Finding Text
2022-001 Deadline ExceededCondition: The Authority did not meet the deadline for submission of its data collection form and reporting package to the Federal Audit Clearinghouse for the fiscal year ended June 30, 2021. The data collection form and reporting package must be submitted within the earlier of 30 calendar days after receipt of the auditors? report or nine months after the end of the audit period. Therefore, the deadline for submission of the required information for the fiscal year ended June 30, 2021, was October 23, 2021. The data collection form and reporting package were not submitted by that date.Criteria: 2 CFR 200.512Cause: The Authority engaged its independent audit firm to assist in the preparation and submission of its data collection report and reporting package. During the period after completion of the audit and preparation of the auditors? report, the audit firm faced significant challenges dealing with heightened workloads. Therefore, the audit firm did not complete the data collection form and reporting package and submit it on a timely basis.Effect: The Authority did not meet the deadline of 30 calendar days after receipt of the auditors? report.Recommendation: Establish procedures to verify that the data collection form and reporting package have been properly submitted on a timely basis.Response: The Authority has implemented procedures to monitor communications with its audit firm and the Federal Audit Clearinghouse to ensure timely submission of complete and accurate reports to federal entities.