Answer: The School missed the deadline for submitting the Single Audit Package.
Trend: Timely submissions have been inconsistent, raising concerns about compliance.
List: Follow up by reviewing submission processes and implementing reminders for future deadlines.
Finding Text
The Single Audit Package for the School's fiscal year ended December 31, 2023 did not submit to the Federal Audit Clearinghouse within the required time frame.
Corrective Action Plan
The School already has implemented a formal process to work with outside auditor to develop an appropriate time line for the completion of future audits on schedule that allows for timely filing of the Single Audit.