FAC Explorer

Corrective Action Plans

Browse how organizations respond to audit findings

Total CAPs
61,491
In database
Filtered Results
23,815
Matching current filters
Showing Page
784 of 953
25 per page

Filters

Clear
Active filters: Questioned Costs
Finding 43787 (2022-001)
Significant Deficiency 2022
Jewish Family & Children's Service of Southern Arizona, Inc.
AZ
Questioned Costs Cash Management
Management has added another a third layer of federal award invoice approval prior to submission of the monthly submission for reimbursement.
Management has added another a third layer of federal award invoice approval prior to submission of the monthly submission for reimbursement.
View Audit 45428
Finding 43785 (2022-003)
Significant Deficiency 2022
Adults & Childrens Alliance, Inc.
MN
Questioned Costs Cash Management Eligibility
Adults? & Children?s Alliance is submitting the following Corrective Action Plan for Significant Deficiency found during audit for FY22 (10/1/2021-09/30/2022) Found in Section II ? Financial Statements Findings 2022-001 ? Lack of Segregation of Accounting Duties (Repeat finding 2021-001) Criteria: P...
Adults? & Children?s Alliance is submitting the following Corrective Action Plan for Significant Deficiency found during audit for FY22 (10/1/2021-09/30/2022) Found in Section II ? Financial Statements Findings 2022-001 ? Lack of Segregation of Accounting Duties (Repeat finding 2021-001) Criteria: Proper internal control structure includes review of journal entries, bank reconciliations and the schedule of expenditures of federal awards, as well as an adequate system for recording and processing entries to the financial statements, in accordance with generally accepted accounting principles. Condition: The limited number of staff in the accounting department results in certain functions that are not properly segregated which normally would enhance internal control, including the lack of review of journal entries, bank reconciliations, and the schedule of expenditures of federal awards. Cause: The internal control structure does not provide an appropriate segregation of duties for the financial reporting process. Effect: Although this condition is not unusual for an entity the size of the Organization, the condition may affect the Organization's ability to initiate, record, process, and report financial data consistent with the assertions of management in the financial statements. Recommendation: It is the responsibility of management and those charged with governance to determine whether to accept the risk associated with this condition because of cost or other conditions. We recommend the Organization evaluate current procedures and segregate where possible and implement compensating controls.Responsible Official?s Response: Management will evaluate current procedures and segregate where possible and implement compensating/alternative controls appropriately according to staffing and budget. Corrective Actions: ACA will continue to work with Bottom Line Accounting Services when finances do not align Lisa Dunlap, the Executive Director, works with Bottom Line Accounting Services to find resolution. Lisa Dunlap, Sandra Lee the CACFP Director and Denise Hess additional staff will work together for checks and balances for payroll, Quick Books for accounts payable/receivables, journal entries, banking, and CACFP program as well as any other financial activity. Quick books ? data entry Accounts payable Accounts receivable Roles and Responsibilities for Bottom Line Accounting Services Outline best practices for QBO JE?s, Deposits, or other entries for clear tracking. ? Review client posted payroll tax postings. ? Review organizations key transactions and financial statements for previous months ? Create and recommend posting monthly accounting allocations and/or adjustments. ? Assist staff with monthly accounting close and recommend appropriate accounting systems to ? be set up. Review reconciled monthly banking and investment accounts and maintain required ? supporting schedules. Provide QuickBooks online accounting support and QB training requested. ? Perform quarterly reconciliations of designated general ledger accounts. ? Assist clients as requested with preparations of annual audit. ? Recommend modifications to chart of account structure from information provided by client ? to enhance retrieval of necessary financial information. Completion time: On going. Contact person: Lisa Dunlap Lisa.dunlap@acainc.org 651-481-9320 2022-002 - Reporting Information on the SEFA Criteria: 2 CFR Part 200.510(b) states that the auditee must prepare a schedule of expenditures of federal awards for the period covered by the auditee's financial statements which must include the total federal awardsexpended. Federal program and award identification must