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Corrective Action Plans

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Finding 51060 (2022-002)
Significant Deficiency 2022
Lutheran Social Services of Central Ohio Marion Place I Housing, Inc.
OH
HUD Housing Programs Internal Control / Segregation of Duties Cash Management
Finding Number: 2022-002 Condition: The Corporation used surplus cash calculated at June 30, 2021, to make a payment on a residual receipts note without prior approval from HUD. Planned Corrective Action: Management acknowledges noncompliance in the current fiscal year and has taken measures to impr...
Finding Number: 2022-002 Condition: The Corporation used surplus cash calculated at June 30, 2021, to make a payment on a residual receipts note without prior approval from HUD. Planned Corrective Action: Management acknowledges noncompliance in the current fiscal year and has taken measures to improve internal controls over compliance. Management deposited the surplus cash amount of $22,809 into residual receipts on September 23, 2022.
View Audit 43548
Pompei Housing Development Fund Company, Inc.
NY
HUD Housing Programs Procurement, Suspension & Debarment
Finding 2022-002: Mortgage Insurance for the Purchase or Refinancing of Existing Multifamily Housing Projects, Federal Assistance Listing Number 14.155 Recommendation: Our auditors recommended that we resume unit inspections and ensure those inspections are properly documented in the tenant files. ...
Finding 2022-002: Mortgage Insurance for the Purchase or Refinancing of Existing Multifamily Housing Projects, Federal Assistance Listing Number 14.155 Recommendation: Our auditors recommended that we resume unit inspections and ensure those inspections are properly documented in the tenant files. Action Taken: Unit inspections were completed in June 2022. Completion Date: June 2022 Name of Contact Person Responsible for Corrective Action: Kyle Lyskawa, CFO, (315) 424-1821.
View Audit 43750
Pompei Housing Development Fund Company, Inc.
NY
HUD Housing Programs Procurement, Suspension & Debarment
Finding 2022-001: Mortgage Insurance for the Purchase or Refinancing of Existing Multifamily Housing Projects, Federal Assistance Listing Number 14.155 Condition: The required deposit of $23,012 for the year ended March 31, 2021 was made four days after the 60 day deadline. Recommendation: Pompei ...
Finding 2022-001: Mortgage Insurance for the Purchase or Refinancing of Existing Multifamily Housing Projects, Federal Assistance Listing Number 14.155 Condition: The required deposit of $23,012 for the year ended March 31, 2021 was made four days after the 60 day deadline. Recommendation: Pompei North Apartments should ensure residual receipts are made within 60 days of year-end in accordance with the HUD Regulatory Agreement. Action Taken: The required deposit was made in June 2021.
View Audit 43750
St. Tammany Manor, Inc. (rouquette Lodge Apts.)
LA
HUD Housing Programs Reporting
Finding Reference Number: 2022-001 Concur or Do Not Concur: Concur Agree or Disagree with Auditor Recommendations: Agree Actions Taken or Planned on the Finding: Management agrees with the finding. The excess funds were accrued to offset future Section 8 HAP requests. Completion Date: March 3, 20...
Finding Reference Number: 2022-001 Concur or Do Not Concur: Concur Agree or Disagree with Auditor Recommendations: Agree Actions Taken or Planned on the Finding: Management agrees with the finding. The excess funds were accrued to offset future Section 8 HAP requests. Completion Date: March 3, 2023
View Audit 50337
Finding 50952 (2022-001)
Significant Deficiency 2022
St John's Health Care Corporation
NY
HUD Housing Programs Matching / Level of Effort / Earmarking
Recommendation: Adhere to the HUD regulatory agreement in relation to obtaining prior written approval from HUD before encumbering the Project. Action Taken: During 2022, the Home received approval for the entirety of the loan balance and recognized the proceeds of the Small Business Administratio...
Recommendation: Adhere to the HUD regulatory agreement in relation to obtaining prior written approval from HUD before encumbering the Project. Action Taken: During 2022, the Home received approval for the entirety of the loan balance and recognized the proceeds of the Small Business Administration loan as of December 31, 2022. The Home obtained the Small Business Administration loan as a prudent business decision to meet operating expenses. The Home will obtain prior written approval from HUD before encumbering the Project in the future.
View Audit 53719
Finding 50949 (2022-001)
Significant Deficiency 2022
Multnomah Education Service District
OR
HUD Housing Programs Significant Deficiency Matching / Level of Effort / Earmarking § 200.326
November 15, 2022 Oregon Secretary of state, Audits Division 255 Capito! St. NE, Suite #500 Salem, OR 97310 Plan of Action for Multnomah Education Service District The Multnomah Education Service District respectfully submits the following corrective action plan in response to deficiencies reported ...
