Finding Text
Noncompliance/Material Weakness Criteria and Condition: Under 45 CFR Part 75.512, the Uniform Guidance requires that audits are submitted earlier of 30 calendar days after receipt of the auditor's report or nine months after the end of the audit period. Northeast Iowa Workforce Development Board did not complete and submit their audit for the year ended June 30, 2024 to the federal clearinghouse until after the March 31, 2025 deadline. Cause: The audit did not commence until after ther nine-month submission deadline had passed. Effect or potential effect: The late filing could potentially impact future funding from government agencies. Questioned Costs: None. Context: The June 30, 2024 single audit reporting package was filed late with the Federal Audit Clearinghouse. Recommendation: We recommend management implement processes and controls that will ensure future audits are completed and submitted timely. Response: Management will ensure all requested information is available for the auditor in order to facilitate timely completion of the audit by March 31. Conclusion: Response accepted.