Finding 44453 (2022-001)

Criteria ? 45 CFR 75.501 requires a non-Federal entity that expends $750,000 or more during the non-Federal entity's fiscal year in Federal awards must have a single or program-specific audit conducted for that year. Audits must be completed and submitted within 30 days after receipt of the auditor's report, or 9 months after the end of the audit period, whichever is earlier. Condition ? The Organization did not submit a program-specific audit in a timely manner to be in compliance with the audit requirement under 45 CFR 75.501. Context ? The Organization did not meet its reporting deadline of July 31, 2023. Questioned Costs ? None Cause ? The Organization was unable to meet the deadline due to certain delays in becoming aware of the compliance requirement. Effect ? Audit was not performed and submitted in a timely manner. The Organization has not met the reporting requirements under 45 CFR 75.501. Recommendation ? We recommend that the Organization obtain a program-specific audit for each year that it meets the audit requirement of 45 CFR 75.501. Management?s Response ? The Organization will obtain a program-specific audit for each year that it meets the audit requirement of 45 CFR 75.501.