit package for the District?s fiscal year ended June 30, 2022 should have been submitted to the Federal Audit Clearinghouse by March 31, 2023. Cause This was due to transition in the District?s Treasurer function in fiscal year 2022. Pension information, state grants, e-rate, and voided check transactions caused a net balance due from the Thornton Township School Treasurer that should have been included in the timely reconciliation of pooled cash and investments. Effect Noncompliance with the requirements of Uniform Guidance. Questioned Costs None Context The June 30, 2022 Single Audit package. Identification as a repeat finding, if applicable This is not a repeat finding. Recommendation We recommend that the District ensure timely filing of the Single Audit reporting package with the Federal Audit Clearinghouse. Views of Responsible Officials The District accepts the finding. Procedures have been established to ensure all filings are done timely.
Finding 2022-002: Late Issuance of the 2022 Single Audit Reporting Package Federal Programs Applicable to all assistance listing numbers (ALN?s) and federal agencies (and pass-through entities) included on the accompanying schedule of expenditures of federal awards for the year ended June 30, 2022. Finding The District?s fiscal year 2022 Single Audit package was not submitted to the Federal Audit Clearinghouse within the required time period. Criteria Uniform Guidance 2 CFR 200.512(a) requires that each organization?s audit must be completed and the data collection form and reporting package should be submitted within the earlier of 30 days after receipt of the auditor?s report or nine months after the end of the audit period. Condition The Single Audit package for the District?s fiscal year ended June 30, 2022 should have been submitted to the Federal Audit Clearinghouse by March 31, 2023. Cause This was due to transition in the District?s Treasurer function in fiscal year 2022. Pension information, state grants, e-rate, and voided check transactions caused a net balance due from the Thornton Township School Treasurer that should have been included in the timely reconciliation of pooled cash and investments. Effect Noncompliance with the requirements of Uniform Guidance. Questioned Costs None Context The June 30, 2022 Single Audit package. Identification as a repeat finding, if applicable This is not a repeat finding. Recommendation We recommend that the District ensure timely filing of the Single Audit reporting package with the Federal Audit Clearinghouse. Views of Responsible Officials The District accepts the finding. Procedures have been established to ensure all filings are done timely.
Finding 2022-002: Late Issuance of the 2022 Single Audit Reporting Package Federal Programs Applicable to all assistance listing numbers (ALN?s) and federal agencies (and pass-through entities) included on the accompanying schedule of expenditures of federal awards for the year ended June 30, 2022. Finding The District?s fiscal year 2022 Single Audit package was not submitted to the Federal Audit Clearinghouse within the required time period. Criteria Uniform Guidance 2 CFR 200.512(a) requires that each organization?s audit must be completed and the data collection form and reporting package should be submitted within the earlier of 30 days after receipt of the auditor?s report or nine months after the end of the audit period. Condition The Single Audit package for the District?s fiscal year ended June 30, 2022 should have been submitted to the Federal Audit Clearinghouse by March 31, 2023. Cause This was due to transition in the District?s Treasurer function in fiscal year 2022. Pension information, state grants, e-rate, and voided check transactions caused a net balance due from the Thornton Township School Treasurer that should have been included in the timely reconciliation of pooled cash and investments. Effect Noncompliance with the requirements of Uniform Guidance. Questioned Costs None Context The June 30, 2022 Single Audit package. Identification as a repeat finding, if applicable This is not a repeat finding. Recommendation We recommend that the District ensure timely filing of the Single Audit reporting package with the Federal Audit Clearinghouse. Views of Responsible Officials The District accepts the finding. Procedures have been established to ensure all filings are done timely.
Finding 2022-002: Late Issuance of the 2022 Single Audit Reporting Package Federal Programs Applicable to all assistance listing numbers (ALN?s) and federal agencies (and pass-through entities) included on the accompanying schedule of expenditures of federal awards for the year ended June 30, 2022. Finding The District?s fiscal year 2022 Single Audit package was not submitted to the Federal Audit Clearinghouse within the required time period. Criteria Uniform Guidance 2 CFR 200.512(a) requires that each organization?s audit must be completed and the data collection form and reporting package should be submitted within the earlier of 30 days after receipt of the auditor?s report or nine months after the end of the audit period. Condition The Single Audit package for the District?s fiscal year ended June 30, 2022 should have been submitted to the Federal Audit Clearinghouse by March 31, 2023. Cause This was due to transition in the District?s Treasurer function in fiscal year 2022. Pension information, state grants, e-rate, and voided check transactions caused a net balance due from the Thornton Township School Treasurer that should have been included in the timely reconciliation of pooled cash and investments. Effect Noncompliance with the requirements of Uniform Guidance. Questioned Costs None Context The June 30, 2022 Single Audit package. Identification as a repeat finding, if applicable This is not a repeat finding. Recommendation We recommend that the District ensure timely filing of the Single Audit reporting package with the Federal Audit Clearinghouse. Views of Responsible Officials The District accepts the finding. Procedures have been established to ensure all filings are done timely.
