Finding 370707 (2022-005)

Timeliness of Single Audit We noted that the County did not submit the single audit reporting package to the Federal Audit Clearinghouse within the prescribed timeframe. Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) section 200.512 State: “The audit must be completed and the data collection form …and reporting package … must be 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….” The entity was unable to compile financial statements before the prescribed timeframe had been reached. The Federal awarding agency or pass-through entity may impose additional conditions, or take actions that could include in part; temporarily withhold cash payments, disallow all or part of the cost of the activity, wholly or partly suspend or terminate the Federal award, withhold further Federal awards for the project or program, or take other remedies that may be legally available. For future single audits, the County should endeavor to ensure that financial statements are complete and that the audit is scheduled prior to the single audit deadline Clients’ response See Corrective Action Plan.