Finding Text
Criteria: Per Uniform Guidance 2 CFR 200.512(a), the data collection form and the reporting package shall be submitted to the Federal Audit Clearinghouse within the earlier of 30 days after receipt of the auditor's report, or nine months after the end of the Organization’s fiscal year – due by March 31, 2024. In addition, the pass‐through agency requires a copy of the annual audited financial statements and supplementary information by December, after the end of the Organization’s fiscal year end. Condition: The Organization did not comply with these required due dates. Cause: The Organization had significant challenges with the unexpected departure of key personnel in its Finance Department. Effect: The Organization is not following the federal compliance requirement and pass‐through agency deadlines for financial reporting. Recommendation: We recommend that management assesses the staffing needs of the accounting/finance department and plans for increasing capacity through hiring, reorganizing the current responsibilities, or seeking external subcontractors. Questioned Costs: None.