November 15, 2022 Oregon Secretary of state, Audits Division 255 Capito! St. NE, Suite #500 Salem, OR 97310 Plan of Action for Multnomah Education Service District The Multnomah Education Service District respectfully submits the following corrective action plan in response to deficiencies reported In our audit of fiscal year ended June 30, 2022. The audit was completed by the independent auditing firm Talbot, Korvola and Warwick, and reported the deficiency listed below. The plan of action was adopted by the governing body at their meeting on November 15, 2022, as indicated by signatures below. Finding 2022.001: Significant deficiency Condition: The provisions for the prevailing wage rates requirements were not included in the construction contracts in excess of $2,000 financed by ESF funds and that the required certified payrolls were not obtained. The related deficiency in internal controls over compliance is considered to be a significant deficiency. As the District does not typically fund construction projects with federal fund, the District's staff were unaware of the $2,000 threshold for construction contacts financed by ESF funds to include prevailing wage rates requirements and used a threshold of $50,000, the Oregon Bureau of Labor & Industries' threshold for prevailing wage rate requirements for public works projects in Oregon. Cause: Effect or potential effect: Without adequate internal controls over wage rate requirements and Including the required provisions in construrtion contracts in excess of $2,000 financed by ESF funds, the District cannot demonstrate compliance with the wage rate requirements of the Davis-Bacon Act requirements. Questioned Costs: Questioned costs, if any, are indeterminable. Out of nine capital projects totaling $123,558, a sample of three capital projects was haphazardly selected. The capital projects were between $9,405 and $14,360 and totaled $26,024. Context; Recommendation: The District should obtain an understanding of all compliance requirements and implement controls to ensure compliance with federal wage rate requirements. Superintendent Dr. Faul Coakley Board of Directors Jessica Ariate ? Mary Botkin ? Kristin Corniielle < Katrina Doughty ? Dr. Samuel Henry ? Deny.se Peterson ? Helen Ying I !611 NE ??ns\?orth Circle ? Portland. Oregon 97220 ? (502) 255-18^1 ? MultnofiialiESD.org p!an ?? action: The Director oi Business & Operations is responsible for implementing the plan of action. All construction projects are managed by the MESD Facilities office. The Director instructed the MESD Contract and Risk Manager, meet with the Facilities office to inform staff of the Davis-Bacon prevailing wage requirements for construction contracts in excess of $ ? 2,00 . Facilities will include the consideration of Davis-Bacon requirements when reviewing a project request that is or has the potential of being federally funded. Facilities will implement the requirements of the Davis-Bacon Act as needed. Timeframe: The meeting took place on November 2, 2022. Facilities has updated their internal procedures. ? ' Multnora ESD Board Chair, Denyse Peterson Superintendent, Dr. Paul Coakley
View Audit 53728
Finding 50942 (2022-001)
Significant Deficiency 2022
Nba/gpva Accessible Housing, Inc.
MO
Questioned Costs HUD Housing Programs Procurement, Suspension & Debarment
Finding #2022-001 Comments on the Finding and Each Recommendation: Statement of condition #2022-001: From the period October 1, 2021 through June 30, 2022, the Corporation did not have a HUD approved Project Owner's/Management Agent's Certification (HUD-9839-B). Recommendation: Management should...
Finding #2022-001 Comments on the Finding and Each Recommendation: Statement of condition #2022-001: From the period October 1, 2021 through June 30, 2022, the Corporation did not have a HUD approved Project Owner's/Management Agent's Certification (HUD-9839-B). Recommendation: Management should continue to request the executed Project Owner's/Management Agent's Certification (HUD-9839-B) from HUD. Management should not pay any management fees until the executed Project Owner's/Management Agent's Certification (HUD-9839-B) is received. Action(s) taken or planned on the finding: Agree. Management received email correspondence from HUD on August 12, 2021 that stated the Agent is approved to take over management immediately and the Project Owner's/Management Agent's Certification (HUD-9839-B) would be retroactively effective. Management has continued to seek the executed Project Owner's/Management Agent's Certification (HUD-9839-B) from HUD.
View Audit 50873 Questioned Costs: $1
Finding 50937 (2022-001)
Significant Deficiency 2022
The Joseph P. Addabbo Family Health Center, Inc.
