Finding Text
Finding 2022-002: Filing of Single Audit Report, impacts all federal programs Criteria: Pursuant to the Office of Management and Budget (OMB) 2 CFR section 200.512(a) Report submission, ?The audit must be completed and the data collection form?must be submitted within the earlier of 30 calendar days after receipt of the auditor's report(s), or nine months after the end of the audit period. If the due date falls on a Saturday, Sunday, or Federal holiday, the reporting package is due the next business day.? Condition: The Organization did not timely submit the Single Audit Reporting Package for the fiscal year ended September 30, 2021 within nine months after the end of audit period. Cause: As there is a reporting difference between when you recognize the provider relief funds in the financial statements versus the schedule of expenditures of federal awards, it was unclear whether a single audit was required. Effect or Potential Effect: Failure to file the required Single Audit Reporting Package timely could result in the loss of Federal funding. This impacts all of the federal programs. Questioned Cost: None Recommendation: We recommend the Single Audit Reporting related to the fiscal year ended September 30, 2021 single audit be completed and data collection form submitted as soon as possible so the Organization can file any required Single Audit Reporting going forward in a timely manner. View of Responsible Officials and Planned Corrective Actions: Agree. The fiscal year end September 30, 2021 audit was delayed as it was unclear if a single audit was required. The Organization will file the Single Audit Reporting related to the fiscal year end September 30, 2021, and does not expect delays to continue for the fiscal year ended September 30, 2022.