Finding Text
2022-001: Late Filing of the Single Audit Federal Program Aging Cluster, Social Services Block Grant Criteria The Single Audit should be filed timely. Condition The Single Audit report and corresponding data collection form were not completed by the due date. Cause The Center?s accounting and finance department needed more time to complete their analysis of year end account balances before the start of the audit due to turnover in the finance department. Effect Failure to have the financial data available in time resulted in the single audit being filed after the deadline. Questioned Costs See Corrective Action Plan. Context See Corrective Action Plan. Recommendation The financial condition of the Center can only be determined and communicated to the Board of Directors on a timely basis if the books and records are accurate and reconciled in a timely manner. We recommend that key general ledger accounts and reconciliations be analyzed and reconciled on a regular basis (at least quarterly) throughout the fiscal year. Views of Responsible Officials See Corrective Action Plan.