Finding 370787 (2022-001)

Reference Number: 2022-01 Finding: Single Audit Data Collection Form Not Filed by Due Date Category of Finding: Reporting Condition: The data collection form for the Single Audit ended September 30, 2022, was not submitted to the Federal Clearing House by June 30, 2023. The data collection form for the Single Audit ended September 30, 2021 was not submitted to the Federal Audit Clearinghouse by June 30, 2022. Criteria: 2 CFR section 200.512 (b) provides for a form, referred to as the data collection form, to be prepared at the completion of each audit and submitted by the auditee to the Federal Audit Clearinghouse the earlier of 30 calendar days after receipt of the auditor’s reports or nine months after the end of the audit period. Cause: The audit report for the year ended September 30, 2022 was not issued prior to the June 30, 2023 submission deadline. The Single Audit for the year ended September 30, 2021 was not submitted by the deadline. Therefore, the data collection forms required at audit completion was not filed by the due dates. Effect: Levi Towers, Inc. (the “Project”) has not met the reporting requirement related to timely submission of the data collection form required for a Single Audit. Therefore, per 2 CFR section 200.520, the Project will not meet the low-risk auditee criteria for further Single Audits that requires submission of the data collection form and reporting package by the due date for each of the two preceding audit years. Questioned Costs: NoneRecommendation: We recommend the Project develop specific procedures to ensure that the audit report is received prior to the June 30 the reporting deadline. Management Response: The Data Collection Form will be filed when the audit is complete.