Finding 47409 (2022-001)

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Requirement
L
Questioned Costs
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Year
2022
Accepted
2023-03-30
Audit: 50663
Organization: Bridges Preparatory School (SC)

AI Summary

  • Core Issue: The School missed the deadline for submitting its data collection form and reporting package to the Federal Audit Clearinghouse.
  • Impacted Requirements: Submission was due by December 5, 2021, as per 2 CFR 200.512, but was not certified and submitted on time.
  • Recommended Follow-Up: Implement procedures to ensure timely and accurate submission of reports, including better communication with the audit firm.

Finding Text

2022-001 Deadline Exceeded Condition: The School 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 December 5, 2021. The data collection form and reporting package were not submitted by that date. Criteria: 2 CFR 200.512 Cause: The School engaged its independent audit firm to assist in the preparation and submission of its data collection report and reporting package. That firm did upload the data collection form and reporting package to the Federal Audit Clearinghouse on December 2, 2021. However, the School did not certify the data collection form and reporting package, the audit firm did not certify, and did not submit the certified information by the December 5, 2021 deadline. Effect: The School 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 School 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.

Categories

Reporting Matching / Level of Effort / Earmarking

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
10.766 Community Facilities Loans and Grants $7.19M
84.425 Education Stabilization Fund $283,723
84.367 Improving Teacher Quality State Grants $27,982
84.027 Special Education_grants to States $9,265