Finding Text
Federal Program Information: Student Financial Assistance Cluster (ALN: Various)
Criteria or Specific Requirement: In accordance with 2 CFR 200.512(a)(1), an institution’s audit must be completed and its 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: For the fiscal years ended May 31, 2022 and May 31, 2023, the College did not submit its Single Audit to the Federal Audit Clearinghouse by the required deadline.
Cause: Administrative oversight and insufficient internal controls.
Effect or Potential Effect: The College is not in compliance with Single Audit reporting deadlines.
Questioned Costs: None.
Context: For the fiscal years ended May 31, 2022 and May 31, 2023, the College did not submit its Single Audit to the Federal Audit Clearinghouse by the required deadlines of February 28, 2023 and February 29, 2024 respectively.
Identification as a Repeat Finding: There was no similar finding identified in the prior year.
Recommendation: We recommend the College enhance its internal controls and procedures to ensure that its data collection form and reporting package are submitted by the required deadline.
Views of Responsible Officials: The College acknowledges the Uniform Guidance Audit for the year ended May 31, 2022 was not submitted timely to the Federal Audit Clearinghouse. The College’s Uniform Guidance Audit for the year ended May 31, 2022, was delayed as the College was negotiating with the State of Alabama a funding arrangement that did not materialize as the legislative approval outlined. The Uniform Guidance Audit for the year ended May 31, 2022 has now been completed and submitted.
The Uniform Guidance for the year ended May 31, 2023 was due on February 29, 2024 and the College requested an extension. The Uniform Guidance Audit for the year ended May 31, 2023, is scheduled to be completed by March 31, 2024 and will be submitted promptly to the Federal Audit Clearinghouse.