Finding Text
Finding 2024-002 Single Audit Report Filed Late Condition: The audited financial statements were not submitted to the Federal Audit Clearinghouse by the due date of September 30, 2025. Questioned Costs: None Criteria: In accordance with 2 CFR Section 200.512, an entity expending more than $750,000 of federal funds within a fiscal year must submit the data collection form and reporting package by a due date that is the earlier of 30 calendar days after receipt of the auditor’s report(s) or nine months after the year end of the audit period. Cause: The late filing of the 2023 audit report led to a delayed start for the 2024 audit. As a result, the subsequent audit processes for the year ended December 31, 2024, were impacted, causing the filing for that audit to also be late. Effect: The Commission was not in compliance with Uniform Guidance, which could lead to sanctions by the funding agencies. Recommendation: We recommend the Commission establish a timely process to ensure completion of the audit by September 30 of each year. Views of Responsible Officials: Please refer to the Corrective Action Plan for management’s views and planned corrective action.