Finding Text
Finding 2023-001: Timely Financial Reporting, Assistance Listing Numbers - All
Criteria: The Uniform Guidance Part 200.512(a)(1) states: "The audit must be completed and the data collection form described in paragraph (b) of this section and reporting package described in paragraph (c) of this section shall 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."
Condition: The Organization did not submit the June 30, 2023 single audit reporting package and data collection form in a timely manner.
Cause: Audit documentation was not readily available to facilitate timely completion of the audit.
Effect: The Organization is late with required filings.
Recommendation: We recommend management ensure documentation for audit is readily available to ensure timely completion of the audit and related financial reporting package.
View of responsible officials: Share Food has improved the staffing in the finance office, and developed appropriate procedures to manage documentation more efficiently. All documents will be scanned to the Organization's network drive with limited access to those personnel that require access. This was implemented, and it is expected that this finding will correct itself as part of the 2024 year end financial reporting.