Finding 1145467 (2024-001)

Finding No. 2024-001 – Late Submission of 2023 Data Collection Form to the FAC Criteria: Under 2 CFR §200.512, auditees are required to submit the reporting package, including the Single Audit report, to the Federal Audit Clearinghouse (FAC) within 30 calendar days of receiving the auditor’s report and no later than nine months after the end of the fiscal year. Condition and context: The Organization did not submit its 2023 Single Audit reporting package to the FAC within the required timeframe. The submission occurred after the nine-month deadline. Cause: Management oversight and misunderstanding of the final submission process requirements contributed to the delay in submitting the Single Audit package to the FAC. Effect: The Organization was not in compliance with the federal reporting requirements and could potentially jeopardize its low-risk auditee status for future periods. Questioned Costs: None. Identification as a Repeat Finding: N/A. Recommendation: We recommend that management implement procedures to ensure that all required audit reporting packages are reviewed, completed, and submitted to the FAC timely in accordance with Uniform Guidance requirements. Views of Responsible Official: Management agrees with the finding. See Corrective Action Plan.