Finding Text
Criteria: Per 2 CFR § 200.512(a)(1), the single audit, data collection form (DCF), and reporting package must be submitted to the Federal Audit Clearinghouse (FAC) 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 Organization’s single audit reporting package and Data Collection Form (DCF) for the fiscal year ended December 31, 2025, were due by September 30, 2026. However, the filings were not submitted to the FAC by the deadline. Cause: The Organization experienced delays in closing its books and records and completing the 2025 financial statements due to the material weakness for the lease amendment as summarized in finding 2025-001 Effect: The Organization failed to comply with federal reporting deadlines for its submission of the its reporting package under 2 CFR § 200.512. Questioned Costs: None. Recommendation: Management should establish a strict year-end close and audit preparation calendar, including pre-audit reconciliations of the SEFA and early engagement with the audit firm to ensure the DCF and reporting package are certified and submitted before the statutory deadline. Views of Responsible Officials and Corrective Action Plan: Management agrees with the finding. The Director of Accounting has implemented a revised closing timeline and automated tracking for future FAC submissions.