Finding Text
Finding 2024-004: Material Weakness - Noncompliance in Reporting
Condition: The Facility’s internal control over compliance related to reporting were not effective. The Facility did not have a single audit in accordance with the Uniform Guidance completed for the year ended December 31, 2023 and related data collection form submitted to the Federal Audit Clearinghouse website by the September 30, 2024, deadline.
Criteria: Non-federal entities with USDA and USDA guaranteed loans of $750,000 or greater are required to undergo a single audit in accordance with the Uniform Guidance (2 CFR Part 200, Subpart F).
Cause: Internal controls over audit report and data collection form submission were not operating effectively.
Effect: The Facility did not submit the audit report and data collection form to the Federal Audit Clearinghouse by the due date of September 30, 2024.
Recommendation: We recommend management put processes in place over reporting to ensure timely submission of the audit report and data collection form.
View of responsible officials: Management will put processes into place to ensure an auditor is engaged to complete a single audit in accordance with the Uniform Guidance to complete timely submission to the Federal Audit Clearinghouse of the audit report and data collection form.