Finding Text
Criteria: Pursuant to 2 CFR 200.512(a) of the Uniform Guidance, the auditee is responsible for submitting its data collection form and reporting package, including the auditors’ reports within the earlier of 30 days after receipt of the auditors’ reports or nine months after the end of the audit period to the Federal Audit Clearinghouse. Condition, Context, Cause and Effect: The single audit of the Organization’s federal awards for the year ended December 31, 2024 was not completed within the nine months following the period-end and as a result, the Organization did not submit its single audit reporting package within the required timeframe. As such, the Organization did not comply with the aforementioned regulatory requirements. The delay in the issuance of the single audit report for the year ended December 31, 2024 was due to a delay in finalization of the audit of the Organization’s 2024 consolidated financial statements. Recommendation: We recommend that the Organization enhance its closing and reporting process to ensure the Uniform Guidance audit procedures will be completed by the aforementioned deadline. Views of Responsible Officials and Planned Corrective Action: Management refers the reader to the separately provided Corrective Action Plan for its remediation.