Finding Text
Criteria: Pursuant to the Uniform Guidance, organizations expending federal financial assistance in excess of $750,000 in a fiscal year are required to submit the data collection form and reporting package by the earlier of either 30 days after receipt of the auditor’s report, or nine months after the end of fiscal year end date.
Condition: The completion of the Organization’s Single Audit was delayed, and the Single Audit reporting deadline was not met.
Context: The Single Audit reporting package was not timely submitted.
Cause: The Organization’s management did not properly monitor the reporting requirements of the grants received, including the passed-through government grants.
Effect: The Organization failed to submit the Single Audit reporting package for the year ended
December 31, 2021 on time.
Recommendation: As the Organization receives several grants from different sources, we recommend that the Organization implement effective controls and procedures to properly monitor the reporting requirements of each grant received.