Finding Text
2021/2022-012 Late Audit Submission
CFDA Title: Impact Aid
CFDA Number: 84.041
Federal Award Number: 2021 and 2022 Federal Agency: U.S. Department of Education Pass-through
Entity: Direct
Condition:
Montana local governments with a June 30th fiscal year end must submit their audit report to the MT
Department of Administration and the Federal Clearing house by March 31st, following the fiscal
year end. The District’s audit was not completed until May 2024.
Criteria:
The audit for the fiscal year ended June 30, 2021 and June 30th, 2022, was due to the State and the
Federal government by March 31, 2022 for fiscal year 2021 and March 31, 2023 for fiscal year
2022 as required by MT Administrative Rules 2.4.411 and the Federal Uniform
Guidance/A-133 rules.
Context:
Per review of the audit compliance requirements for both the State of Montana and the Federal
government.
Effect:
The District is late in completing their fiscal year 2021 and 2022 audit.
Cause:
The District did not even sign a contract with the audit firm until July 2023 and was unable to
provide needed documentation to complete both the financial statement portion of the audit and the
federal compliance testing for the audit.
Recommendation:
We recommend the District complete their annual audits in compliance with MT
Administrative Rules 2.4.411 and federal rules described in the Uniform Guidance/A-133.