Finding 1102362 (2023-002)

Section III - Findings and questioned costs relating to Federal awards: 2023-002 – Submission of single audit reporting package. Criteria – The single audit reporting package is due to the Federal Audit Clearinghouse within nine months after year end. Condition – The single audit reporting package was not submitted within this timeframe. Questioned costs - $-0- Context – Single audit requirements direct the grant recipient to comply with the filing requisites. Effect - The single audit reporting package was not submitted to the Federal Audit Clearinghouse within the timeframe which resulted in an instance of noncompliance. Cause – Due to delays in completing the financial statement audit related to the acquisition of other not-for-profit entities by the Corporation, changes in financial reporting general ledger packages, and resource limitations created by the labor market, the single audit reporting package was not submitted to the Federal Audit Clearinghouse within the timeframe. Recommendation – We recommend the Corporation file the single audit reporting package with the Federal Audit Clearinghouse. Views of Responsible Officials and Planned Corrective Actions – Management understands the due date for single audit reporting package submission to the Federal Audit Clearinghouse and will file the single audit reporting package as soon as possible.