Finding Text
The Committee’s fiscal year 2021 audit was not completed until August 2023. Due to turnover within
the Committee’s accounting department, as well as difficulties encountered during the Committee’s
transition to a new accounting system, certain accounting procedures were not performed in a timely
manner. Completion of audit fieldwork was delayed by over a year as sufficient accounting records
were unavailable to audit. Additionally, we noted that certain standard control procedures such as
reconciliation of bank accounts and reviews of internal financial reports were not able to be performed
until fiscal year 2022, as a result of the accounting system records being incomplete.
Due to the level of federal funding received, the Committee is required to have a single audit. The
deadline to submit the single audit to the Federal Audit Clearinghouse is the earlier of 1) 30 calendar
days after receipt of the audit report or 2) nine months after the end of the audit period. As of the date of
our audit report, the Committee has not completed the Federal Audit Clearinghouse submissions for
fiscal year 2021.
We recommend that the Committee continue to bring accounting records up-to-date and submit the late
filings as soon as possible after receiving the final audit report. Additionally, we recommend that the
Committee begin to file their reporting submissions in a timely manner.