Finding Text
Reporting and Annual Audit Submission - Significant Deficiency Criteria As per the Code of Federal Regulations, Section 200.512 – Report Submission, the audit must be completed and the Data Collection Form and reporting package must be submitted within the earlier of 30 calendar days after the receipt of the auditor’s report, or nine months after the end of the audit period. The due date for the audit and reporting package submission was March 31, 2024. Condition The audit, Data Collection Form and reporting package were not submitted by the due date March 31, 2024. Cause The Organization was not able to timely prepare for the audit in order for the Uniform Guidance, Data Collection Form and reporting package to be filed by the due date. Effect The audit, Data Collection Form and federal reporting package were not filed on time. Context The Organization was unable to complete the Federal Single Audit by the due date. Recommendation We recommend that all necessary efforts be taken to ensure the timely submission of the audit, Data collection Form, and reporting package. Sufficient internal controls should be designed and implemented to detect and prevent errors in reports and within the accounting system. We also recommend all necessary efforts be taken to ensure timely submission. Management’s Response/View of Responsible Officials Management agrees with this finding.