Finding Text
Condition - The Company has not submitted Form SF-SAC to the Federal Audit Clearinghouse for the years ended June 30, 2023 and 2022.
Criteria - According to Uniform Guidance compliance requitements, the audit package and the data collection form shall be submitted 30 days after receipt of the auditor’s report, or 9 months after the end of the fiscal year, whichever comes first.
Effect - The Company was not in compliance with the above Uniform Guidance compliance requirement.
Cause - Management was not able to obtain a Unique Entity Identifier (UEI) number for the Company.
Recommendation - We recommend that management register the Company for a UEI number with the Federal Audit Clearinghouse so that future submissions of Form SF-SAC can be submitted.
Management’s Reply - (a) Comments on the finding and recommendation: Management agrees with the finding. Management also agrees with the recommendation, please see below for action taken.
(b) Action taken: Management has registered for and received a Unique Entity Identifier number with the Federal Clearinghouse as of May 10, 2024.