Finding Text
Condition During our current year audit, we noted that the Organization did not submit its fiscal year 2023 single audit report to the Federal Audit Clearinghouse within 9 months of its fiscal year-end. Questioned Costs N/A Criteria The Organization is required to undergo and complete the Data Collection Form in connection with its single audit within 30 days after receipt of the auditor’s report or 9 months of its fiscal year-end, whichever comes first. Cause The Organization did not have procedures in place to have their financial records ready for audit within 9 months. Effect of Condition The filing deadline for the September 30, 2023 single audit was not met. Recommendation The Organization should develop procedures to ensure the timely filing of its single audit report to the Federal Audit Clearinghouse.