Finding Text
Finding 2023-007: Late Submission of Single Audit Reporting Package
Instance of noncompliance and significant deficiency in internal controls over compliance for reporting related to the Submission of Single Audit reporting package.
Federal Agency: All Awards reported on the schedule of expenditures of federal awards.
Program Title: All Awards reported on the schedule of expenditures of federal awards.
Assistance Listing Number: All Awards reported on the schedule of expenditures of federal awards.
Award Number: All Awards reported on the schedule of expenditures of federal awards.
Award Period: All Awards reported on the schedule of expenditures of federal awards.
Criteria
In accordance with 2 CFR 200.512, 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(s), or nine months after the end of the audit period. Internal control systems over financial reporting are to prevent late submission of the Single Audit reporting package, including the
data collection form to the Federal Audit Clearinghouse.
Condition/Context
The Single Audit reporting package and related data collection form for the year ended June 30, 2023, was not submitted within nine months after the end of the audit period.
Cause
The submission of the Single Audit reporting package was delayed due to a forensic audit needed to be completed before the single audit could be completed.
Recommendation
We recommend that the Organization review the internal controls in place over the filing of the data collection form and reporting package so it can be submitted timely to the Federal Audit
Clearinghouse.
View of Responsible Officials
Management agrees with the finding and has provided the accompanying corrective action plan.