FAC Explorer

Finding 1089 (2022-001)

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Requirement
P
Questioned Costs
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Year
2022
Accepted
2023-11-01
Audit: 2095
Organization: Liberty Resources, Inc. (PA)
Auditor: Baratz & Associates P A

AI Summary

  • Core Issue: Liberty Resources, Inc. failed to file the data collection form by the March 31, 2023 deadline.
  • Impacted Requirements: This non-compliance affects adherence to the Single Audit reporting requirements under Uniform Guidance.
  • Recommended Follow-Up: Implement procedures to ensure timely completion of Single Audit financial statements for future compliance.

Finding Text

2022-001 Untimely Filing of the Data Collection Form Criteria: Under the requirements of the Uniform Guidance (Single Audit), the recipient must file the date collection form by March 31, 2023 for the year ended June 30, 2022. Condition: The data collection form was not filed by March 31, 2023. Effect: Liberty Resources, Inc. is not in compliance with the Single Audit reporting requirements. Cause: Liberty Resources, Inc. did not have procedures in place to ensure that the single audit financial statements were completed in a timely manner. Recommendation: We recommend that Liberty Resources, Inc. complete the Single Audit financial statements in a timely manner to ensure that the data collections form can be submitted in compliance with the Single Audit requirements. View of responsible officials: Management’s objectives include timely filing of all regulatory and financial reports. Extenuating circumstances caused a significant delay in submitting fiscal year 2022 reports in a timely manner. Every effort is being made to file timely in the future.

Corrective Action Plan

Name of the contact person responsible for corrective action: Glenn Seagraves, CFO Corrective Action Plan: The delay in fling was the result of significant staff turnover in Liberty Resources Inc.'s finance department producing the Organization's financial statements and the limited availability of other resources to assist in the preparation of the financial statements. The Organization has developed and implemented a staffing plan that has adjusted the responsibilities of existing staff and has also hired new additional staff since the end of the June 30, 2022 fiscal year. Anticipated completion date: The plan has been implemented and will continue to be monitored to ensure the Organization's ability to complete the Single Audit financial statements in a timely manner and that the data collection form can be submitted in compliance with the Single Audit requirements.

Categories

Reporting

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
93.498 Covid-19 - Provider Relief Fund $2.69M
93.778 Medical Assistance Program $158,139
93.432 Acl Centers for Independent Living $152,911
14.218 Community Development Block Grants/entitlement Grants $110,908
14.218 Covid-19 - Community Development Block Grants/entitlement Grants $70,000
93.432 Covid-19 - Acl Centers for Independent Living $32,904