Finding Text
Finding 2023-005: Late Submission of June 30, 2023 Audit Report
Federal Programs ALN: 93.575, 93.596, 93.558
Criteria: The Organization is required to file its audit report each year to the Federal Audit Clearinghouse within nine months after the end of fiscal year in accordance with 34 CFR 200.512.
Condition: The Organization did not file its fiscal 2023 report to the Federal Audit Clearinghouse within nine months after the end of fiscal year
Cause: The Organization experienced employee turnover in key managerial and accounting roles causing delays in close out and completion of the audit.
Effect: The Organization did not meet the submission requirements as set forth by 34 CFR 200.512.
Recommendation: We recommend the Organization closely monitors this important
submission requirement to avoid missing the deadline.