Finding 537517 (2022-001)

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Requirement
L
Questioned Costs
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Year
2022
Accepted
2025-03-26
Audit: 348732
Organization: Deep East Texas Electric Coop (TX)
Auditor: Axley & Rode LLP

AI Summary

  • Issue: The Cooperative failed to complete the audit and submit required information on time.
  • Impacted Requirement: This violates Section 200.512 of the Uniform Guidance, which mandates timely submission.
  • Follow-Up: Ensure audits are completed and reports submitted promptly to comply with regulations.

Finding Text

Finding 2022-01 Criteria: Section 200.512 of the Uniform Guidance states 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. Condition: The Cooperative has not completed the audit or submitted the required information within the time frame required by the Uniform Guidance regulations. Effect: The Cooperative is not in compliance with the regulations. Recommendations: We suggest the Cooperative have audits prepared and information transmitted timely in accordance with Uniform Guidance regulations. Contact Person: Kelly Hays, Accounting Supervisor

Corrective Action Plan

Finding 2022-001 Auditee concurs with this finding and this reporting will complete the requirement to file the single audit and submit the reporting package to the audit clearinghouse. Contact Person: Kelly Hays, Accounting Supervisor. Timeframe: Submission to be completed by March 2025.

Categories

Reporting

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
97.036 Disaster Grants - Public Assistance (presidentially Declared Disasters) $651,837