NY
Special Tests & Provisions HUD Housing Programs
The Joseph P. Addabbo Family Health Center, Inc. (the ?Center?) Corrective Action Plan For the Year Ended December 31, 2022 Health Resources and Services Administration (?HRSA?) FEDERAL AWARD FINDINGS AND QUESTIONED COSTS Finding 2022-001 Special Tests and Provisions - Sliding Fee Discounts Descr...
The Joseph P. Addabbo Family Health Center, Inc. (the ?Center?) Corrective Action Plan For the Year Ended December 31, 2022 Health Resources and Services Administration (?HRSA?) FEDERAL AWARD FINDINGS AND QUESTIONED COSTS Finding 2022-001 Special Tests and Provisions - Sliding Fee Discounts Description of Finding: During our audit, we noted that the sliding fee discount schedule (?SFDS?) was not properly applied to a patient due to an error made by the patient services representative. Statement of Concurrence: We concur with the finding above. Corrective Action: All supervisors were mandated to conduct training sessions for all staff members involved in patient registration and billing processes. The Center has improved communication between the registration and billing personnel, to ensure that patient information and financial details are accurately shared to minimize the risk of errors. The Center is in the process of updating its documentation processes to include clear guidelines on handling sliding fee scale patients, along with mandatory checklists to ensure all steps are followed correctly. Name of Contact Person: Lawrence Wojcik Chief Financial Officer Tel. No.: (718) 945-7150 E-mail: lwojcik@addabbo.org. Projected Completion Date: If HRSA has questions regarding this Corrective Action Plan, please call Lawrence Wojcik at (718) 945-7150. Sincerely yours, _________________________ Lawrence Wojcik Chief Financial Officer
View Audit 49694
Finding 50885 (2022-003)
Significant Deficiency 2022
Housing and Redevelopment Authority of Wadena
MN
HUD Housing Programs Reporting
FINDING: 2022-003-HousingVoucherCluster,CFDANo. 14.871 and14.879 -Reporting Recommendation: We recommend that management have more procedures in place to effectively reconcile, review, and submit required reports to HUD. Actions Planned/Taken in Response to Finding: Wadena HRA is working with softwa...
FINDING: 2022-003-HousingVoucherCluster,CFDANo. 14.871 and14.879 -Reporting Recommendation: We recommend that management have more procedures in place to effectively reconcile, review, and submit required reports to HUD. Actions Planned/Taken in Response to Finding: Wadena HRA is working with software provider and fee accounting company to reconcile, review, and submit required reports to HUD. Contact Person Responsible for Corrective Action: Maria Marthaler, Executive Director Planned Completion Date: June 30,2023
View Audit 42572
Finding 50873 (2022-006)
Significant Deficiency 2022
City of Baton Rouge - Parish of East Baton Rouge
LA
Reporting Subrecipient Monitoring HUD Housing Programs
2022-006) Reporting Management?s response and corrective action is as follows: The City-Parish transitioned the administration of the Office of Community Development (OCD) in late 2021 throughout 2022. The staff requested access to the Department of Housing and Urban Development?s online reportin...
2022-006) Reporting Management?s response and corrective action is as follows: The City-Parish transitioned the administration of the Office of Community Development (OCD) in late 2021 throughout 2022. The staff requested access to the Department of Housing and Urban Development?s online reporting system, the Integrated Disbursement and Information System (IDIS) in order to complete the CAPER. The OCD staff did not receive access to IDIS until January 2023, at which time the OCD staff began working to complete the reports. The 2022 program year report was completed in June 2023. Moving forward, the new administration at the OCD is redesigning the reporting system for subrecipients and developers to increase the efficiency and accuracy of reporting. The new system should reduce staff burden and reduce the impact of staff transitions on reporting requirements in the future. Expected Implementation Date: August 2023 Contact person: Marlee Pittman, Interim Director, Office of Community Development
View Audit 53428
Finding 50860 (2022-001)
Significant Deficiency 2022
Sonrisa Apartments, Inc. 123-Hd043
AZ
Questioned Costs HUD Housing Programs Internal Control / Segregation of Duties
Department of Housing and Urban Development Sonrisa Apartments, Inc. respectfully submits the following corrective action plan for the year ended September 30, 2022. Name and address of the independent public accounting firm: Addison Accounting Services, PLLC, 7618 N. La Cholla Blvd., Tucson, AZ 8...
