Finding Text
The following items are considered to be material weaknesses:
2024-02 Data Collection Form Submission
Condition:
The single audit reporting package and data collection form were not able to be completed in time to submit to the Federal Audit Clearinghouse within nine months after the end of the audit period.
Criteria:
OMB’s Uniform Guidance requires the electronic submission of the single audit reporting package and data collection form to the Federal Audit Clearinghouse the earlier of (1) nine months after the Organization’s fiscal year-end or (2) 30 days after receiving the auditors’ report.
Cause:
Due to delays encountered in completing the FY2021 audit, the start of each of the audits for the following two years could not be scheduled on a timely basis primarily due to scheduling conflicts and capacity constraints with the prior audit form engaged to perform
the audits. This is a repeat of fiscal year 2023’s finding.
Effect:
The Organization is not in compliance with OMB’s Uniform Guidance reporting requirement.
Recommendation:
Management should continue to improve upon the procedures already implemented and to continue to strengthen existing controls to ensure that each year’s audit can be planned and performed in a timely manner to enable the Organization to meet all reporting deadlines and requirements.
Management’s Response:
The Organization agrees with this finding and will adhere to the corrective action as detailed in the attached Corrective Action Plan.