Finding 2022-002: Late Issuance of the 2022 Single Audit Reporting Package Federal Programs Applicable to all assistance listing numbers (ALN?s) and federal agencies (and pass-through entities) included on the accompanying schedule of expenditures of federal awards for the year ended June 30, 2022. Finding The District?s fiscal year 2022 Single Audit package was not submitted to the Federal Audit Clearinghouse within the required time period. Criteria Uniform Guidance 2 CFR 200.512(a) requires that each organization?s audit must be completed and the data collection form and reporting package should be submitted within the earlier of 30 days after receipt of the auditor?s report or nine months after the end of the audit period. Condition The Single Audit package for the District?s fiscal year ended June 30, 2022 should have been submitted to the Federal Audit Clearinghouse by March 31, 2023. Cause This was due to transition in the District?s Treasurer function in fiscal year 2022. Pension information, state grants, e-rate, and voided check transactions caused a net balance due from the Thornton Township School Treasurer that should have been included in the timely reconciliation of pooled cash and investments. Effect Noncompliance with the requirements of Uniform Guidance. Questioned Costs None Context The June 30, 2022 Single Audit package. Identification as a repeat finding, if applicable This is not a repeat finding. Recommendation We recommend that the District ensure timely filing of the Single Audit reporting package with the Federal Audit Clearinghouse. Views of Responsible Officials The District accepts the finding. Procedures have been established to ensure all filings are done timely.
Finding 2022-002: Late Issuance of the 2022 Single Audit Reporting Package Federal Programs Applicable to all assistance listing numbers (ALN?s) and federal agencies (and pass-through entities) included on the accompanying schedule of expenditures of federal awards for the year ended June 30, 2022. Finding The District?s fiscal year 2022 Single Audit package was not submitted to the Federal Audit Clearinghouse within the required time period. Criteria Uniform Guidance 2 CFR 200.512(a) requires that each organization?s audit must be completed and the data collection form and reporting package should be submitted within the earlier of 30 days after receipt of the auditor?s report or nine months after the end of the audit period. Condition The Single Audit package for the District?s fiscal year ended June 30, 2022 should have been submitted to the Federal Audit Clearinghouse by March 31, 2023. Cause This was due to transition in the District?s Treasurer function in fiscal year 2022. Pension information, state grants, e-rate, and voided check transactions caused a net balance due from the Thornton Township School Treasurer that should have been included in the timely reconciliation of pooled cash and investments. Effect Noncompliance with the requirements of Uniform Guidance. Questioned Costs None Context The June 30, 2022 Single Audit package. Identification as a repeat finding, if applicable This is not a repeat finding. Recommendation We recommend that the District ensure timely filing of the Single Audit reporting package with the Federal Audit Clearinghouse. Views of Responsible Officials The District accepts the finding. Procedures have been established to ensure all filings are done timely.
Finding 2022-002: Late Issuance of the 2022 Single Audit Reporting Package Federal Programs Applicable to all assistance listing numbers (ALN?s) and federal agencies (and pass-through entities) included on the accompanying schedule of expenditures of federal awards for the year ended June 30, 2022. Finding The District?s fiscal year 2022 Single Audit package was not submitted to the Federal Audit Clearinghouse within the required time period. Criteria Uniform Guidance 2 CFR 200.512(a) requires that each organization?s audit must be completed and the data collection form and reporting package should be submitted within the earlier of 30 days after receipt of the auditor?s report or nine months after the end of the audit period. Condition The Single Audit package for the District?s fiscal year ended June 30, 2022 should have been submitted to the Federal Audit Clearinghouse by March 31, 2023. Cause This was due to transition in the District?s Treasurer function in fiscal year 2022. Pension information, state grants, e-rate, and voided check transactions caused a net balance due from the Thornton Township School Treasurer that should have been included in the timely reconciliation of pooled cash and investments. Effect Noncompliance with the requirements of Uniform Guidance. Questioned Costs None Context The June 30, 2022 Single Audit package. Identification as a repeat finding, if applicable This is not a repeat finding. Recommendation We recommend that the District ensure timely filing of the Single Audit reporting package with the Federal Audit Clearinghouse. Views of Responsible Officials The District accepts the finding. Procedures have been established to ensure all filings are done timely.
