Finding Text
Federal program information:
Funding agency: Department of Interior and Department of Education
Passed through the Bureau of Indian Education (BIE)
Title: Indian School Equalization Program (ISEP)
Education Stabilization Fund (ESF)
CFDA number: 15.042 and 84.425
Award number: All major program award numbers
Award period: All major program periods
Criteria: The Uniform Guidance 2 CFR 200.512(a) requires the audit package and data collection form be submitted 30 days after receipt of the auditor’s report or 9 months after the end of the fiscal year, whichever comes first.
Condition: The School’s fiscal year 2021 single audit reporting package was not submitted within nine months after the end of the audit period.
Questioned Costs: N/A
Cause: The School did not have appropriate internal control policies and procedures in place to ensure accounting records and financial statements were reconciled timely and the audit conducted to meet compliance requirements.
Effect: The single audit reporting package was submitted after the required reporting time period.
Auditor’s Recommendations: To ensure compliance with the Uniform Guidance, the School should prepare accurate, complete, and timely financial statements and ensure an audit is performed to ensure the timely submission of the single audit reporting package.