Finding Text
CRITERIA: 2 CFR requires that non-Federal entities that expend $750,000 or more in a year in Federal awards must submit their audited annual financail reports and the data collection form to the Federal Audit Clearinghouse within thirty (30) days after receipt of the auditor's report, or nine (9) months of the close of the auditee's fiscal year. CONDITION: The Clinic did not remit the annual audited financial statements and the data collection form to the Federal Audit Clearinghouse within 9 months after year-end as required by the Uniform Guidance. CAUSE: The Clinic experienced turnover in a key management position, which caused a delay in the performance, completion, and submission of the annual audit report. EFFECT: Late submission causes the Clinic to be put on the non-compliance list and can result in withholding of federal pass-through funding. QUESTIONED COSTS: Unknown. RECOMMENDATION: The Clinic should implement policies and procedures to ensure timely filing of any and all required reports. RESPONSE: See corrective action plan starting on page 32.