Finding 2022-002: Late Issuance of the 2022 Single Audit Reporting Package Federal Programs Applicable to all assistance listing numbers (ALN?s) and federal agencies (and pass-through entities) included on the accompanying schedule of expenditures of federal awards for the year ended June 30, 2022. Finding The District?s fiscal year 2022 Single Audit package was not submitted to the Federal Audit Clearinghouse within the required time period. Criteria Uniform Guidance 2 CFR 200.512(a) requires that each organization?s audit must be completed and the data collection form and reporting package should be submitted within the earlier of 30 days after receipt of the auditor?s report or nine months after the end of the audit period. Condition The Single Audit package for the District?s fiscal year ended June 30, 2022 should have been submitted to the Federal Audit Clearinghouse by March 31, 2023. Cause This was due to transition in the District?s Treasurer function in fiscal year 2022. Pension information, state grants, e-rate, and voided check transactions caused a net balance due from the Thornton Township School Treasurer that should have been included in the timely reconciliation of pooled cash and investments. Effect Noncompliance with the requirements of Uniform Guidance. Questioned Costs None Context The June 30, 2022 Single Audit package. Identification as a repeat finding, if applicable This is not a repeat finding. Recommendation We recommend that the District ensure timely filing of the Single Audit reporting package with the Federal Audit Clearinghouse. Views of Responsible Officials The District accepts the finding. Procedures have been established to ensure all filings are done timely.
Finding 2022-002: Late Issuance of the 2022 Single Audit Reporting Package Federal Programs Applicable to all assistance listing numbers (ALN?s) and federal agencies (and pass-through entities) included on the accompanying schedule of expenditures of federal awards for the year ended June 30, 2022. Finding The District?s fiscal year 2022 Single Audit package was not submitted to the Federal Audit Clearinghouse within the required time period. Criteria Uniform Guidance 2 CFR 200.512(a) requires that each organization?s audit must be completed and the data collection form and reporting package should be submitted within the earlier of 30 days after receipt of the auditor?s report or nine months after the end of the audit period. Condition The Single Audit package for the District?s fiscal year ended June 30, 2022 should have been submitted to the Federal Audit Clearinghouse by March 31, 2023. Cause This was due to transition in the District?s Treasurer function in fiscal year 2022. Pension information, state grants, e-rate, and voided check transactions caused a net balance due from the Thornton Township School Treasurer that should have been included in the timely reconciliation of pooled cash and investments. Effect Noncompliance with the requirements of Uniform Guidance. Questioned Costs None Context The June 30, 2022 Single Audit package. Identification as a repeat finding, if applicable This is not a repeat finding. Recommendation We recommend that the District ensure timely filing of the Single Audit reporting package with the Federal Audit Clearinghouse. Views of Responsible Officials The District accepts the finding. Procedures have been established to ensure all filings are done timely.
Finding 2022-002: Late Issuance of the 2022 Single Audit Reporting Package Federal Programs Applicable to all assistance listing numbers (ALN?s) and federal agencies (and pass-through entities) included on the accompanying schedule of expenditures of federal awards for the year ended June 30, 2022. Finding The District?s fiscal year 2022 Single Audit package was not submitted to the Federal Audit Clearinghouse within the required time period. Criteria Uniform Guidance 2 CFR 200.512(a) requires that each organization?s audit must be completed and the data collection form and reporting package should be submitted within the earlier of 30 days after receipt of the auditor?s report or nine months after the end of the audit period. Condition The Single Audit package for the District?s fiscal year ended June 30, 2022 should have been submitted to the Federal Audit Clearinghouse by March 31, 2023. Cause This was due to transition in the District?s Treasurer function in fiscal year 2022. Pension information, state grants, e-rate, and voided check transactions caused a net balance due from the Thornton Township School Treasurer that should have been included in the timely reconciliation of pooled cash and investments. Effect Noncompliance with the requirements of Uniform Guidance. Questioned Costs None Context The June 30, 2022 Single Audit package. Identification as a repeat finding, if applicable This is not a repeat finding. Recommendation We recommend that the District ensure timely filing of the Single Audit reporting package with the Federal Audit Clearinghouse. Views of Responsible Officials The District accepts the finding. Procedures have been established to ensure all filings are done timely.