include, as applicable, the Assistance Listing Number and title, the federal award identification number and year, the name of the federal agency, and the name of the pass-through entity, if any. This information enables the auditee to reconcile amounts presented in the financial statements to related amounts in the schedule of expenditures of federal awards. Condition: Management did not have a process in place to prepare a complete schedule of expenditures of federal awards, including identifying COVID-19 funding. The audit firm cannot serve as a compensating control. Cause: Proper processes were not in place for management to prepare the schedule of expenditures of federal awards. Potential Effect: As a result of this condition, there is a higher risk that the schedule of expenditures of federal awards could be incomplete or contain errors that are not detected. Recommendation: The Organization should review its policies and procedures to ensure all expenditures charged to federal grants are properly identified, recorded in the general ledger, and reflected on the schedule of expenditures of federal awards. Responsible Official's Response: Management is now aware that Emergency/Covid funds should have been separated by line when reporting even though from the same source, grant and pass-through grant number. Corrective Actions: SEFA The Schedule of Federal Awards report is completed by Lisa Dunlap with review from Bottom Line Accounting Services. Funding strands will be broken out and identified accordingly by funding type, grant number, pass through grant number as well as identified in general ledger with same information. Completion time: On going. Contact person: Lisa Dunlap Lisa.dunlap@acainc.org 651-481-93 202022-003 ? Meal Counts Federal Program: Assistance listing number 10.558, Child and Adult Care Food Program ? United States Department of Agriculture Compliance Requirement: Eligibility Criteria: A properly designed system of internal control over compliance with the requirements of federal programs allows entities to meet those requirements set forth by the federal government. Under the Child and Adult Care Food Program, the Organization is required to monitor eligibility of meals being reimbursed to providers. Condition: 1 of the 40 providers tested for meal counts had discrepancies. The provider's reimbursement improperly included 2 additional breakfast meal counts. Cause: The Organization noted a deduction of a breakfast count should have been made, however rather than deducting another breakfast count was added resulting in 2 additional breakfast meal counts. Questioned Costs: The results of this noncompliance did not result in any questions costs. Potential Effect: As a result of this condition, there is a higher risk that the provider meal counts are inaccurately reimbursed. Recommendation: The Organization should review its policies and procedures to ensure all provider meals charged to federal grants are properly reflected in the reimbursement request. Responsible Official's Response: This was a human error; management will continue to follow policy and procedures in place to ensure all meals charged to the federal grant are properly reflected in the reimbursement request. Corrective Actions: The 1/40 provider meal count finding was human error. Management will continue to follow the policies and procedures set in place to ensure all meals charged to federal grants are properly reflected in the reimbursement request. Completion time: On going. Contact person: Lisa Dunlap Lisa.dunlap@acainc.org 651-481-9320
View Audit 45420
Ripon College
WI
Questioned Costs Reporting
Condition The College?s report for the first calendar quarter of 2022 was not posted to the College?s website within the 10-day requirement. Corrective Action Plan Corrective Action Planned: The College agrees and concurs with the audit finding. The Business office will review and post any new quart...
Condition The College?s report for the first calendar quarter of 2022 was not posted to the College?s website within the 10-day requirement. Corrective Action Plan Corrective Action Planned: The College agrees and concurs with the audit finding. The Business office will review and post any new quarterly HEERF information to the College?s website within the 10 day required time. The College has not received or used HEERF funding in fiscal year 2023. The final quarterly HEERF report was for June 30, 2022. Name(s) of Contact Person(s) Responsible for Corrective Action: David Wesse ? Vice President for Finance ? Interim, Dennis Bangart ? Associate Vice President for Finance and Controller, and TBD ? Assistant Controller Anticipated Completion Date: This corrective action was completed July 11, 2022 when the final quarterly HEERF report was posted on the Ripon College website.
