Finding Text
Criteria
Management is responsible for preparing and presenting the supplementary schedules as
required by the City of Philadelphia Subrecipient Audit Guide.
Condition
Required supplementary schedules were not completed in a timely manner and thus, are
not included within the financial statements.
Cause
Inadequate staffing lead to not having supplementary schedules being completed in a timely
manner.
Effect
Noncompliance with requirements of the City of Philadelphia Subrecipient Audit Guide.
Recommendation
We recommend that the Authority complete the required supplementary schedules in a
timely manner to be in compliance with the City of Philadelphia Subrecipient Audit Guide
requirements.