FAC Explorer

Audit 289564

FY End
2022-12-31
Total Expended
$974,102
Findings
4
Programs
1
Organization: Aha MacAv Housing Entity (AZ)
Year: 2022 Accepted: 2024-02-08
Auditor: Bluearrow Cpa's

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
366657 2022-001 Material Weakness - P
366658 2022-001 Material Weakness - P
943099 2022-001 Material Weakness - P
943100 2022-001 Material Weakness - P

Programs

ALN Program Spent Major Findings
14.867 Indian Housing Block Grants $10,802 Yes 1

Contacts

Name Title Type
LLERJFMS87Z4 Melinda Cruz Auditee
9283461322 Sanwar Harshwal Auditor
No contacts on file

Notes to SEFA

Title: NOTE 1 - BASIS OF PRESENTATION Accounting Policies: Expenditures reported on the schedule of expenditures of federal awards are reported on the accrual basis of accounting, the method used to prepare the Housing Entity’s basic financial statements. Note 1 of the Housing Entity’s basic financial statements describes the significant accounting policies used by the Housing Entity. Such expenses are recognized following the cost principles contained in Uniform Guidance, wherein certain types of expenses are not allowable or are limited to reimbursement. De Minimis Rate Used: N Rate Explanation: The Housing Entity did not elect to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance. The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal award activity of the Housing Entity under programs of the federal government for the year ended December 31, 2022. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the Housing Entity, it is not intended to and does not present the financial position, changes in net position, or cash flows of the Housing Entity.
Title: NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Accounting Policies: Expenditures reported on the schedule of expenditures of federal awards are reported on the accrual basis of accounting, the method used to prepare the Housing Entity’s basic financial statements. Note 1 of the Housing Entity’s basic financial statements describes the significant accounting policies used by the Housing Entity. Such expenses are recognized following the cost principles contained in Uniform Guidance, wherein certain types of expenses are not allowable or are limited to reimbursement. De Minimis Rate Used: N Rate Explanation: The Housing Entity did not elect to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance. Expenditures reported on the schedule of expenditures of federal awards are reported on the accrual basis of accounting, the method used to prepare the Housing Entity’s basic financial statements. Note 1 of the Housing Entity’s basic financial statements describes the significant accounting policies used by the Housing Entity. Such expenses are recognized following the cost principles contained in Uniform Guidance, wherein certain types of expenses are not allowable or are limited to reimbursement.
Title: NOTE 3 - SUBRECIPIENTS Accounting Policies: Expenditures reported on the schedule of expenditures of federal awards are reported on the accrual basis of accounting, the method used to prepare the Housing Entity’s basic financial statements. Note 1 of the Housing Entity’s basic financial statements describes the significant accounting policies used by the Housing Entity. Such expenses are recognized following the cost principles contained in Uniform Guidance, wherein certain types of expenses are not allowable or are limited to reimbursement. De Minimis Rate Used: N Rate Explanation: The Housing Entity did not elect to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance. The Housing Entity reported no subrecipients.
Title: NOTE 4 - INDIRECT COST RATE Accounting Policies: Expenditures reported on the schedule of expenditures of federal awards are reported on the accrual basis of accounting, the method used to prepare the Housing Entity’s basic financial statements. Note 1 of the Housing Entity’s basic financial statements describes the significant accounting policies used by the Housing Entity. Such expenses are recognized following the cost principles contained in Uniform Guidance, wherein certain types of expenses are not allowable or are limited to reimbursement. De Minimis Rate Used: N Rate Explanation: The Housing Entity did not elect to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance. The Housing Entity did not elect to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.

Finding Details

Finding 2022-001
Compliance with Reporting Requirements of OMB –Single Audit - Material Weakness Condition: The data collection form for the year ended December 31, 2022, was not filed within nine months of year- end. Criteria: Per Uniform Guidance 2 CFR 200, the single audit reporting package, and the data collection form (SF- SAC) must be submitted to the Federal Audit Clearinghouse within 30 calendar days after receipt of the auditor's report(s), or 9 months after the end of the audit period, whichever comes first. Cause: All required information required for the Single Audit was not available to complete within the required timeframe. Effect: Late filings with the Federal Clearinghouse affect the determination of the Housing Entity being considered a “low risk auditee”pursuant to OMB guidance. Auditor's Recommendation: We recommend the Housing Entity attempt to meet the annual filing requirements.
Finding 2022-001
Compliance with Reporting Requirements of OMB –Single Audit - Material Weakness Condition: The data collection form for the year ended December 31, 2022, was not filed within nine months of year- end. Criteria: Per Uniform Guidance 2 CFR 200, the single audit reporting package, and the data collection form (SF- SAC) must be submitted to the Federal Audit Clearinghouse within 30 calendar days after receipt of the auditor's report(s), or 9 months after the end of the audit period, whichever comes first. Cause: All required information required for the Single Audit was not available to complete within the required timeframe. Effect: Late filings with the Federal Clearinghouse affect the determination of the Housing Entity being considered a “low risk auditee”pursuant to OMB guidance. Auditor's Recommendation: We recommend the Housing Entity attempt to meet the annual filing requirements.
Finding 2022-001
Compliance with Reporting Requirements of OMB –Single Audit - Material Weakness Condition: The data collection form for the year ended December 31, 2022, was not filed within nine months of year- end. Criteria: Per Uniform Guidance 2 CFR 200, the single audit reporting package, and the data collection form (SF- SAC) must be submitted to the Federal Audit Clearinghouse within 30 calendar days after receipt of the auditor's report(s), or 9 months after the end of the audit period, whichever comes first. Cause: All required information required for the Single Audit was not available to complete within the required timeframe. Effect: Late filings with the Federal Clearinghouse affect the determination of the Housing Entity being considered a “low risk auditee”pursuant to OMB guidance. Auditor's Recommendation: We recommend the Housing Entity attempt to meet the annual filing requirements.
Finding 2022-001
Compliance with Reporting Requirements of OMB –Single Audit - Material Weakness Condition: The data collection form for the year ended December 31, 2022, was not filed within nine months of year- end. Criteria: Per Uniform Guidance 2 CFR 200, the single audit reporting package, and the data collection form (SF- SAC) must be submitted to the Federal Audit Clearinghouse within 30 calendar days after receipt of the auditor's report(s), or 9 months after the end of the audit period, whichever comes first. Cause: All required information required for the Single Audit was not available to complete within the required timeframe. Effect: Late filings with the Federal Clearinghouse affect the determination of the Housing Entity being considered a “low risk auditee”pursuant to OMB guidance. Auditor's Recommendation: We recommend the Housing Entity attempt to meet the annual filing requirements.