Finding 1086224 (2022-001)

Finding 2022-001: Late Submission of Single Audit Report Criteria: According to 2 CFR 200.512(a), the Single Audit report must be submitted within nine months after the end of the fiscal year. Condition: The Single Audit report for the fiscal year ended June 30, 2022, was not submitted on or prior to March 31, 2023, which was the nine-month deadline for report submission. Cause: The delay was due to management being unaware of the single audit submission requirements since management had not received funds requiring submission of a single audit in previous years. Effect: The late submission constitutes non-compliance with federal audit requirements, which may affect the Organization’s eligibility for future federal funding and could result in penalties or increased scrutiny from federal agencies. Questioned Costs: None Repeat Finding: No Recommendation: It is recommended that the Organization: 1. Strengthen its internal controls to ensure timely completion and submission of the Single Audit report. 2. Implement a monitoring system to track audit progress and deadlines. View of Responsible Official: See Corrective Action Plan