View Audit 48612
Finding 43782 (2022-001)
Significant Deficiency 2022
Hobbs Municipal School District #33
NM
Questioned Costs Cash Management Eligibility
Finding #2022-001 ? ALN 84.010, Title ? ISAS; L. Financial Reporting Corrective Action Planned: The District will implement controls to ensure reimbursement requests include proper expenditures. Anticipated Completion Date: November 2022
Finding #2022-001 ? ALN 84.010, Title ? ISAS; L. Financial Reporting Corrective Action Planned: The District will implement controls to ensure reimbursement requests include proper expenditures. Anticipated Completion Date: November 2022
View Audit 48611
Finding 43770 (2022-001)
Significant Deficiency 2022
Anderson Valley Health Center, Inc.
CA
Questioned Costs Allowable Costs / Cost Principles Reporting
Finding 2022-001 Delay in Financial Reporting Audit Finding: Management is responsible for providing timely and accurate financial information. The Center is required to submit the Data Collection Form and the reporting package to the Federal Audit Clearinghouse and the State Controller?s Office,...
Finding 2022-001 Delay in Financial Reporting Audit Finding: Management is responsible for providing timely and accurate financial information. The Center is required to submit the Data Collection Form and the reporting package to the Federal Audit Clearinghouse and the State Controller?s Office, which include the Basic Financial Statements of the Center within the earlier of 30 days after receipt of the auditor?s report, or nine months after the end of the audit period. The Center has experienced delays in the preparation and issuance of the year ended June 30, 2022 basic financial statements and its Single Audit required under Union Guidance. Corrective Action Plan: Due to AVHC's remote location, small size and FQHC status, we have found it extremely challenging to hire accounting staff with the required skills and knowledge to manage our unique organization, so we have successfully outsourced our accounting department for many years. However, when our former outsourced company sold to a large corporation, we began to experience a decline in services. Deadlines were not being met, yet costs were increasing 50% to 100%. In December 2022, a local FQHC began providing accounting services for us under a shared service agreement. Unfortunately, the FY22 audit was not complete at the time of the transition, and though we were under contract with the former consultant to complete the audit work, they were ultimately unable to complete the audit. Staff under the new agreement did not have access to critical historical data required to complete the last few outstanding items, increasing the amount of time to address them. Since FY22 audit work was not part of the new agreement, adequate staffing was not in place to manage the additional work. Management understands how important it is to meet the annual audit deadline. The plan for attaining and maintaining compliance consists of the following actions, many of which are in place: ? Review monthly processes to ensure workpapers are audit ready and that minimal adjustments are required after June financials have been issued. ? Manage staffing levels to ensure experienced staff are available to work with auditors during the annual audit period. ? Identify staff responsible for assisting with audit preparation and conduct regular training to ensure they can efficiently prepare requested documents and address auditor requests. ? Adhere to a pre-planned schedule with built-in time for unexpected delays. ? Begin planning for each audit six months prior to the end of the fiscal year: o Reach out to the selected auditor in January for an Engagement Letter, a PBC list, and to schedule fieldwork. o o Actively work with vendors to ensure all FY invoices are entered no later than the end of July so that a Trial Balance and other initially requested documents are provided to auditors no later than August 15. o o Staff assigned to assist with audit preparation are directed to prioritize audit work from July 1 until completion of audited financials. They will prioritize all requests from auditors, including document and sample requests and responding to questions. o o Any deviation from interim deadlines is to be communicated between accounting staff and auditors for resource planning on both sides. o o Weekly meetings will be scheduled between Management, accounting staff and audit staff at any point that the audit seems to be falling behind the planned schedule, to work through any issues as efficiently as possible. We are confident that full implementation of, and continuing attention to, these measures will ensure we complete future audits on time, beginning with FY23. Responsible Person: Christie MacVitie, CFO Expected Implementation Date: September 5, 2023
View Audit 46206
Puerto Rico Neighborhood Housing Services, Inc.
