Answer: The Village missed the deadline for submitting their Single Audit reporting package.
Trend: Timely submission of audit reports is crucial for compliance and transparency.
List: Follow up with the Village to ensure future submissions are on time and discuss potential consequences of delays.
Finding Text
The Village did not submit their Single Audit reporting package (Financial Statements, Data Collection Form, and Corrective Action Plan) within the required time period.
Corrective Action Plan
Management will have the trial balance ready on time in future