Answer: The project did not submit the required audit package and data collection form on time.
Trend: This delay could indicate ongoing issues with compliance and timely reporting.
List: Follow up by ensuring future submissions are prioritized and consider implementing a tracking system for deadlines.
Finding Text
The project failed to the submit single audit reporting package and data collection form for the year ended September 30, 2024 to the Federal Audit Clearinghouse (FAC) by the due date.
Corrective Action Plan
New Director of Accounting will ensure books are closed timely and reporting is submitted for year-end audits.