Finding Text
Condition - The Organization has not submitted Form SF-SAC to the Federal Audit Clearinghouse for the year ended December 31, 2022.
Criteria - According to Uniform Guidance compliance requirements, the audit package and the data collection form shall be submitted 30 days after receipt of the auditor’s report, or 9 months after the end of the fiscal year, whichever comes first.
Effect - The Organization was not in compliance with the above Uniform Guidance compliance requirement.
Cause - Due to the unfamiliarity of the Organization’s Uniform Guidance compliance requirements, Management was delayed in preparing records for the audit.
Recommendation - We recommend that Management begin the audit preparation sooner and become familiar with the OMB Compliance Supplement in respect to the Organization’s federal awards.
Management’s Reply - (a) Comments on the findings and recommendation: Management agrees with the finding. Management also agrees with the recommendation, please see below for action taken.
(b) Action taken: Management will start the audit process much sooner for future audits to ensure the deadline is met and review the OMB Compliance Supplements for better understanding of federal awards.