Finding Text
Finding 2024-001: Untimely Submission of the 2024 Single Audit Reporting Package
Repeat Finding: No
Federal Programs: Applicable to all assistance listing numbers (ALN’s) and federal agencies (and
pass-through entities) included on the schedule of expenditures of federal awards for the year ended
June 30, 2024.
Criteria: Uniform Guidance 2 CFR 200.512, Report Submission, requires that each
organization’s audit must be completed and the data collection form and reporting package
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 Single Audit reporting package for the Cooperative’s fiscal year ended June
30, 2024 should have been submitted to the Federal Audit Clearinghouse by March 31,
2025.
Cause: The Cooperative does not have compensating controls in place over timely
submission of the Single Audit reporting package.
Effect: The Single Audit reporting package was not received timely by the Federal Audit
Clearinghouse.
Questioned Costs: None.
Recommendation: To ensure compliance with Federal regulations, we recommend the
Cooperative develop additional controls so all elements of the Single Audit reporting
package are submitted on a timely basis.
View of Responsible Officials of the Auditee: Cooperative management concurs with this finding
and a response is included in the corrective action plan.