Department of Housing and Urban Development Sonrisa Apartments, Inc. respectfully submits the following corrective action plan for the year ended September 30, 2022. Name and address of the independent public accounting firm: Addison Accounting Services, PLLC, 7618 N. La Cholla Blvd., Tucson, AZ 85741 Audit period: September 30, 2022 The findings from September 30, 2022 schedule of findings and questioned costs are discussed below. The findings are numbered consistently with the numbers assigned in the schedule. Section A of the schedule, Summary of Audit Results, does not include findings and is not addressed. Findings ? Federal Award Programs Audits Department of Housing and Urban Development 2022-001 Section 811 Supportive Housing for Persons with Disabilities, CFDA 14.181 Recommendation: The accounting system should be analyzed monthly to verify that all accounts are properly accounted for and that the system is operating efficiently. Actions Taken: Property Management Agent corrected the balances and the system before the audit was issued. The finding is considered cleared. If the Department of Housing and Urban Development has questions regarding this plan, please call the number below.
View Audit 52949 Questioned Costs: $1
Greencroft Manor Iii, Inc.
IN
HUD Housing Programs Procurement, Suspension & Debarment Reporting
Finding Number: 2022-002 Condition: The Corporation deposited prior year surplus cash after the deadline as stated in the Real Estate Assessment Center?s Summary of Financial Reporting and Auditing Guidan...
Finding Number: 2022-002 Condition: The Corporation deposited prior year surplus cash after the deadline as stated in the Real Estate Assessment Center?s Summary of Financial Reporting and Auditing Guidance for HUD (FRAG Guide) under Section 2.8. Planned Corrective Action: Management acknowledges noncompliance in the current fiscal year and has taken measures to improve internal controls over compliance. Management deposited the surplus cash amount of $43,488 into the residual receipts account on October 4, 2021. Contact person responsible for corrective action: Scott Martin Anticipated Completion Date: October 4, 2021
View Audit 53818
Greencroft Manor Iii, Inc.
IN
HUD Housing Programs Internal Control / Segregation of Duties Procurement, Suspension & Debarment
Finding Number: 2022-001 Condition: The Corporation failed to make the required reserve for replacements deposits in the correct amount in the current fiscal year. This resulted in an immaterial underfun...
Finding Number: 2022-001 Condition: The Corporation failed to make the required reserve for replacements deposits in the correct amount in the current fiscal year. This resulted in an immaterial underfunding of $876. Planned Corrective Action: Management acknowledges noncompliance in the current fiscal year and has taken measures to improve internal controls over compliance. Management deposited the underfunded amount in full on August 16, 2022. Contact person responsible for corrective action: Scott Martin Anticipated Completion Date: August 16, 2022
View Audit 53818
Whispering Hope, Inc.
LA
Questioned Costs HUD Housing Programs Reporting
Finding Reference Number: 2022-001 Concur or Do Not Concur: Concur Agree or Disagree with Auditor Recommendations: Agree Actions Taken or Planned on the Finding: Management agrees with the finding. Management agrees with the finding. Management repaid the funds on June 10, 2022. Completion Date: J...
Finding Reference Number: 2022-001 Concur or Do Not Concur: Concur Agree or Disagree with Auditor Recommendations: Agree Actions Taken or Planned on the Finding: Management agrees with the finding. Management agrees with the finding. Management repaid the funds on June 10, 2022. Completion Date: June 10, 2022
View Audit 53283 Questioned Costs: $1
Iowa Elderly Housing Corporation
LA
HUD Housing Programs Reporting
Finding Reference Number: 2022-001 Concur or Do Not Concur: Concur Agree or Disagree with Auditor Recommendations: Agree Actions Taken or Planned on the Finding: Management agrees with the finding. The managing agent has requested that HUD retroactively suspend the required deposits for the period ...
Finding Reference Number: 2022-001 Concur or Do Not Concur: Concur Agree or Disagree with Auditor Recommendations: Agree Actions Taken or Planned on the Finding: Management agrees with the finding. The managing agent has requested that HUD retroactively suspend the required deposits for the period in question and is awaiting their response. Management will ensure that the replacement reserve deposits are made on a timely basis in the future. Completion Date: September 30, 2022
View Audit 52552
Dequincy Elderly Housing Corporation
LA
Questioned Costs HUD Housing Programs Reporting
Finding Reference Number: 2022-002 Concur or Do Not Concur: Concur Agree or Disagree with Auditor Recommendations: Agree Actions Taken or Planned on the Finding: Management agrees with the finding. The funds were deposited back into the restricted account on June 24, 2022. Completion Date: June 24,...
