Finding Text
FINDING 2022-001: REPORT SUBMISSION FOR PROGRAM-SPECIFIC AUDITS Program: Economic Adjustment Assistance Assistance Listing Number: 11.307 Compliance Requirement: Reporting Criteria: The program-specific audit must be completed and submitted 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, unless a different period is specified in a program-specific audit guide. Conditions: The program-specific audit was not submitted within the required nine months after the year end. Cause: The program-specific audit was engaged on April 2023 after the required submission date of the program-specific audit of March 2023 nine months after the year end of June 30, 2022. Effect: Due to delay in the program specific audit the required submission date of the program specific audit to the Federal Audit Clearinghouse is not met. Recommendation: Timely preparation of all required documentation for the program specific audit to have sufficient time for the completion of the program specific audit.