Finding Text
Prior Year Finding Number: 2022-001
Compliance Requirement: Data Collection Reporting Package
Program: Coronavirus State and Local Fiscal Recovery Fund (CSLFRF)
CFDA #: 21.027
Award #:
Award Year: 10/01/2022-09/30/2023
Criteria: 2 CFR 200.512 requires that an entity’s single audit is to be submitted the earlier of thirty days after the receipt of the auditor’s report or nine months after the end of the audit period to the Federal Audit Clearinghouse (FAC).
Condition: CSC’s audited financial statements for the year end September 30, 2023, were not submitted to the Federal Audit Clearing House within the stipulated nine months after year-end.
Questioned Costs: $-0-
Context: This is a condition identified based on review of Uniform Guidance requirements.
Effect: The project is not in compliance with reporting requirements of the Office of Management and Budget for non-profit entities.
Cause: There were transitions in financial personnel during and after year-end, which impacted the closing of the books and the report not being submitted within the stipulated timeframe.
Recommendation: We recommend that CSC work to have its audits completed more timely in the upcoming year to comply with federal guidelines for submission to the FAC.