- Notify the QSSB that no resolution could be made,
- Recommend action,
- Inform the A&E Committee and/or Legal Counsel.
QSSBs are required to submit audited financial statements to USB annually. 1. Due Date: Annual financial audit that complies with reporting guidelines to be sent to USB within ninety (90) days of the end of the QSSB’s fiscal year. 2. USB Acknowledgment: USB to acknowledge in writing the receipt of an audit from a QSSB within seven (7) business days after receiving the report. A checklist will be used by USB accounting staff to ensure timely receipt of QSSB financial statements. Please see Appendix C for the checklist. 3. Notification that Audit Format Meets Reporting Guidelines: USB to notify in writing to the QSSB Chairperson on the ninety-first (91) day whether the audit report meets format guidelines within ninety (90) days of receipt letter. If rejected, the USB will identify the specific reason(s) in writing to the QSSB. 4. Extensions: If, for some reason a QSSB cannot meet the deadline, a state can request an extension by writing the USB before the 90-day period expires. Currently, the Western Region is the only exception to the 90-day rule. Extension request should include a compelling reason why the QSSB cannot meet the deadline. Extension request is evaluated by A&E and notification will be sent to the QSSB on USB letterhead over the A&E Chairman’s signature. 5. Audit Exceptions: To the extent practicable, issues will be resolved informally by the USB staff resource and QSSB staff. Issues that cannot be resolved informally will be presented to the A&E Committee for resolution. If a resolution cannot be found, USB will: