Finding 1223852 (2025-004)

Material Weakness Repeat Finding
Requirement
L
Questioned Costs
-
Year
2025
Accepted
2026-07-16
Audit: 407305
Auditor: WIPFLI LLP

AI Summary

  • Core Issue: The Medical Center missed the federal deadline for submitting the Single Audit Reporting Package.
  • Impacted Requirements: Compliance with 2 CFR Part 200.512, which mandates timely audit submissions.
  • Recommended Follow-Up: Management should enhance processes to ensure future compliance with audit deadlines.

Finding Text

Program Name: Disaster Grants - Public Assistance (Presidentially Declared Disasters) Federal Assistance Listing Number: 97.036 Federal Agency: U.S. Department of Homeland Security Type of Finding: Noncompliance, Significant Deficiency Compliance Requirement: Reporting Questioned Costs: None Criteria: 2 CFR Part 200.512 requires that, for non-federal entities, “The audit must be completed, and the data collection form described in paragraph (b) of this section and reporting package described in paragraph (c) of this section must be submitted within the earlier of 30 calendar days after receipt of the auditor's report(s), or nine months after the end of the audit period.” Condition: The federal reporting deadline for the Single Audit reporting package was March 31, 2026; however, the Medical Center did not submit its Single Audit Reporting Package by that date. Cause: The Medical Center was unable to complete the single audit by the deadline due to delays in completing the financial statement audit related to debt covenant compliance complications. This resulted in the late submission of the Single Audit reporting package. Effect: Without accurate and timely reporting, the funding agencies are unable to properly oversee the expenditure of Federal awards. Recommendation: We recommend that management implement processes and procedures to ensure compliance with audit deadlines. View of Responsible Official: Management agrees with the finding above. Management will review the existing accounting policies and procedures and implement additional controls to validate timely submission of reports.

Corrective Action Plan

Management agrees with the finding above. Management will review the existing accounting policies and procedures and implement additional controls to validate timely submission of reports.

Categories

Reporting Significant Deficiency Matching / Level of Effort / Earmarking

Programs in Audit

ALN Program Name Expenditures
97.036 DISASTER GRANTS - PUBLIC ASSISTANCE (PRESIDENTIALLY DECLARED DISASTERS) $1.27M