Criteria: 2 CFR Section 200.512(a) requires the data collection form and Single Audit reporting package be submitted the earlier of 30 days after the reports are received from the auditors or nine months after the end of the audit period. Office of Management and Budget (OMB) Memo M-21-20 extended this deadline to six months beyond the normal due date for recipients of federal funds with fiscal year-ends through June 30, 2021. Accordingly, the due date for the Single Audit submission for the year ended June 30, 2021, was extended to September 30, 2022.
Condition and context: The reporting package for the year ended June 30, 2021, was not submitted by the September 30, 2022, extended reporting deadline.
Cause: The audit report on the financial statements for the year ended June 30, 2021, was issued subsequent to the September 30, 2022, deadline.
Effect: The Organization is not in compliance with the provisions of 2 CFR Section 200.512(a) for the year ended June 30, 2021.
Recommendation: Not applicable.
Management Response: The University concurs with the finding. The audit report on the financial statements for the year ended June 30, 2021, was issued on October 23, 2023. The Data Collection form and reporting package will be submitted within 5 business days thereafter.
105.