Finding 1091974 (2022-002)

Condition – RSI did not have an audit performed timely of its major federal award programs and did not timely submit a Data Collection Form to the Federal Audit Clearinghouse for the year ended December 31, 2022. Criteria – As required under the Uniform Guidance, organizations that spend more than $750,000 of federal funds are required to have an audit in accordance with the Uniform Guidance and submit a Data Collection Form through the Federal Audit Clearinghouse within the earlier of nine months after year end or 30 days after its audit opinion date. Cause – The audit under Uniform Guidance for the year ended December 31, 2022 was not completed timely due to staff turnover. Effect – RSI did not comply with reporting regulations required by the Uniform Guidance. Recommendation – We recommend RSI enact policies and procedures to ensure that the Data Collection Form be completed and submitted to the Federal Audit Clearinghouse with the required timeframe specified by the Uniform Guidance. Management’s Response – Management has initiated policies and procedures to ensure that the required reporting regarding federal expenditures is completed in accordance with the Uniform Guidance.