Finding 1155423 (2022-010)

2022-010 Timely Submission of Audit Reports (Significant Deficiency) Criteria: According to 2 CFR §200.512, the Organization is required to submit its audit report within 30 calendar days after receipt or 9 months after the end of the audit period. Condition: The Organization’s audit report for 2022 was not completed and submitted to the Federal Audit Clearinghouse by the due date. Criteria: According to 2 CFR §200.512, the Organization is required to submit its audit report within 30 calendar days after receipt or 9 months after the end of the audit period. Cause: The Organization’s policies and procedures were not designed to ensure compliance with Uniform Guidance. Auditors were not engaged in a timely manner and information was not available to complete the audits for submission by the due dates. Effect: Findings may not be identified and corrected in a timely manner. Questioned Costs: None. Perspective: This is first year the Organization has been subject to Uniform Guidance. Repeat Finding: No. Recommendation: We recommend the Organization become familiar with the requirements of Uniform Guidance and implement policies to ensure compliance. Views of Responsible Officials: Management agrees with the finding and is working to develop proper written policies and procedures for internal control over compliance in consultation with an outside accounting firm, including timely submission of audit reports.