PR
Questioned Costs Reporting Matching / Level of Effort / Earmarking
The previous audits were performed by a CPA, assessed and accepted by NeighborWorks America (NWA) and Puerto Rico Neighborhood Housing Services' grantor's. There were no recommendations or indications to perform a Single Audit, for these purposes we have always been complying. We have previously spo...
The previous audits were performed by a CPA, assessed and accepted by NeighborWorks America (NWA) and Puerto Rico Neighborhood Housing Services' grantor's. There were no recommendations or indications to perform a Single Audit, for these purposes we have always been complying. We have previously spoken with the NWA's Organizational Assessment Division office and they are aware of what we have stated before. The organization will establish processes administrative controls to monitor the closing procedures and to allow the process of requesting a single audit, if necessary.
View Audit 44995
Triangle Elderly Housing Corporation
NC
Questioned Costs HUD Housing Programs Matching / Level of Effort / Earmarking
Triangle Elderly Housing Corp. 1363 W. Market Street Smithfield, NC 27577 Office: (919) 934-6066 Corrective Action Plan Name of auditee: Triangle Elderly Housing Corp. HUD auditee identification number: FHA/Contract #053-11250 Name of audit firm: O. Douglas Covington, C.P.A., P.A. Period cove...
Triangle Elderly Housing Corp. 1363 W. Market Street Smithfield, NC 27577 Office: (919) 934-6066 Corrective Action Plan Name of auditee: Triangle Elderly Housing Corp. HUD auditee identification number: FHA/Contract #053-11250 Name of audit firm: O. Douglas Covington, C.P.A., P.A. Period covered by the audit: January 1, 2022 thru December 31, 2022 CAP prepared by: Name: Renee Davis Position: Housing Manager Telephone: (919) 934-6066 2. Finding 2022-002 a. Comments on the Finding and Each Recommendation We are in agreement with the finding. b. Action(s) Taken or Planned on the finding The New Hires, Multiple Subsidy, Deceased Tenant & Identity Verification reports are current from May 2023 and will be reviewed and properly documented monthly.
View Audit 43792
Triangle Elderly Housing Corporation
NC
Questioned Costs HUD Housing Programs Internal Control / Segregation of Duties
Triangle Elderly Housing Corp. 1363 W. Market Street Smithfield, NC 27577 Office: (919) 934-6066 Corrective Action Plan Name of auditee: Triangle Elderly Housing Corp. HUD auditee identification number: FHA/Contract #053-11250 Name of audit firm: O. Douglas Covington, C.P.A., P.A. Period cove...
Triangle Elderly Housing Corp. 1363 W. Market Street Smithfield, NC 27577 Office: (919) 934-6066 Corrective Action Plan Name of auditee: Triangle Elderly Housing Corp. HUD auditee identification number: FHA/Contract #053-11250 Name of audit firm: O. Douglas Covington, C.P.A., P.A. Period covered by the audit: January 1, 2022 thru December 31, 2022 CAP prepared by: Name: Renee Davis Position: Housing Manager Telephone: (919) 934-6066 4. Finding 2022-004 a. Comments on the Finding and Each Recommendation We are in agreement with the finding. b. Action(s) Taken or Planned on the finding A new Housing Manager was hired effective 7/15/2023; however, the 2022 Preventative Maintenance Schedule has not been located in the former managers office. A new preventative maintenance schedule has been created and documented and will be properly maintained going forward.
View Audit 43792
Triangle Elderly Housing Corporation
NC
Questioned Costs HUD Housing Programs Internal Control / Segregation of Duties
Name of auditee: Triangle Elderly Housing Corp. HUD auditee identification number: FHA/Contract #053-11250 Name of audit firm: O. Douglas Covington, C.P.A., P.A. Period covered by the audit: January 1, 2022 thru December 31, 2022 CAP prepared by: Name: Renee Davis Position: Housi...
