Finding Text
Information of the Federal Program:
Condition: The reporting package for the year ended June 30, 2022 was not submitted to the Federal Audit Clearinghouse (FAC) in accordance with applicable requirements.
Criteria: In accordance with 2 CFR 200.512 of the Uniform Guidance, the audit, 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.
Cause: Staffing resources did not allow for the reporting package to be prepared in a timely manner creating a delay in it submission.
Effect or Potential Effect: Continual delinquencies could result in the termination of federal grants, suspension of federal funds, or debarment.
Questioned Costs: None noted.
Context: Limited resources and turnover within the accounting department during the fiscal year did not allow for the financial records to be maintained and reconciled in a timely manner.
Recommendation: The Organization should ensure appropriate staff have adequate time to prepare for the audit and work with the audit firm to make sure the reporting package is submitted by the required due dates.