Finding 1180711 (2023-004)

Material Weakness Repeat Finding
Requirement
L
Questioned Costs
-
Year
2023
Accepted
2026-03-17
Audit: 392355
Auditor: BRADY MARTZ

AI Summary

  • Core Issue: The Board missed the deadline to file the data collection form, which affects their risk status for future audits.
  • Impacted Requirements: Filing must occur within 30 days of receiving auditor reports or nine months after the audit period ends, as per Uniform Guidance.
  • Recommended Follow-Up: Implement a tracking system for filing deadlines to ensure timely submissions in the future.

Finding Text

2023-004: Data Collection Form Filing – Uniform Guidance Compliance Finding Criteria The Board is required file a data collection form to the Federal Audit Clearinghouse within the earlier of 30 days after receipt of the auditor’s reports, or nine months after the end of the audit period. Condition The Board failed to file the data collection form for the period ending December 31, 2023 within the prescribed timeframe set forth by the Office of Management and budget. Questioned Costs None Cause Management failed to oversee the timely filing of the data collection form. Effect The Board filed the data collection form after the required deadline, as such they cannot be considered a low risk auditee for the next audit. Recommendation We recommend that the Board keeps track of all necessary filing and deadlines to ensure timely filings. Views of Responsible Officials and Planned Corrective Actions The Board agrees with this finding. See corrective action plan item 2023-004. Indication of Repeat Finding This is a repeat finding. See prior year finding 2022-004.

Corrective Action Plan

A. Prior Year Findings -The prior year finding is a repeat finding in the current year B. Comments on Findings and Recommendations - We concur with the findings. C. Actions Taken or Planned - Board will track all necessary filings and deadlines to ensure timely filings occur.

Categories

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Programs in Audit

ALN Program Name Expenditures
12.600 COMMUNITY INVESTMENT $7.09M