FAC Explorer

Corrective Action Plans

Browse how organizations respond to audit findings

Total CAPs
61,795
In database
Filtered Results
20,816
Matching current filters
Showing Page
323 of 833
25 per page

Filters

Clear
Active filters: Reporting
Finding 503499 (2024-002)
Significant Deficiency 2024
Northwestern College
IA
Questioned Costs Student Financial Aid Reporting
Recommendation: We recommend the College evaluate its procedures and policies around reporting disbursements to COD to ensure that student information is reported accurately and timely. Explanation of disagreement with audit finding: There is no disagreement with the audit finding. Action taken in...
Recommendation: We recommend the College evaluate its procedures and policies around reporting disbursements to COD to ensure that student information is reported accurately and timely. Explanation of disagreement with audit finding: There is no disagreement with the audit finding. Action taken in response to finding: Starting in 2025-26 the College is transitioning to a new ERP, a more robust software system, that will correct this issue. However, in the meantime, the financial aid office will not rely on our current software to automatically match COD Disbursement dates with student account posting dates. The financial aid and business offices will communicate to ensure posting to student accounts are done on the same day as aid is disbursed. In addition, the financial aid and business offices will add a new process to compare COD reports with current software reports on a regular basis to look for any discrepancies. Any discrepancies found will be manually corrected on a timely basis. Name(s) of the contact person(s) responsible for corrective action: Eric Anderson, Director of Financial Aid Planned completion date for corrective action plan: June 30, 2025
View Audit 325620
Finding 503492 (2024-001)
Significant Deficiency 2024
Northwestern College
IA
Questioned Costs Student Financial Aid Reporting
Recommendation: We recommend the College reevaluate its procedures and review policies surrounding reporting status changes to NSLDS to put a process in place to ensure the student status changes are being reported timely. Explanation of disagreement with audit finding: There is no disagreement wit...
Recommendation: We recommend the College reevaluate its procedures and review policies surrounding reporting status changes to NSLDS to put a process in place to ensure the student status changes are being reported timely. Explanation of disagreement with audit finding: There is no disagreement with the audit finding. Action taken in response to finding: The 2022-23 audit identified similar issues regarding NSLDS enrollment reporting. Following the 2022-23 audit, the College changed the submission dates to the NSC to allow more time for the NSC to timely report to the NSLDS. Upon further research following the 2023-24 audit, the College learned that this finding relates to manually reported graduates and withdrawn students. Graduates reported during the automated file submittal process were reported as graduating at end of term, while graduates reported manually were reported as graduating on the College’s actual commencement date (one day different than end of term). Going forward the Registrar will be consistent in reporting graduation dates using the end of term for all graduating students. As for the reporting of withdrawals, the Registrar will manually update the enrollment status and effective dates in NSLDS to ensure accurate and timely reporting in the 2024-25 fiscal year. Starting in 2025-26 the College is transitioning to a new ERP, a more robust software system, that will correct this issue. Name(s) of the contact person(s) responsible for corrective action: Austin Nyhof, Registrar Planned completion date for corrective action plan: June 30, 2025
View Audit 325620
Finding 503475 (2024-001)
Significant Deficiency 2024
Concordia University, Nebraska
NE
Questioned Costs Student Financial Aid Reporting
Student Financial Assistance Cluster – Assistance Listing No. Various Recommendation: We recommend the University reevaluate its procedures and review policies surrounding reporting status changes to NSLDS to put a process in place to ensure the enrollment effective date reported to NSLDS on the cam...
