FAC Explorer

Finding 1103497 (2022-001)

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Requirement
P
Questioned Costs
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Year
2022
Accepted
2025-03-14
Audit: 346169
Organization: Village of Clayton, New York (NY)
Auditor: Grossman St Amour CPAS PLLC

AI Summary

  • Answer: The Village missed the deadline for submitting its single audit.
  • Trend: Timely submission of audits is crucial for compliance and transparency.
  • List: Follow up on the reasons for the delay and ensure future submissions meet the 9-month requirement.

Finding Text

The Village met the requirements for a Single Audit and is required to submit its annual financial statements and single audit reporting requuirements within 9 months of the Villages fiscal year end. The Village did not complete and submit its single audit by February 28, 2023.

Categories

Reporting

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
10.766 Community Facilities Loans and Grants $2.32M