Finding 1159680 (2023-003)

Material Weakness Repeat Finding
Requirement
L
Questioned Costs
-
Year
2023
Accepted
2025-10-01

AI Summary

  • Core Issue: The Organization failed to file the required data collection form by the deadline due to audit delays.
  • Impacted Requirements: Compliance with federal funding filing requirements was not met, risking potential funding issues.
  • Recommended Follow-Up: Implement procedures to ensure timely filing of all required documents related to federal funding.

Finding Text

Finding #2023-003 Repeat Finding: No Condition: During the course of the audit, we determined that the Organization did not file data collection form for the year ended December 31, 2023 within the required timeframe. Criteria: The data collection form is required to be filed within nine months of the Organization’s year end. Cause: The 2023 audit and compliance examination was not completed in time due to delays in finalizing the audit.. Effect: The Organization did not comply with the filing requirements relating to the federal funding it received. Perspective Information: The audit commenced in July 2024; however, there were issues and delays resulting in the audit not being completed in time to meet the filing deadline of the data collection form. Recommendation: We recommend the Organization implement procedures to ensure the filing requirements in relation to federal funding are adhered to. Reporting Views of Responsible Officials: The Organization agrees with the finding. The Organization engaged a firm to perform the audit with the intent of completing and submitting the audit within the requirement timeframe. Due to unforeseen issues, the completion of the audit was delayed.

Corrective Action Plan

The Organization acknowledges the delay in completing the 2023 audit and compliance reporting. To prevent recurrence, the Organization has engaged its auditors earlier in the fiscal year and established an internal timeline that includes interim fieldwork, earlier preparation of supporting documentation, and regular check-ins with the audit firm. The Finance Department will monitor progress against this schedule and report status updates to the Audit/Finance Committee of the Board. These steps are intended to ensure all future audits and compliance filings are completed within required deadlines.

Categories

Reporting

Other Findings in this Audit

  • 1159681 2023-004
    Material Weakness Repeat
  • 1159682 2023-005
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
21.027 Coronavirus State and Local Fiscal Recovery Funds $1.07M