Finding Text
2024-002 – Single Audit Report Submission – Noncompliance and Significant Deficiency in Internal Control over Compliance
Federal program information:
Funding Agency: All Major Programs
Title: All Major Programs
Assistance listing numbers: All Major Programs
Award Year and number: All Major Programs
Criteria: In According to Section 200.512(a) of the Uniform Guidance, the Single Audit 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.
Condition: PMS’ Single Audit reporting package for the year ended December 31, 2023 was prepared, however, was not officially submitted to the Federal Audit Clearinghouse within the nine months after the fiscal year end.
Known Questioned Costs Exceeding $25,000: None.
Cause and Effect: Although PMS has implemented internal controls to ensure timely and accurate financial reporting, the Single Audit reporting package was not submitted to the Federal Audit Clearinghouse. As a result, the Singe Audit reporting package was submitted after the required reporting deadline.
Recommendation: To comply with Uniform Guidance requirements, PMS should ensure the timely submission of the Single Audit reporting package within nine months after fiscal year end.
Management’s Response: PMS will coordinate with the Audit Team to schedule a walkthrough of the Federal Clearinghouse submission process within the first week after Board approval of the Audit, to ensure timely filing.