Finding 384281 (2023-003)

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Requirement
L
Questioned Costs
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Year
2023
Accepted
2024-03-25
Audit: 297416
Organization: YWCA of Greater Baton Rouge (LA)

AI Summary

  • Core Issue: The Organization failed to submit its audited financial statements and data collection form on time, breaching federal requirements.
  • Impacted Requirements: Non-compliance with 2 CFR, risking placement on the non-compliance list and potential withholding of federal funding.
  • Recommended Follow-Up: Establish policies and procedures to ensure timely filing of all required reports to avoid future issues.

Finding Text

CRITERIA: 2 CFR requires that non-federal entities that expend $750,000 or more in a year in federal awards must submit ttheir audited annual financial reports and the data collection form to the Federal Auidt Clearinghouse within thirty (30) days after receipt of the auditor's report, or nine (9) months of the close of the auditee's fiscal year. CONDITION: The Organization did not remit the annual audited financail statements and the data collection form to the Federal Audit Clearinghouse within 9 months after year-end as required by the Uniform Guidance. CAUSE: The Organization did not engage its independent auditor on a timely basis. EFFECT: Late submission causes the Organization to be put on the non-compliance list and can result in withholding of federal pass-through funding. QUESTIONED COSTS: Unknown RECOMMENDATION: The Organization should implement policies and procedures to ensure the timely filing of any and all required reports. RESPONSE: See Management's Corrective Action Plan on page 31.

Corrective Action Plan

The Organization has implemented administrative procedures to assure that the independent auditor is engaged prior to the end of the fiscal year.

Categories

Matching / Level of Effort / Earmarking

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
93.600 Head Start $3.87M
10.558 Child and Adult Care Food Program $162,229
14.231 Emergency Solutions Grant Program $89,062
93.243 Substance Abuse and Mental Health Services_projects of Regional and National Significance $22,600