Finding Text
Late Audit Report Filing:
Condition: The audit for the year ended December 31, 2019 was not completed and submitted
until 2024.
Criteria: Federal law requires audit submission no later than nine (9) months following the end of
the fiscal year. The Louisiana State audit law (LRS 24:513) requires the agency to complete its
reporting requirements to the State within six (6) months following the end of its fiscal year.
Cause: A previously engaged CPA did not complete the audit timely and the agency had to
engage a different CPA.
Effect: The audit is late and not in compliance with State and Federal reporting requirements.
Recommendation: It is recommended that the Agency procure CPA services in a timely manner
to meet its reporting obligations under both Federal and Louisiana State audit law.