Finding Text
Condition ? As of the May 12, 2023, the Organization has not submitted the reporting package and data collection form to the Federal Audit Clearinghouse (FAC) for the year ended June 30, 2022, which is nine months after the end of the audit period. Criteria ? The Uniform Guidance, 2 CF Section 200.512(a) requires the reporting package and data collection form to be submitted to the FAC by the earlier of 30 calendar days after the report is issued or nine months after the end of the audit period. Cause ? The Organization records were not completed on time to meet the criteria regarding the reporting package and data collection submission to submit within nine months after the end of the audit period. Effect ? As a result of this condition, the Organization will submit the reporting package and data collection form after the deadline. Recommendation ? We recommend that the Organization assign personnel to monitor the records to be completed timely to meet the requirement of the FAC submission process and ensure the reporting package and data collection form are submitted on time on an ongoing basis. Auditor noncompliance code ? Z ? other ? late submission to FAC Reporting views of responsible officials - The management agent, Quantum, is responsible for completing the annual close in a timely manner so that the audit process can begin. The Asset Management Director, Holly Vander Schaaf is responsible for monitoring the annual close process to ensure its timeliness and completeness. Concur or do not concur with this finding - Concur Agree or disagree with auditor recommendations ? Agree Completion date or proposed completion date - May 12, 2023 Actions taken or planned on the finding ? The Organization will assign personnel to monitor the records and to ensure they are completed timely to meet the requirement of the FAC submission process and ensure the reporting package and data collection form are submitted on time on an ongoing basis.