Finding Text
Finding No. 2023-003: Annual Audit Submission – Significant Deficiency
Assistance Listing Program Title and Number: All
Federal Agency: All
Criteria
As per the Code of Federal Regulations, Section 200.512 - Report Submission, the audit must be completed and the data collection form and reporting package must be
submitted within the earlier of 30 calendar days after receipt of the auditors’ report, or nine months after the end of the audit period. The due date for the submission was
September 30, 2024.
Condition
The audit and reporting package were not submitted by the due date September 30, 2024.
Cause
The Organization was not able to complete the financial statements and federal singleaudit by the extended due date.
Effect
The audit and federal reporting package were not filed on time.
Questioned Costs
None.
Context
The financial statements and federal single audit were not able to be completed by the due date.
Recommendation
We recommend that all necessary efforts be taken to ensure timely submission of the audit and financial reporting package.
Management’s Response/View of Responsible Officials
Management agrees with the auditors' findings. Management will meet timeliness standards
in subsequent years.