Finding Text
Item 2024-001: Report Submission to the Federal Audit Clearinghouse (Other Matter Required to be Reported Under the Uniform Guidance) (Significant Deficiency)
Condition: The Local Partnership did not prepare and submit its Data Collection Form and Reporting Package for the year ended June 30, 2024 to the Federal Audit Clearinghouse by the due date of March 31, 2025.
Criteria: Per §200.512 of the Uniform Guidance, Report Submission, the audit shall be completed and the Data Collection Form and Reporting Package shall be electronically transmitted within the earlier of thirty (30) days after receipt of the auditor’s reports, or nine (9) months after the end of the audit period. If the due date falls on a Saturday, Sunday, or federal holiday, the Data Collection Form and Reporting Package are due the next business day. The Uniform Guidance does not permit the recipient to extend the due date.
Cause: Due to issues with the accounting software, an accurate trial balance could not be produced in a timely manner. This appears to be an isolated issue in fiscal year 2024.
Effect: The Local Partnership’s Data Collection Form and Reporting Package for the year ended June 30, 2024 were not prepared and submitted to the Federal Audit Clearinghouse by the due date.
Recommendation: We recommend that management investigate the accounting software issues and ensure that an accurate trial balance is produced for fiscal year 2025 in a timely manner so that the Data Collection Form and Reporting Package are submitted by the due date.