Finding 498126 (2023-002)

Finding 2023-002 – Filing of Single Audit Reporting Package Federal Program – Section 8 Housing Assistance Payments Program Assistance Listing Number – 14.195 Significant Deficiency Category of Finding – L – Reporting Criteria - Pursuant to 2 CFR section 200.512(a), the reporting package shall be submitted within the earlier of 30 days after receipt of the auditor’s report(s), or nine months after the end of the audit period. Condition - LEUTHC did not submit the Single Audit Reporting Package for the year ended December 31, 2022 within nine months after the end of the audit period (September 30, 2023). Effect - Failure to submit the required Single Audit Reporting Package timely automatically results in LEUTHC not qualifying for low-risk auditee status for the subsequent year’s single audit. Cause - The Single Audit Reporting website was updated in 2022 and 2023 and a new unique entity identification number was required to be created. LEUTHC did not file for a unique entity identification number in an appropriate time to submit the report. Recommendation - We recommend LEUTHC develop, document, and implement policies and procedures for timely submission of the Single Audit Reporting Package. Auditee’s comments and response - LEUTHC will designate an individual in management to document financial statement preparation processes to ensure timely submission of the Single Audit Reporting Package. The 2022 Single Audit Reporting Package was filed in July 2024. Status - Resolved