Finding Text
"Finding 2022-008
Deadline for Federal Single Audit – Significant Deficiency.
Criteria: 2 CFR section 200.512(a) states that the data collection form and reporting package must be submitted the earlier of 30 calendar days after receipt of the auditor’s reports or nine months after the end of the audit period to the Federal Audit Clearinghouse (FAC). If the due date falls on a Saturday, Sunday, or federal holiday, the reporting package is due the next business day. The Uniform Guidance does not have a provision addressing whether the cognizant or oversight agencies may extend due dates.
Condition: The single audit report was not submitted by September 30, 2023.
Cause: The Organization’s audit for the year ended December 31, 2022 did not begin until August of 2023. This was a first time audit, and by the time that the audit commenced it was common knowledge that they would not meet the deadline of September 30, 2023. The Organization communicated the delay to the appropriate parties. Further delays were experienced due to multiple errors which required further time to quantify the appropriate adjustments to the books.
Effect: The Schedule of Expenditures of Federal Awards were not available in a timely manner in order to allow for timely submission of the data collection form.
Questioned Costs: None
Repeat Finding: Not applicable as the Organization is a first time auditee.
Recommendation: We recommend that the data collection form is filed timely in the future. In order to do so, steps should be taken to ensure that the next audit commences earlier and that the books are appropriately reconciled to decrease the chances of missing the deadline in the future.
Views of Responsible Official: See Corrective Action Plan."