Finding Text
2022-001 ? Noncompliance with Single Audit Submission Requirements Criteria ? Per Uniform Guidance 2 CFR 200.512(a), the audit package and the data collection form shall be submitted 30 days after receipt of the auditor's report(s), or 9 months after the end of the fiscal year ?whichever comes first. Condition ? The Organization did not submit their Single Audit reporting package and data collection form to the Federal Audit Clearinghouse (FAC) for FY 2021. Cause ? Inadequate monitoring of the final audit required submission. Normally the management company relies on the auditor to meet the final requirement; however in this case, the company changed auditors. The focus of the management company is heavily on HUD submissions and compliance and not necessarily on submission to FAC Effect ? Noncompliance with Single Audit Requirements Questioned Costs ? None Recommendation ? Organization should ensure that future single audits are submitted timely and ensure that fiscal year 2021 single audit is submitted.