Finding Text
Criteria: The Coalition is required to complete annual financial reports within 90 days of
the reporting period.
Condition: The annual financial reports were not submitted until 95 days after the due
date.
Questioned Costs: None.
Context: Three of three annual financial reports were submitted late.
Cause and Effect: Internal controls are not in place to ensure that the required annual
financial reports are submitted timely.
Auditors’ Recommendations: Implement a process that ensures all reports are
submitted timely to the appropriate granting agency.
Management’s Response: Management acknowledges the audit finding and has
implemented a structured procedure to enhance compliance with funding timelines and
reporting deadlines. As part of this process, all relevant reports and due dates are
identified, documented, and added to the appropriate team members calendars and
maintained throughout the fiscal year. Management is committed to ongoing monitoring
and continuous improvement of this process to maintain transparency and regulatory
compliance.