Finding 2022-002: Late Issuance of the 2022 Single Audit Reporting Package Federal Programs Applicable to all assistance listing numbers (ALN?s) and federal agencies (and pass-through entities) included on the accompanying schedule of expenditures of federal awards for the year ended June 30, 2022. Finding The District?s fiscal year 2022 Single Audit package was not submitted to the Federal Audit Clearinghouse within the required time period. Criteria Uniform Guidance 2 CFR 200.512(a) requires that each organization?s audit must be completed and the data collection form and reporting package should be submitted within the earlier of 30 days after receipt of the auditor?s report or nine months after the end of the audit period. Condition The Single Audit package for the District?s fiscal year ended June 30, 2022 should have been submitted to the Federal Audit Clearinghouse by March 31, 2023. Cause This was due to transition in the District?s Treasurer function in fiscal year 2022. Pension information, state grants, e-rate, and voided check transactions caused a net balance due from the Thornton Township School Treasurer that should have been included in the timely reconciliation of pooled cash and investments. Effect Noncompliance with the requirements of Uniform Guidance. Questioned Costs None Context The June 30, 2022 Single Audit package. Identification as a repeat finding, if applicable This is not a repeat finding. Recommendation We recommend that the District ensure timely filing of the Single Audit reporting package with the Federal Audit Clearinghouse. Views of Responsible Officials The District accepts the finding. Procedures have been established to ensure all filings are done timely.
Finding 2022-002: Late Issuance of the 2022 Single Audit Reporting Package Federal Programs Applicable to all assistance listing numbers (ALN?s) and federal agencies (and pass-through entities) included on the accompanying schedule of expenditures of federal awards for the year ended June 30, 2022. Finding The District?s fiscal year 2022 Single Audit package was not submitted to the Federal Audit Clearinghouse within the required time period. Criteria Uniform Guidance 2 CFR 200.512(a) requires that each organization?s audit must be completed and the data collection form and reporting package should be submitted within the earlier of 30 days after receipt of the auditor?s report or nine months after the end of the audit period. Condition The Single Audit package for the District?s fiscal year ended June 30, 2022 should have been submitted to the Federal Audit Clearinghouse by March 31, 2023. Cause This was due to transition in the District?s Treasurer function in fiscal year 2022. Pension information, state grants, e-rate, and voided check transactions caused a net balance due from the Thornton Township School Treasurer that should have been included in the timely reconciliation of pooled cash and investments. Effect Noncompliance with the requirements of Uniform Guidance. Questioned Costs None Context The June 30, 2022 Single Audit package. Identification as a repeat finding, if applicable This is not a repeat finding. Recommendation We recommend that the District ensure timely filing of the Single Audit reporting package with the Federal Audit Clearinghouse. Views of Responsible Officials The District accepts the finding. Procedures have been established to ensure all filings are done timely.
Finding 2022-002: Late Issuance of the 2022 Single Audit Reporting Package Federal Programs Applicable to all assistance listing numbers (ALN?s) and federal agencies (and pass-through entities) included on the accompanying schedule of expenditures of federal awards for the year ended June 30, 2022. Finding The District?s fiscal year 2022 Single Audit package was not submitted to the Federal Audit Clearinghouse within the required time period. Criteria Uniform Guidance 2 CFR 200.512(a) requires that each organization?s audit must be completed and the data collection form and reporting package should be submitted within the earlier of 30 days after receipt of the auditor?s report or nine months after the end of the audit period. Condition The Single Audit package for the District?s fiscal year ended June 30, 2022 should have been submitted to the Federal Audit Clearinghouse by March 31, 2023. Cause This was due to transition in the District?s Treasurer function in fiscal year 2022. Pension information, state grants, e-rate, and voided check transactions caused a net balance due from the Thornton Township School Treasurer that should have been included in the timely reconciliation of pooled cash and investments. Effect Noncompliance with the requirements of Uniform Guidance. Questioned Costs None Context The June 30, 2022 Single Audit package. Identification as a repeat finding, if applicable This is not a repeat finding. Recommendation We recommend that the District ensure timely filing of the Single Audit reporting package with the Federal Audit Clearinghouse. Views of Responsible Officials The District accepts the finding. Procedures have been established to ensure all filings are done timely.