Finding Reference Number: 2022-002 Concur or Do Not Concur: Concur Agree or Disagree with Auditor Recommendations: Agree Actions Taken or Planned on the Finding: Management agrees with the finding. The funds were deposited back into the restricted account on June 24, 2022. Completion Date: June 24, 2022
View Audit 51605 Questioned Costs: $1
Dequincy Elderly Housing Corporation
LA
HUD Housing Programs Reporting
Finding Reference Number: 2022-001 Concur or Do Not Concur: Concur Agree or Disagree with Auditor Recommendations: Agree Actions Taken or Planned on the Finding: Management agrees with the finding. The managing agent has requested that HUD retroactively suspend the required deposits for the period ...
Finding Reference Number: 2022-001 Concur or Do Not Concur: Concur Agree or Disagree with Auditor Recommendations: Agree Actions Taken or Planned on the Finding: Management agrees with the finding. The managing agent has requested that HUD retroactively suspend the required deposits for the period in question and is awaiting their response. Management will ensure that the replacement reserve deposits are made on a timely basis in the future. Completion Date: September 30, 2022
View Audit 51605
Volunteers of America Texas Manor House, Inc.
TX
HUD Housing Programs Cash Management Reporting
Finding Reference Number: 2022-001 Concur or Do Not Concur: Concur Agree or Disagree with Auditor Recommendations: Agree Actions Taken or Planned on the Finding: Management agrees with the finding. The excess funds were accrued to submit to HUD. Completion Date: August 3, 2022
Finding Reference Number: 2022-001 Concur or Do Not Concur: Concur Agree or Disagree with Auditor Recommendations: Agree Actions Taken or Planned on the Finding: Management agrees with the finding. The excess funds were accrued to submit to HUD. Completion Date: August 3, 2022
View Audit 51597
Finding 50758 (2022-002)
Material Weakness 2022
Afiya Apartments INC
OR
HUD Housing Programs Eligibility Material Weakness
Management?s Response and Planned Corrective Actions: 1. The name of the contact person(s) responsible for the corrective action a. Kathleen Broadhurst, Finance Director/ShelterCare 2. The corrective action planned: a. Pinehurst Management overseeing property through 4/30/2023. A new management agen...
Management?s Response and Planned Corrective Actions: 1. The name of the contact person(s) responsible for the corrective action a. Kathleen Broadhurst, Finance Director/ShelterCare 2. The corrective action planned: a. Pinehurst Management overseeing property through 4/30/2023. A new management agent will be identified to take over the property after 4/30/2023. b. Ensure that the new managing agent employs an onsite manager with HUD compliance experience. c. Currently prioritizing recertifications by oldest first. d. Monthly review of TRACS reports to ensure recertifications are being completed in a timely manner. 3. The anticipated completion date: a. New processes will be implemented by 5/1/2023.
View Audit 41842
Finding 50654 (2022-001)
Significant Deficiency 2022
Housing and Redevelopment Authority of Clay County
MN
HUD Housing Programs Reporting Significant Deficiency
Contact Person Dara A. Lee, Executive Director Corrective Action Plan The Authority plans to review and make the necessary changes to its year-end financial closing procedures to ensure its financial records are reconciled and available in order to submit its financial data within a timely manner. P...
Contact Person Dara A. Lee, Executive Director Corrective Action Plan The Authority plans to review and make the necessary changes to its year-end financial closing procedures to ensure its financial records are reconciled and available in order to submit its financial data within a timely manner. Planned Completion Date for CAP December 31, 2023
View Audit 53869
Finding 50651 (2022-003)
Significant Deficiency 2022
City of Lynwood
CA
Subrecipient Monitoring HUD Housing Programs Reporting
Gabriel Linares, Community Development (CD) Director, will enhance the department?s policy/desk procedure to ensure timely filing of the CAPER report. In addition, CD staff will research the Section 15011 requirement, and start timely and properly file the required report.
Gabriel Linares, Community Development (CD) Director, will enhance the department?s policy/desk procedure to ensure timely filing of the CAPER report. In addition, CD staff will research the Section 15011 requirement, and start timely and properly file the required report.
View Audit 53593
Finding 50641 (2022-003)
Material Weakness 2022
City of Olathe, Kansas
KS
HUD Housing Programs Material Weakness Special Tests & Provisions
Finding 2022-003 ? Assistance #14.871 ? Section 8 Housing Choice Vouchers ? Special Tests: Selection from the Waiting List (Material Weakness): Condition: A secondary review of waiting list decisions was not being performed. In addition, it was noted that the wait list is only maintained for 3 years...
