Finding 559260 (2022-001)

Significant Deficiency
Requirement
P
Questioned Costs
-
Year
2022
Accepted
2025-05-05
Audit: 355478
Organization: Church Street Corporation (NJ)

AI Summary

  • Issue: The Organization has missed timely submission deadlines for audit packages to the Federal Audit Clearinghouse for the last two fiscal years.
  • Requirements Impacted: This noncompliance violates 2 CFR Part 200, Subpart F (2 CFR 200.512), which mandates timely submissions.
  • Follow-Up: Implement controls to ensure future compliance with submission deadlines; the Organization agrees with this recommendation.

Finding Text

Criteria: In accordance with 2 CFR Part 200, Subpart F (2 CFR 200.512), single audits are due to the Federal Audit Clearinghouse thirty (30) days after receipt of the auditors' reports, but are considered on time if submitted within nine months after their fiscal period end date. Condition: The Organization has not submitted its audit package to the Federal Audit Clearinghouse in a timely manner for the previous two (2) fiscal years. Cause: Controls are not in place to ensure the Organization has submitted their audit package to the Federal Audit Clearinghouse in a timely manner. Effect: The Organization is noncompliant with specific requirements of 2 CFR Part 200, Subpart F (2 CFR 200.512). Recommendation: We recommend that the Organization put controls in place to ensure timely filing of the audit package to the Federal Audit Clearinghouse. Organization's Response: The Organization agrees with the auditors' recommendation.

Corrective Action Plan

Recommendation: We recommend that the Organization put controls in place to ensure timely filing of the audit package to the Federal Audit Clearinghouse. Organization's Response: The Organization agrees with the auditors' recommendation.

Categories

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Other Findings in this Audit

  • 1135702 2022-001
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
14.182 Lower Income Housing Assistance Program_section 8 New Construction/substantial Rehabilitation $1.10M