Finding Text
2025-003 - Late Submission of Single Audit Report to the Federal Audit Clearinghouse Type of Finding: Other Finding Criteria: 2 CFR 200.512(a) requires auditees to submit the reporting package and data collection form to the Federal Audit Clearinghouse within 9 months of the fiscal year-end or 30 days after receipt of the auditor’s report, whichever is earlier. Condition: The School did not submit its FY 2025 Single Audit report to the Federal Audit Clearinghouse within the required timeframe. Effect: Noncompliance with federal reporting requirements, resulting in the audit information not being available in the public federal database as required. Cause: The delay in submitting the report to the FAC was due to the School’s failure to provide the required documentation and information to the auditor within the prescribed timeframe. Repeat Finding: No Recommendation: We recommend that the School establish a formal process to ensure that all required documentation and information are provided to the auditor within the prescribed timeframe, facilitating the timely submission of the Single Audit report to the FAC.