Finding 2022-003 ? Assistance #14.871 ? Section 8 Housing Choice Vouchers ? Special Tests: Selection from the Waiting List (Material Weakness): Condition: A secondary review of waiting list decisions was not being performed. In addition, it was noted that the wait list is only maintained for 3 years so evidence of wait list position for tenants that have been in the program for longer than 3 years could not be provided. Recommendations: We recommend that the Housing Authority follow the new quality control policies and procedures implemented in the 4th quarter of 2022 to ensure that wait list documentation is being reviewed and approved, and also that a copy of the waitlist documentation be kept in each tenant file so that there is a historical record of the wait list process once the actual wait list is no longer being maintained. Corrective Action Plan: The plan was executed in October 2022 and has been followed since. Contact Person: Joyce DePriest, Interim Executive Director
View Audit 52358
Finding 50640 (2022-002)
Material Weakness 2022
City of Olathe, Kansas
KS
HUD Housing Programs Eligibility Material Weakness
Finding 2022-002 ? Assistance #14.871 ? Section 8 Housing Choice Vouchers ? Eligibility (Material Weakness): Condition: A secondary review or approval of eligibility documentation was not being performed. Recommendations: We recommend that the Housing Authority follow the new quality control policie...
Finding 2022-002 ? Assistance #14.871 ? Section 8 Housing Choice Vouchers ? Eligibility (Material Weakness): Condition: A secondary review or approval of eligibility documentation was not being performed. Recommendations: We recommend that the Housing Authority follow the new quality control policies and procedures implemented in the 4th quarter of 2022 to ensure that eligibility calculations are being reviewed by someone other than the preparer, and also that all required documentation is being maintained in tenant files. Corrective Action Plan: The plan was executed in October 2022 and has been followed since. Contact Person: Joyce DePriest, Interim Executive Director
View Audit 52358
Finding 50639 (2022-001)
Material Weakness 2022
City of Olathe, Kansas
KS
HUD Housing Programs Reporting Material Weakness
Finding 2022-001 ? Assistance #14.871 ? Section 8 Housing Choice Vouchers ? Reporting (Material Weakness): Condition: A secondary review or approval of monthly and annual reporting submitted through HUD?s voucher management system was not being performed. One of the annual reports (SEMAP) had calcul...
Finding 2022-001 ? Assistance #14.871 ? Section 8 Housing Choice Vouchers ? Reporting (Material Weakness): Condition: A secondary review or approval of monthly and annual reporting submitted through HUD?s voucher management system was not being performed. One of the annual reports (SEMAP) had calculation errors. Recommendations: We recommend that the Housing Authority update policies and procedures to ensure that monthly and annual reports are being reviewed by someone other than the preparer, and also that copies of the submissions, along with supporting documentation, are being maintained to support the information being submitted to HUD. Corrective Action Plan: Management plans to update the written procedures for SEMAP to require a secondary review. Contact Person: Joyce DePriest, Interim Executive Director. Anticipated Completion Date: This will be accomplished by the end of third quarter 2023.
View Audit 52358
1347 Morris Avenue Corporation
NY
HUD Housing Programs Cash Management Reporting
1347 Morris Avenue Corporation 290 Lenox, 3rd Floor New York, NY 10027 AUDITEE?S CORRECTIVE ACTION PLAN Name and Number of Project 1347 Morris Avenue Corporation, FHA Project Number 012-HD086 Auditor/Audit Firm PKF O?Connor Davies LLP Audit Period June 30, 2022 Finding 2022-001 ? Timely Deposi...
1347 Morris Avenue Corporation 290 Lenox, 3rd Floor New York, NY 10027 AUDITEE?S CORRECTIVE ACTION PLAN Name and Number of Project 1347 Morris Avenue Corporation, FHA Project Number 012-HD086 Auditor/Audit Firm PKF O?Connor Davies LLP Audit Period June 30, 2022 Finding 2022-001 ? Timely Deposit of Surplus Cash A. Comments on Finding and Recommendations Recommendation ? We recommend that management ensures the surplus cash deposit is done timely in the future. B. Actions Taken or Planned Auditee agrees with this finding. Our policy has been to make surplus cash deposits after the final audit has been issued. Going forward our focus will be to work with the auditor and owner to get the audits finalized earlier so adequate time is left for the deposits to be made. In instances where the final is not going to be issued and allow enough time, the deposit will be made based on the reviewed draft. C. Status of Corrective Action on Prior Findings No prior findings. Ezra Mill, CFO
View Audit 49937
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