Name of auditee: Triangle Elderly Housing Corp. HUD auditee identification number: FHA/Contract #053-11250 Name of audit firm: O. Douglas Covington, C.P.A., P.A. Period covered by the audit: January 1, 2022 thru December 31, 2022 CAP prepared by: Name: Renee Davis Position: Housing Manager Telephone: (919) 934-6066 3. Finding 2022-003 a. Comments on the Finding and Each Recommendation We are in agreement with the finding. b. Action(s) Taken or Planned on the finding Renee Davis was hired as the new Housing Manager and all tenant security deposit refunds are currently in compliance for any move outs processed subsequent to her being hired.
View Audit 43792
Triangle Elderly Housing Corporation
NC
Questioned Costs HUD Housing Programs Internal Control / Segregation of Duties
Triangle Elderly Housing Corp. 1363 W. Market Street Smithfield, NC 27577 Office: (919) 934-6066 Corrective Action Plan Name of auditee: Triangle Elderly Housing Corp. HUD auditee identification number: FHA/Contract #053-11250 Name of audit firm: O. Douglas Covington, C.P.A., P.A. Period cove...
Triangle Elderly Housing Corp. 1363 W. Market Street Smithfield, NC 27577 Office: (919) 934-6066 Corrective Action Plan Name of auditee: Triangle Elderly Housing Corp. HUD auditee identification number: FHA/Contract #053-11250 Name of audit firm: O. Douglas Covington, C.P.A., P.A. Period covered by the audit: January 1, 2022 thru December 31, 2022 CAP prepared by: Name: Renee Davis Position: Housing Manager Telephone: (919) 934-6066 1. Finding 2022-001 a. Comments on the Finding and Each Recommendation We are in agreement with the finding. b. Action(s) Taken or Planned on the finding Renee Davis was hired as the new Housing Manager effective 7/15/2023 and has begun performing the required Unit inspections.
View Audit 43792
C.o.a. Senior Housing, Inc.
NC
Questioned Costs HUD Housing Programs Matching / Level of Effort / Earmarking
COA Senior Housing, Inc. 1363 W. Market Street Smithfield, NC 27577 Office: (919) 934-6066 Corrective Action Plan Name of auditee: COA Senior Housing, Inc. HUD auditee identification number: FHA/Contract #053-EE029 Name of audit firm: O. Douglas Covington, C.P.A., P.A. Period covered by the a...
COA Senior Housing, Inc. 1363 W. Market Street Smithfield, NC 27577 Office: (919) 934-6066 Corrective Action Plan Name of auditee: COA Senior Housing, Inc. HUD auditee identification number: FHA/Contract #053-EE029 Name of audit firm: O. Douglas Covington, C.P.A., P.A. Period covered by the audit: January 1, 2022 thru December 31, 2022 CAP prepared by: Name: Renee Davis Position: Housing Manager Telephone: (919) 934-6066 2. Finding 2022-002 a. Comments on the Finding and Each Recommendation We are in agreement with the finding. b. Action(s) Taken or Planned on the finding The New Hires, Multiple Subsidy, Deceased Tenant & Identity Verification reports are current from May 2023 and will be reviewed and properly documented monthly.
View Audit 43790
C.o.a. Senior Housing, Inc.
NC
Questioned Costs HUD Housing Programs Internal Control / Segregation of Duties
COA Senior Housing, Inc. 1363 W. Market Street Smithfield, NC 27577 Office: (919) 934-6066 Corrective Action Plan Name of auditee: COA Senior Housing, Inc. HUD auditee identification number: FHA/Contract #053-EE029 Name of audit firm: O. Douglas Covington, C.P.A., P.A. Period covered by the a...
