Finding Text
Statement of Condition: The reporting package and data collection form for the year ended December 31, 2022 was not filed by the deadline of September 30, 2023, to the Federal Audit Clearinghouse. Criteria: In accordance with 2 CFR Section 200.512(a), 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, or nine months after the end of the audit period, adjusted for any extensions permitted by the Office of Management and Budget. Effect of Condition: The reporting package and data collection form for the year ended December 31, 2022, was not accessible to the Federal Audit Clearinghouse in a timely manner. Cause of Condition: Due to turnover in finance department personnel, combined with resource issues, the reporting package and data collection form filing was not submitted within the deadline. Further, the 2021 Uniform Guidance audit will still in process which required that to be completed before the 2022 Uniform Guidance audit could be filed and submitted to the Federal Audit Clearinghouse. Recommendation: We recommend Cottages adopt policies and procedures, including tracking and monitoring of reporting requirements, to ensure that the audit, reporting package, and data collection form are electronically filed with the Federal Audit Clearinghouse within the applicable deadline. Views of Responsible Official: We agree with the recommendation. See corrective action plan.