What are the reporting responsibilities of the auditee if, during a single audit, the auditor identifies a finding?

Research reporting responsibilities, especially the Office of Management and Budget (OMB) Circular A-133.
What are the reporting responsibilities of the auditee if, during a single audit, the auditor identifies a finding?Explain what is required in each of the following:The year of the findingSubsequent yearsUse APA style in the body of your posting as well as in the reference section.