COA Senior Housing, Inc. 1363 W. Market Street Smithfield, NC 27577 Office: (919) 934-6066 Corrective Action Plan Name of auditee: COA Senior Housing, Inc. HUD auditee identification number: FHA/Contract #053-EE029 Name of audit firm: O. Douglas Covington, C.P.A., P.A. Period covered by the audit: January 1, 2022 thru December 31, 2022 CAP prepared by: Name: Renee Davis Position: Housing Manager Telephone: (919) 934-6066 1. Finding 2022-001 a. Comments on the Finding and Each Recommendation We are in agreement with the finding. b. Action(s) Taken or Planned on the finding A new Housing Manager was hired effective 7/15/2023; however, the 2022 Preventative Maintenance Schedule has not been located in the former managers office. A new preventative maintenance schedule has been created and documented and will be properly maintained going forward.
View Audit 43790
Finding 43747 (2022-003)
Material Weakness 2022
Independent School District 2170
MN
Questioned Costs Cash Management Reporting
Contact Person ? Shane Tappe, Superintendent Corrective Action Plan ? Will establish control procedures over meal reimbursement reporting. Completion Date ? December 20, 2022
Contact Person ? Shane Tappe, Superintendent Corrective Action Plan ? Will establish control procedures over meal reimbursement reporting. Completion Date ? December 20, 2022
View Audit 39709
Finding 43732 (2022-004)
Significant Deficiency 2022
St John Public School District No. 3
ND
Allowable Costs / Cost Principles Questioned Costs
Contact Person Mary Vandal, Business Manager Planned Corrective Action To ensure that all payroll expenditures are allowable for hourly employees, timesheets will be approved by each supervisor and/or the Superintendent. Any additional pay issued to certified staff will have Superintendent approval ...
Contact Person Mary Vandal, Business Manager Planned Corrective Action To ensure that all payroll expenditures are allowable for hourly employees, timesheets will be approved by each supervisor and/or the Superintendent. Any additional pay issued to certified staff will have Superintendent approval documented on a pay request sheet. All certified employees will continue to have a signed contract on file each year. All non-certified employees will have a letter of assignment signed and on file each year. Planned Completion Date June 30, 2023
View Audit 50718
Pono Homes, Inc.
MD
Questioned Costs HUD Housing Programs Reporting
Recommendation: Training of staff should be performed to bring the staff up to date with the implementation of proper storage and documentation of tenant files and all tenant files should be reviewed to ensure all proper documentation is stored within the files. Action Taken: Pono Homes, lnc. will ...
Recommendation: Training of staff should be performed to bring the staff up to date with the implementation of proper storage and documentation of tenant files and all tenant files should be reviewed to ensure all proper documentation is stored within the files. Action Taken: Pono Homes, lnc. will review all of its tenant files to ensure proper storage and documentation of tenant files.
View Audit 51243
Pono Homes, Inc.
MD
Questioned Costs Reporting
Recommendation: Training of staff should be performed to bring the staff up to date with the implementation of all EIV system compliance requirements. Action Taken: Pono Homes, lnc. did not retain EIV information because in their opinion they had more current and detailed information on clients' fi...
Recommendation: Training of staff should be performed to bring the staff up to date with the implementation of all EIV system compliance requirements. Action Taken: Pono Homes, lnc. did not retain EIV information because in their opinion they had more current and detailed information on clients' financial status than EIV provided; however, Pono Homes, lnc. will retain the EIV information in the tenant file as required.
View Audit 51243
Pono Homes, Inc.
MD
HUD Housing Programs Questioned Costs Cash Management
Recommendation: Training of staff should be performed to bring the staff up to date with the implementation of all residual receipts compliance requirements. Action Taken: The Organization will request HUD approval to pay back the excess residual receipts balance.
Recommendation: Training of staff should be performed to bring the staff up to date with the implementation of all residual receipts compliance requirements. Action Taken: The Organization will request HUD approval to pay back the excess residual receipts balance.
View Audit 51243 Questioned Costs: $1
Finding 43728 (2022-001)
Material Weakness 2022
Pono Homes, Inc.
