Finding Text
Criteria: 45 CFR Part 75, Subpart F, requires recipients expending $750,000 or more in Federal awards during their fiscal years to complete Single Audits and submit related reports to the Federal Audit Clearinghouse within nine months after the end of their audit periods. Condition: The audit was not filed within the required time period. Effect: The Organization is not in compliance with federal contract requirements. Cause: The Organization's audit was not completed in time to file the required reports within the required time period. Recommendation: We recommend that the Organization file the required audit reports in the required time period.