Finding Text
Statement of Condition: The reporting package and data collection form for the year ended September 30, 2022, was not filed by the deadline of June 30, 2023, to the Federal Audit Clearinghouse. Criteria: In accordance with 2 CFR Section 200.512(a), the audit must be completed and the data collection form and reporting package must be submitted within the earlier of 30 calendar days after receipt of the auditor’s report, or nine months after the end of the audit period, adjusted for any extensions permitted by the Office of Management and Budget. Effect of Condition: The reporting package and data collection form for the year ended September 30, 2022, was not accessible on the Federal Audit Clearinghouse in a timely manner. Cause of Condition: The audit of the financial statements, preparation of the Single Audit Reporting Package, and preparation and submission of the Data Collection Form was not completed in sufficient time due to the change in the audit firm and delays in obtaining information to complete the audit. Further, the organization did not make the auditor aware that its federal awards exceeded the threshold for a Single Audit until after the required due date. Recommendation: We recommend the organization adopt policies and procedures, including tracking and monitoring of reporting requirements, to ensure that the audit, reporting package, and data collection form are electronically filed with the Federal Audit Clearinghouse within the applicable deadline. Further, we recommend that management review the current resources, capabilities and responsibilities within its finance department to ensure that information can be provided in a timely manner to complete the audit. Views of Responsible Officials: The organization agrees with the finding. Please refer to corrective action plan on page 46.