Finding Text
I noted that the NTC did not submit their audit within the required 9 month timeframe of year end. Per 2 CFR, Section 200.512, the NTC must submit their audit within 9 months of their fiscal year end. The reporting package was submitted after the deadline due to an isolated administrative communication gap regarding the final approval notification. Upon identifying the omission, management immediately finalized and completed the submission. to prevent reocurrence, communication protocals have been updated to ensure all relavent parties are explicitly notified of audit report approvals in future periods. Management is aware of the requirement and has started to prepare for the 2026 audit. Audit was late. It is recommended that management prepare the audit prep timely for future audits. This was not a repeat finding.