Finding Text
Condition: Uniform Guidance 2 CFR 200.501 states that the audit shall be completed, and the data collection form shall be submitted within the earlier of 30 days after the receipt of the auditor’s report, or nine months after the end of the audit period. Condition: The single audit report was not submitted to the Office of Management and Budget in accordance with the reporting requirement. Cause: The delay in submission was caused by unforeseen circumstances related to the auditing firm's processes. Effect: LIN did not provide required information to its federal oversight agency in a timely manner. The Federal Clearinghouse did not have LIN’s completed audit available. Questioned Costs: None Recommendation: LIN should prepare its SEFA in a timely manner in order to meet the deadline for submission of the audit and data collection form.