MD
Questioned Costs HUD Housing Programs Reporting
Recommendation: ln conjunction with Pono Homes, lnc. and their local HUD field office, it was determined that the related party should invoice the Organization for project expenses on a monthly basis. ln turn, Pono Homes, lnc. should pay the invoice amount on a monthly basis. Action Taken: The aud...
Recommendation: ln conjunction with Pono Homes, lnc. and their local HUD field office, it was determined that the related party should invoice the Organization for project expenses on a monthly basis. ln turn, Pono Homes, lnc. should pay the invoice amount on a monthly basis. Action Taken: The auditors have worked with the auditee in conjunction with their local HUD field office to determine a course of action. All parties agreed with the recommendation to avoid unauthorized distributions.
View Audit 51243 Questioned Costs: $1
Burrell Housing Springfield
MO
HUD Housing Programs Questioned Costs Special Tests & Provisions
View of Responsible Officials and Planned Corrective Actions ? Surplus cash is calculated on a monthly basis. All residual receipts are required to be deposited in a separate federally insured account within 60 days of the fiscal year-end. Burrell Housing Springfield deposited cash surplus into a re...
View of Responsible Officials and Planned Corrective Actions ? Surplus cash is calculated on a monthly basis. All residual receipts are required to be deposited in a separate federally insured account within 60 days of the fiscal year-end. Burrell Housing Springfield deposited cash surplus into a residual receipts account for fiscal year-end June 31, 2021, however the funds were not deposited until after the 60-day deadline. Written instructions are included on the surplus cash calculation spreadsheet to ensure compliance. Responsible party is now Cris Desjardins, Senior Accountant.
View Audit 51238
Abilene Christian University
TX
Student Financial Aid Questioned Costs Special Tests & Provisions
Responsible Individuals: Lori Herrick, CPA, CFE - Associate Vice President of Finance Dr. Eric Gumm - Registrar and Director of the First-Year Program and Academic Development Center Finding 2022-001 Federal Agency Name: U.S. Department of Education Program Name: Student Financial Assistance Clu...
Responsible Individuals: Lori Herrick, CPA, CFE - Associate Vice President of Finance Dr. Eric Gumm - Registrar and Director of the First-Year Program and Academic Development Center Finding 2022-001 Federal Agency Name: U.S. Department of Education Program Name: Student Financial Assistance Cluster CFDA #84.063, 84.268 Finding Summary: In accordance with 34 CFR sections 690.93(b)(2), 682.610, and 685.309(i), Federal Regulations state that institutions are required to report enrollment information. Out of a sample size of 25 students, there were 19 students identified as not having an incorrect Program Enrollment Effective Date and 3 students in which the update for enrollment status was not timely. Corrective Action Plan (CAP): ACU has identified the source and cause of the variance in the program enrollment effective date. The variance is due to the time stamp associated with certain actions within the Banner reporting system. Immediate implementation of system process to change the time status upon the appropriate enrollment change has corrected this error and the timely reporting of status changes. Anticipated Completion Date: The updated procedure was implemented by the beginning of Fall 2022. Responsible Parties: Dr. Eric Gumm is the responsible party as the University Registrar. He will oversee the execution of the corrective action plan. J Rodriquez is the Assistant Registrar and the responsible part for the implementation and execution of the corrective action plan.
View Audit 51235
Finding 43723 (2022-006)
Significant Deficiency 2022
Nebraska Association for Developmental Housing
IA
Questioned Costs HUD Housing Programs Reporting
a. Comments on the Finding and Each Recommendation - Too much was distributed from the replacement reserve in 2021. The Company should repay the replacement reserve $7,486. Management agrees with the finding and recommendation. b. Action Planned on the Finding - Due to cash flow constraints, the ...
a. Comments on the Finding and Each Recommendation - Too much was distributed from the replacement reserve in 2021. The Company should repay the replacement reserve $7,486. Management agrees with the finding and recommendation. b. Action Planned on the Finding - Due to cash flow constraints, the Company was not able to repay the replacement reserve. The Company will repay the replacement reserve when cash is available. If cash becomes available, the anticipated completion date is June 30, 2023. Terry Burns is the auditee official responsible for completing this task.
