Finding Text
Data Collection Form Finding -Criteria : 2 CFR 200.512(a) requires that the data collection form and reporting package 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.
Condition : The Organization’s data collection form for the year ended June 30, 2023 will be filed after the March 30, 2024 nine month deadline, making it a late filing.
Cause : Inaccuracies of the SEFA resulted in delays in completion of the Single Audit and data collection form filing.
Effect : Late filing will result in the Organization not meeting the low-risk auditee criteria for the audit of the year ended June 30, 2024.
Recommendation : We recommend that management put controls in place over the preparation and review of the schedule of expenditures of federal awards to ensure that only (and all) federal expenditures are included.
Views of Responsible Officials and Planned Corrective Actions : The Organization has reorganized and expanded the internal finance team to allow for more capacity to prepare an accurate SEFA and to provide requested audit documentation in a timely manner. The Organization accepts the recommendation.