FAC Explorer

Audit 7530

FY End
2022-09-30
Total Expended
$12.36M
Findings
8
Programs
4
Organization: Comanche Nation Housing Authority (OK)
Year: 2022 Accepted: 2023-12-19
Auditor: Melissa B Petersen CPA LLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
5630 2022-001 Significant Deficiency - L
5631 2022-001 Significant Deficiency - L
5632 2022-001 Significant Deficiency - L
5633 2022-001 Significant Deficiency - L
582072 2022-001 Significant Deficiency - L
582073 2022-001 Significant Deficiency - L
582074 2022-001 Significant Deficiency - L
582075 2022-001 Significant Deficiency - L

Programs

ALN Program Spent Major Findings
14.867 Indian Housing Block Grants $8.34M Yes 1
21.026 Homeowner Assistance Fund $1.57M Yes 1
21.023 Emergency Rental Assistance Program $1.46M Yes 1
14.862 Indian Community Development Block Grant Program $995,673 Yes 1

Contacts

Name Title Type
C7KGN4D5ZKS5 Nora Sovo Auditee
5803574956 Melissa B Petersen Auditor
No contacts on file

Notes to SEFA

Title: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Accounting Policies: The Schedule is presented using the accrual basis of accounting, the method used to prepare the Housing Authority’s basic financial statements. Note 1 of the Housing Authority’s basic financial statements describes the significant accounting policies used by the Housing Authority. Such expenses are recognized following the cost principles contained in Uniform Guidance, wherein certain types of expenses are not allowable or are limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: The Housing Authority did not elect to use 10% de minimis indirect cost rate. The Schedule is presented using the accrual basis of accounting, the method used to prepare the Housing Authority’s basic financial statements. Note 1 of the Housing Authority’s basic financial statements describes the significant accounting policies used by the Housing Authority. Such expenses are recognized following the cost principles contained in Uniform Guidance, wherein certain types of expenses are not allowable or are limited as to reimbursement.

Finding Details

Finding 2022-001
14.862 HUD – ICDBG, 14.867 HUD – IHBG, 21.023 ERAP TREASURY; 21.026 HAF TREASURY; 2 CFR 200.512 Audit Report Submission The audit report has not been timely completed and submitted to the funding agency or the federal audit clearinghouse. The Housing Authority is out of compliance with required reporting. None identified The Housing Authority experienced turnover in key finance staff position. The Housing Authority should prepare for audit through-out the year and ready the financial reporting shortly after year-end; and continue to utilize the services of an experienced fee accountant to assist with preparing for audit.
Finding 2022-001
14.862 HUD – ICDBG, 14.867 HUD – IHBG, 21.023 ERAP TREASURY; 21.026 HAF TREASURY; 2 CFR 200.512 Audit Report Submission The audit report has not been timely completed and submitted to the funding agency or the federal audit clearinghouse. The Housing Authority is out of compliance with required reporting. None identified The Housing Authority experienced turnover in key finance staff position. The Housing Authority should prepare for audit through-out the year and ready the financial reporting shortly after year-end; and continue to utilize the services of an experienced fee accountant to assist with preparing for audit.
Finding 2022-001
14.862 HUD – ICDBG, 14.867 HUD – IHBG, 21.023 ERAP TREASURY; 21.026 HAF TREASURY; 2 CFR 200.512 Audit Report Submission The audit report has not been timely completed and submitted to the funding agency or the federal audit clearinghouse. The Housing Authority is out of compliance with required reporting. None identified The Housing Authority experienced turnover in key finance staff position. The Housing Authority should prepare for audit through-out the year and ready the financial reporting shortly after year-end; and continue to utilize the services of an experienced fee accountant to assist with preparing for audit.
Finding 2022-001
14.862 HUD – ICDBG, 14.867 HUD – IHBG, 21.023 ERAP TREASURY; 21.026 HAF TREASURY; 2 CFR 200.512 Audit Report Submission The audit report has not been timely completed and submitted to the funding agency or the federal audit clearinghouse. The Housing Authority is out of compliance with required reporting. None identified The Housing Authority experienced turnover in key finance staff position. The Housing Authority should prepare for audit through-out the year and ready the financial reporting shortly after year-end; and continue to utilize the services of an experienced fee accountant to assist with preparing for audit.
Finding 2022-001
14.862 HUD – ICDBG, 14.867 HUD – IHBG, 21.023 ERAP TREASURY; 21.026 HAF TREASURY; 2 CFR 200.512 Audit Report Submission The audit report has not been timely completed and submitted to the funding agency or the federal audit clearinghouse. The Housing Authority is out of compliance with required reporting. None identified The Housing Authority experienced turnover in key finance staff position. The Housing Authority should prepare for audit through-out the year and ready the financial reporting shortly after year-end; and continue to utilize the services of an experienced fee accountant to assist with preparing for audit.
Finding 2022-001
14.862 HUD – ICDBG, 14.867 HUD – IHBG, 21.023 ERAP TREASURY; 21.026 HAF TREASURY; 2 CFR 200.512 Audit Report Submission The audit report has not been timely completed and submitted to the funding agency or the federal audit clearinghouse. The Housing Authority is out of compliance with required reporting. None identified The Housing Authority experienced turnover in key finance staff position. The Housing Authority should prepare for audit through-out the year and ready the financial reporting shortly after year-end; and continue to utilize the services of an experienced fee accountant to assist with preparing for audit.
Finding 2022-001
14.862 HUD – ICDBG, 14.867 HUD – IHBG, 21.023 ERAP TREASURY; 21.026 HAF TREASURY; 2 CFR 200.512 Audit Report Submission The audit report has not been timely completed and submitted to the funding agency or the federal audit clearinghouse. The Housing Authority is out of compliance with required reporting. None identified The Housing Authority experienced turnover in key finance staff position. The Housing Authority should prepare for audit through-out the year and ready the financial reporting shortly after year-end; and continue to utilize the services of an experienced fee accountant to assist with preparing for audit.
Finding 2022-001
14.862 HUD – ICDBG, 14.867 HUD – IHBG, 21.023 ERAP TREASURY; 21.026 HAF TREASURY; 2 CFR 200.512 Audit Report Submission The audit report has not been timely completed and submitted to the funding agency or the federal audit clearinghouse. The Housing Authority is out of compliance with required reporting. None identified The Housing Authority experienced turnover in key finance staff position. The Housing Authority should prepare for audit through-out the year and ready the financial reporting shortly after year-end; and continue to utilize the services of an experienced fee accountant to assist with preparing for audit.