Finding Text
Criteria: Uniform Guidance requires that the City’s annual audit package and data collection form are required to be submitted to the federal audit clearinghouse within 30 days after receipt of the auditor’s reports or 9 months after the end of the City’s fiscal year, whichever comes first.
Condition: The City’s audit package and data collection form for the years ended September 30, 2023 and 2022, were not submitted timely to the federal audit clearinghouse.
Cause: Employee turnover at the City delayed the completion of the City’s annual audits.
Context: See “Condition” above.
Possible or Known Effect: Failure to submit the annual audit package and data collection form to the federal audit clearinghouse in a timely manner resulted in the auditee being a high-risk auditee for fiscal years 2023 and 2024. This could also result in a loss of future grant funding.
Questioned costs: None
Identification as a repeat finding, if applicable: Repeat of finding IC 2022-002
Recommendation: We recommend that the City establish internal control policies and procedures to allow for the timely submission of the City’s annual audit package and data collection form to the federal audit clearinghouse on an ongoing basis. Views of Responsible Officials and Planned Corrective Action: Management accepts the finding and recommendation. During fiscal year 2023, the finance department hired additional personnel to assist with the completion of the year-end closing processes and procedures. We have discussed with employees the importance of timely submission of the City’s annual audit package and data collection form to the federal audit clearinghouse on an ongoing basis