Finding Text
2024-001 ( 2023-002) LATE FILING OF THE SINGLE AUDIT REPORTING PACKAGE WITH THE FEDERAL AUDIT CLEARINGHOUSE - REPEATED
Federal Agency: U.S. Department of Labor
Federal Program and Assistance Listing Number: WIOA Cluster 17.265 Native American Employment and Training
Type of Finding: Significant Deficiency, Non-compliance
Compliance Area: Reporting
Award Period: FY24
Questioned Cost: None
Condition:
NIYC did not submit their Single Audit reporting package (financial statements, data collection form,and corrective action plan) within the required time period.
Criteria:
2 CFR 200.512 stipulates the requirement that the Single Audit 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.
Effect:
Late reporting could cause additional oversight or restriction by the U.S. Department of Labor.
Cause:
Due to turnover, internal controls were not properly designed, executed, and monitored to ensure a timely preparation of reports and records for audit purposes. As a result, management did not comply with the submission requirements of 2 CFR 200.512.