Finding Text
Condition: Form SF-SAC Data Collection Form for Reporting on Audits of States, Local Governments, Indian Tribes, Institutions of Higher Education and Nonprofit report was filed late for fiscal year ending December 31, 2023. Criteria: The SF-SAC form is due the earlier of nine (9) months after the organization's year end or thirty (30) days after delivery of the financial statements. Cause: Delays in obtaining sufficient information caused the form to be filed late. Effect: Teh late filing of the SF-SAC caused the subsequent audit to be a non low-risk audit. Recommendation: The SF-SAC form shoudl be filed the earlier of nine (9) months after the organization's year end or thirty (30) days after delivery of the financial statements. Views of Responsible Officials and Planned Corrective Actions: The Organization is aware that the SF-SAC form shoudl be filed the earlier of nine (9) months after the Organization's year end or thirty (30) days after delivery of the financial statements. The SF-SAC for fiscal year ending December 31, 2024, was filed the earlier of none (9) months after the organization's year end.