Answer: The audit report was submitted late, exceeding the 9-month deadline after the year-end period.
Trend: Timeliness of audit report submissions is critical for compliance and may indicate potential issues in the reporting process.
List: Follow up on corrective actions to ensure future reports are submitted on time and review processes for efficiency.
Finding Text
Audit report filed with the Federal Audit Clearinghouse after allotted 9 months after year end period.
Corrective Action Plan
Management will continue to work towards having documents ready for inspection in a timely manner to compelte the audit prior to OWRB, State Statutes, and Federal Audit Clearinghouse requrements.