Finding 37418 (2022-002)

Finding --- The reporting package was not made available to users timely. Criteria --- The Federal Audit Clearinghouse requires a reporting package to be submitted within the earlier of 30 days after receipt of the audit report(s), or nine months after the end of the audit period. Condition --- Cullari Carrico LLC (the audit firm) and the Organization submitted the reporting package on February 15, 2023. Context --- The audit team had a key member resign. Prior to termination, that employee inadvertently marked the assigned workflow as complete in lieu of reassigning the workflow and therefore the filing was never initiated within the required time frame. Effect --- The Organization cannot be considered low risk in the future year. Cause --- A late Federal Audit Clearinghouse Submission precludes the Organization from being considered low risk per the Uniform Guidance. Recommendation --- The audit firm and the Organization should develop procedures to ensure that future reporting packages are submitted to the Federal Audit Clearinghouse within the earlier of 30 days after receipt of the auditors? reports or 9 months after the end of the audit period. Management response --- The audit firm will work with the Organization to achieve a timetable that allows for timely completion of the audit and filing of the single audit report.