Finding Text
Finding 2021-006: Financial Reports
Information on Federal Program: Assistance Listing Numbers 93.914 and 93.917
Criteria or Specific Requirement: 2 CFR §200.512 requires that the completed audit, data collection
form, and reporting package 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.
Condition: UHU has been behind on the audit process and submission of reports has been delayed.
Context: Due to delays in prior year audits, UHU was unable to submit the required reports by the
required deadline. Cause: UHU did not have controls in place to ensure timely submission of their reports. Additionally, the
information used to compile the financial data during the period for reporting was not reconciled timely
to ensure appropriate reporting of the actual activity.
Effect or Potential Effect: UHU was not in compliance with this regulation.
Questioned Costs: None noted.
Identification as a Repeat Finding, if Applicable: Repeat of Finding 2020-008
Recommendation: We recommend that UHU ensure that these reports are submitted within the
required time period.