Finding 479707 (2023-006)

Criteria: 2 CFR Part 200 Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards require an audit be completed and the data collection form and reporting package must be submitted within the earlier of 30 calendar days after receipt of the auditor's report(s), or nine months after the end of the audit period. Condition: The audit and data collection form and reporting packages were not submitted to the Federal Audit Clearinghouse before the deadline. Cause: The Organization did not submit their data collection form and reporting package to the Federal Audit Clearinghouse by March 31, 2024. Effect: The Organization’s audit was not complete until June 2024 due to recent turnover in the Organization’s finance department resulting in accounts not being reconciled timely. Questioned Costs: None noted Context: The Organization’s fiscal year end is June 30, 2023, therefore making their filing deadline to submit their audit to the Federal Audit Clearinghouse the earlier of 30 calendar dates after receipt of the auditor’s report or March 31, 2024. Due to recent turnover with the Organization’s finance department resulting in accounts not being reconciled timely, the Organization’s audit was not completed until June 2024 resulting in a late filing with the Federal Audit Clearinghouse. Repeat Finding from the Prior Year: No Recommendation: We recommend that the Organization review its processes and procedures to ensure timely closing of the annual financial records, allowing for a timely audit and the timely submission of the data collection form and reporting package to the Federal Audit Clearinghouse. Views of Responsible Officials: Management is in agreement and will implement procedures to meet reporting deadlines.