Finding Text
Criteria: 2 CFR Section 200.512(a) requires the reporting package and Data Collection Form (DCF) to be submitted to the Federal Audit Clearinghouse (FAC) by the earlier of 30 calendar days after the reports are received from the auditor or nine months after fiscal year-end. Condition: The Organization did not meet this filing requirements related to timely submission of the Single Audit reporting package for the fiscal year ended September 30, 2024. Cause: There has been turnover of key personnel involved in the financial reporting process that prevented the Organization from providing timely information for the completion of the audit. Effect: The Organization is not in compliance with the Uniform Guidance requirements regarding the filing of the Single Audit reporting package. Questioned Costs: None Recommendation: We recommend that management establish procedures to ensure monthly and year-end accounting activity, including various reconciliations, be performed and reviewed on a timely basis by appropriately experienced and trained personnel to alleviate potential delays and facilitate the completion of the audit on a timely basis. Views of Responsible Officials: See management’s view and corrective action plan at the end of this report.