Finding Text
Late filing of required audit report. Condition: The single audit reort is required to be submitted the earlier of 30 calendar days after the auditee receives the auditor's report or nine months after the end of the audit period. The auditee failed to meet this deadline. Effect: The Organization will be a high risk auditee and funding may be delayed. Cause: The finance department had a large turnover of employees at the beginning of 2025. Open positions, training and completing necessary daily accounting functions delayed audit preparation. Recommendation: Management should ensure the finance department is fully staffed with competent individuals to handle the daily accounting functions in order to allow time for prioritizing of future audits. Response: New finance personnel will prepare and prioritize future audits.