Finding Text
Condition: The audit report was due to be received by the State of
New Jersey no later than May 31, 2023. As a result, the
audit was not submitted timely. Criteria:
The School is required to submit an audit to the State of
New Jersey no later than nine months after their yearend.
Cause:
The prior year audit was delayed and the auditor had to
complete it prior to beginning the current year audit.
Effect of Finding:
The effect of this noncompliance is minimal.
Recommendation:
To maintain all documentation that will be required for
the audit in an organized manner in order to enable the
auditor to complete the audit in a timely manner.
View of Responsible Party and Planned Corrective
Action:
The administrator and staff will work on ensuring that all
audit documentation is organized in a way that will allow
all future audits to be submitted in a timely manner.