Finding Text
Finding 2022 – 005: Reporting – Late Data Collection Form Submission Criteria: Uniform Guidance requires an entity expending more than $750,000 of federal funds within a fiscal year to have the data collection form and reporting package submitted within nine months after the end of the audit period. Condition: The School District’s audited financial statements were not submitted to the Federal Audit Clearinghouse by the due date of March 31, 2023. Questioned Costs: None. Cause: A lack of timely general ledger reconciliations contributed to the failure to timely file reports. Effect: The School District is not in compliance with the reporting requirements set forth in the Compliance Supplement which could lead to sanctions by the funding sources. Recommendation: We recommend that the School District implement procedures to ensure submission of the data collection form and reporting package to the federal audit clearinghouse within the nine-month due date. Views of Responsible Officials: See the corrective action plan that accompanies the schedule of findings and questioned costs.