Finding Text
Finding 2025-002 Federal Audit Clearinghouse Reporting Name of Federal Agency: U. S. Department of the Treasury Pass-through Entity: South Carolina Rural Infrastructure Authority (RIA) COVID-19 Program: Yes Assistance Federal Listing Award Number Number Program Title 21.027 A-23-C185, R-13-C185 Covid-19 - Wastewater System Improvements Criteria or specific requirement: In accordance with the Uniform Guidance, the single audit reporting package and data collection form are to be submitted to the Federal Audit Clearinghouse within the earlier of 30 calendar days after these reports are received or nine months after the end of the audit period (June 30, 2026). Condition: The single audit reporting package and data collection form were not submitted to the Federal Audit Clearinghouse within the required time frame. Cause of condition: The previous accountant hired by the Town did not perform all activities required by the agreement, and was replaced. At the time the accountant was replaced, the time period had passed for submission to the Federal Audit Clearinghouse. Potential effect of condition: This condition results in a noncompliance finding for the period under audit. Questioned Costs: None Repeat finding: No Recommendation: We recommend the Town complete required audits and submit the single audit reporting package and data collection form in accordance with the Uniform Guidance requirements. Response of responsible Town official: Town Management has obtained a third-party Certified Public Accountant, who will monitor and assist with bookkeeping for Federal awards, and in complying with the required reporting submission dates to the Federal Audit Clearinghouse. Auditor Response: Auditor concurs.