Finding Text
Identification of Federal Program:
U.S. Small Business Administration
Assistance Listing Number: 59.075
Assistance Listing Name: COVID-19 Shuttered Venue Operators Grant
Criteria or Specific Requirement: In accordance with 2 CFR 200.512(a)(1), the audit must be completed and the data collection form and reporting package must be submitted within the earlier of 30 calendar days after receipt of the auditor’s report, or nine months after the end of the audit period. OMB waived the 30-day requirement for fiscal periods ending between January 1, 2022 and October 31, 2022 and noted those would be considered timely filed if submitted within nine months after year end.
Condition: The reporting package and data collection form for the year ended May 31, 2022, was not filed with the Federal Audit Clearinghouse by the OMB extended deadline of February 2023.
Cause: The Organization’s Uniform Guidance Audit for the year ended May 31, 2022, was delayed as a result changes in staffing at the Organization as well this being the first year the Organization has had to undergo a single audit.
Effect or Potential Effect: Untimely reporting could affect funding from government agencies.
Questioned Costs: None noted.
Context: This was a condition noted per review of the Organization’s compliance with reporting requirements.
Recommendation: We recommend earlier preparation and engagement in relation to the single audit to ensure that the data collection form and reporting package are submitted by the required deadline for future federal funding.
Views of Responsible Officials:
The Organization acknowledges the Uniform Guidance Audit for the year ended May 31, 2022 was not submitted on time to the Federal Audit Clearinghouse. The delay in submission was due to staffing changes and shortages, along with this being the first year the Organization has undergone a single audit. The Uniform Guidance Audit for the year May 31, 2022 is now completed and the Organization will submit the report promptly to the Federal Audit Clearinghouse.