Finding Text
Condition For the year ended June 30, 2023, the Organization did not submit their federal single audit no later than nine months after the year-end. Criteria The federal single audit is required to be submitted no later than nine months after the year-end. Cause There were financial reporting challenges during the year which did not allow for accumulation of the required information to complete the audit timely. Effect The Organization could be at risk for loss of funding if the single audit requirements are not met. Recommendation We recommend that the Organization accumulate the required information during the year and perform reconciliations in a timely manner to facilitate timely reporting. Management’s Response The Organization is working on improving its processes in order to meet the reporting requirements. Anticipated Completion Date This finding will not completely resolve itself given the cost/benefits basis the Organization continues to make. Responsible Official Nicole Matson, Interim Executive Director