View Audit 49930 Questioned Costs: $1
Finding 43722 (2022-005)
Significant Deficiency 2022
Nebraska Association for Developmental Housing
IA
Questioned Costs HUD Housing Programs Reporting
a. Comments on the Finding and Each Recommendation - The replacement reserve is underfunded at June 30, 2022. The project should make a deposit to the replacement reserve account in the amount of $291,545 or negotiate with HUD to suspend the debt service savings deposit. Management agrees with the...
a. Comments on the Finding and Each Recommendation - The replacement reserve is underfunded at June 30, 2022. The project should make a deposit to the replacement reserve account in the amount of $291,545 or negotiate with HUD to suspend the debt service savings deposit. Management agrees with the finding and recommendation. b. Action Planned on the Finding - Due to the financial situation the Company is in at June 30, 2022, making this deposit is impossible. HUD has agreed to suspend the monthly required debt service savings deposit effective September 1, 2019. Management is negotiating with HUD to get the past debt service saving deposit requirement suspended permanently. If management is successful in negotiations with HUD, the anticipated completion date is June 30, 2023. Terry Burns is the auditee official responsible for communicating with HUD.
View Audit 49930 Questioned Costs: $1
Finding 43721 (2022-004)
Significant Deficiency 2022
Nebraska Association for Developmental Housing
IA
Questioned Costs HUD Housing Programs Reporting
a. Comments on the Finding and Each Recommendation - Too much was distributed from the replacement reserve in 2020. The Company should repay the nonprofit sponsor?s foundation $1,500. Management agrees with the finding and recommendation. b. Action Planned on the Finding - Due to cash flow constr...
a. Comments on the Finding and Each Recommendation - Too much was distributed from the replacement reserve in 2020. The Company should repay the nonprofit sponsor?s foundation $1,500. Management agrees with the finding and recommendation. b. Action Planned on the Finding - Due to cash flow constraints, the Company was not able to repay the nonprofit sponsor?s foundation. The Company will repay the nonprofit sponsor?s foundation when cash is available. If cash becomes available, the anticipated completion date is June 30, 2023. Terry Burns is the auditee official responsible for completing this task.
View Audit 49930 Questioned Costs: $1
Finding 43720 (2022-003)
Significant Deficiency 2022
Nebraska Association for Developmental Housing
IA
Questioned Costs HUD Housing Programs Reporting
a. Comments on the Finding and Each Recommendation - Too much was distributed from the replacement reserve in 2019. The Company should repay the nonprofit sponsor?s foundation $3,300. Management agrees with the finding and recommendation. b. Action Planned on the Finding - Due to cash flow constr...
a. Comments on the Finding and Each Recommendation - Too much was distributed from the replacement reserve in 2019. The Company should repay the nonprofit sponsor?s foundation $3,300. Management agrees with the finding and recommendation. b. Action Planned on the Finding - Due to cash flow constraints, the Company was not able to repay the nonprofit sponsor?s foundation. The Company will repay the nonprofit sponsor?s foundation when cash is available. If cash becomes available, the anticipated completion date is June 30, 2023. Terry Burns is the auditee official responsible for completing this task.
View Audit 49930 Questioned Costs: $1
Clinton Township Voa Elderly Housing, Inc. (partridge Creek)
LA
Cash Management 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 residual receipts account deficiency was funded on February 25, 2022 in the amount of $46,893. M...
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 residual receipts account deficiency was funded on February 25, 2022 in the amount of $46,893. Management will ensure that the residual receipts account is properly funded in the future. Completion Date: February 25, 2022
View Audit 49898
« 1 782 783 785 786 953 »