Finding Text
Finding No. 2024-001; Section 207/223(f) Mortgage Insurance, Assistance Listing 14.134
Criteria
Uniform Guidance and Federal Audit Clearinghouse requirements require that non-federal entities
transmit their annual reporting package to the Federal Audit Clearinghouse within the earlier of 30
days after receipt of the auditor's report or nine months after the end of the audit period.
Condition
The annual reporting package for the year ended June 30, 2023 has not been submitted to the
Federal Audit Clearinghouse within the required time frame.
Cause
Procedures in place were not adequate to ensure the timely submission of the reporting package.
Effect or Potential Effect
Noncompliance with Uniform Guidance and Federal Audit Clearinghouse requirements.
Questioned Costs
N/A
Context
N/A
Identification as a Repeat Finding
Finding 2023-00 Recommendation
Annual reporting packages should be submitted to the Federal Audit Clearinghouse no later than
March 31st of the subsequent year.
Auditor Noncompliance Code: Section 207/223(f) Mortgage Insurance
Finding Resolution Status:
Resolved – Reviewed the Federal Audit Clearinghouse website, the annual report package was
submitted and approved on June 10, 2024.
Views of Responsible Officials
Grant Village agrees with the finding and the auditor's recommendation has been adopted. The
Corporation has implemented procedures to ensure the timely completion and submission of the
annual reporting package.