Finding Text
I noted that the Native Village of Gakona did not submit their audit within the required 9 month timeframe of year end. Per 2 CFR, Section 200.512, the Native Village of Gakona must submit their audit within 9 months of their fiscal year end. There were no questioned costs. The Native Village was still addressing covid related delays. Management is aware of the requirement and has started to prepare for the 2024 audit in order to submit it timely. Audit was late. Context is not applicable. Due to the nature of this finding, there is no suggestion or recommendation considered necessary. Management has already started work on their 2024 audit and will be submitting it within the required 9 month timeframe. this was not a repeat finding.