Answer: The Single audit was submitted late, over nine months after the fiscal year-end.
Trend: This delay indicates a recurring issue with timely audit submissions.
List: Follow up on compliance with 2CFR 200.512 and the Uniform Guidance to prevent future delays.
Finding Text
The Single audit was submitted to the Federal Audit Clearinghouse more than nine months after the fiscal year-end, in violation of 2CFR 200.512 and the Uniform Guidance.
Corrective Action Plan
Mitigating controls and proactive steps would be taken by management to ensure timely audit completion and submission.