Finding Text
FS-2021-001: Audit Report Not Timely Submitted (repeat finding)
Material Weakness and Reportable Noncompliance
Condition: The audit reports for 2017, 2018, 2019, 2020, and 2021 were not timely submitted to the Federal Clearinghouse.
Criteria: Uniform Guidance requires audits to be submitted to the Clearinghouse no later than nine months after year end.
Cause: Turnover in upper management and inadequate resources prevented the audits from being completed in a timely manner and submitted.
Effect: Noncompliance with reporting requirements.
Recommendation: Management needs to ensure that financial information is complete and provided to the auditors within a reasonable time frame so that the audit can be completed and submitted withing nine months after year end.
Views of Responsible Officials and Planned Corrective Actions: Community Action of East Central Indiana, Inc. management will implement auditor’s recommendations through revisions of policies and procedures with an annual target of June 1 for availability of all relevant information for completion of annual audit.