Finding Text
2023-002 Late Single Audit Submission (Significant Deficiency) - Repeated and Modified (Prior Year
Finding 2022-004)
Criteria or Specific Requirement:
Section 200.512(a)(1) Report Submission of the Office of Management and Budget’s Uniform Guidance
outlines the following requirement: “The audit must be completed and the data collection form 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:
The School did not submit the single audit reporting package to the Federal Audit Clearinghouse within
nine months following their fiscal year-end as required (deadline of March 31, 2024).
Cause:
The School was unable to provide necessary audit documentation timely due to improper record
retention.
Effect:
Non-compliance with the Office of Management and Budget’s Uniform Guidance. Potential reduction or
delay in federal and state funding as well as the effects of being placed on high risk status by a federal
and/or state agency.
Auditor's Recommendation:
Management should develop and implement policies regarding the retention of records and audit
documentation.