Finding Text
OTHER MATTERS 2022-001 Late Submisson of the Data Collection Form Criteria: In accordance with audit requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance,, The ILS Entities are required to submit the Data Collection Form with the Single Audit Resource Center within 9 months subsequent to the fiscal year end of the Entities. Condition: The Data Collection Form for the year ended June 30, 2022, has not been submitted to the Single Audit Resource Center as of the date of issuance of audited financial statements. Effect: The delay in reporting the Data Collection Form results in untimely data information that is relied upon by various Federal Agencies for their purposes, including monitoring of pass thru funding, performance obligations and future funding appropriations. Cause: Financial staffing for The ILS Entities, for the year ended June 30, 2022, was inadequate to record and report financial accounting information, in a timely manner. We determined that this was largely due to financial staff turnover or extended illness among key financial personnel. Recommendation: The ILS Entities need to increase their financial staffing levels, with qualified personnel, to a level that ensures that financial recording and reporting are maintained at a current position, so that the audited financial statements, and resulting Data Collection Form, are completed in a timely manner, for future fiscal years. Questioned Costs: None