Student Financial Assistance Cluster – Assistance Listing No. Various Recommendation: We recommend the University reevaluate its procedures and review policies surrounding reporting status changes to NSLDS to put a process in place to ensure the enrollment effective date reported to NSLDS on the campus and program level is aligning with the University. Explanation of disagreement with audit finding: There is no disagreement with the audit finding. Action taken in response to finding: Training on National Student Clearinghouse reporting steps when a non-returning student is processed after the first of term report has been submitted to National Student Clearinghouse. Review process for using end of term date, not Commencement ceremony date as award date. Name(s) of the contact person(s) responsible for corrective action: David L Kumm, Executive VP CFO/COO Planned completion date for corrective action plan: 10/31/2024
View Audit 325604
Finding 503440 (2024-003)
Material Weakness 2024
Vista Homes Housing Corporation
NY
HUD Housing Programs Allowable Costs / Cost Principles Material Weakness
Reporting views of responsible officials and planned corrective actions The Organization will enhance its controls to ensure that at year-end there is a final review of the transactions to ensure completeness, accuracy and proper classification.
Reporting views of responsible officials and planned corrective actions The Organization will enhance its controls to ensure that at year-end there is a final review of the transactions to ensure completeness, accuracy and proper classification.
View Audit 325560
Finding 503439 (2024-002)
Material Weakness 2024
Vista Homes Housing Corporation
NY
HUD Housing Programs Reporting Internal Control / Segregation of Duties
Reporting views of responsible officials and planned corrective actions The Organization will enhance its controls and procedures to ensure financial reporting is complete, accurate, and timely.
Reporting views of responsible officials and planned corrective actions The Organization will enhance its controls and procedures to ensure financial reporting is complete, accurate, and timely.
View Audit 325560
Finding 503433 (2024-002)
Material Weakness 2024
New Visions Housing Corporation
CA
HUD Housing Programs Reporting Internal Control / Segregation of Duties
Reporting views of responsible officials and planned corrective actions The Organization will enhance its controls and procedures to ensure financial reporting is complete, accurate, and timely.
Reporting views of responsible officials and planned corrective actions The Organization will enhance its controls and procedures to ensure financial reporting is complete, accurate, and timely.
View Audit 325559
Finding 503432 (2024-001)
Material Weakness 2024
New Visions Housing Corporation
CA
HUD Housing Programs Allowable Costs / Cost Principles Material Weakness
Reporting views of responsible officials and planned corrective actions The Organization will enhance its controls to ensure that at year-end there is a final review of the transactions to ensure completeness, accuracy and proper classification.
Reporting views of responsible officials and planned corrective actions The Organization will enhance its controls to ensure that at year-end there is a final review of the transactions to ensure completeness, accuracy and proper classification.
View Audit 325559
Finding 503429 (2024-002)
Material Weakness 2024
Housing for the Multi-Handicapped Blind
NY
Questioned Costs Allowable Costs / Cost Principles HUD Housing Programs
Reporting views of responsible officials and planned corrective actions The Organization will enhance its controls at year-end to ensure there is a final review of the transactions for proper classification.
Reporting views of responsible officials and planned corrective actions The Organization will enhance its controls at year-end to ensure there is a final review of the transactions for proper classification.
View Audit 325558
Finding 503428 (2024-001)
Material Weakness 2024
Housing for the Multi-Handicapped Blind
NY
Reporting Internal Control / Segregation of Duties Questioned Costs
Reporting views of responsible officials and planned corrective actions The Organization will enhance its controls and procedures to ensure financial reporting is complete, accurate, and timely.
Reporting views of responsible officials and planned corrective actions The Organization will enhance its controls and procedures to ensure financial reporting is complete, accurate, and timely.
View Audit 325558
Finding 503423 (2024-002)
Material Weakness 2024
Great Expectations Housing Corporation
CA
HUD Housing Programs Allowable Costs / Cost Principles Material Weakness
Reporting views of responsible officials and planned corrective actions The Organization will enhance its controls to ensure expenses are captured in the correct fiscal period and that at year-end there is a final review of the transactions to ensure completeness, accuracy and proper classification ...
Reporting views of responsible officials and planned corrective actions The Organization will enhance its controls to ensure expenses are captured in the correct fiscal period and that at year-end there is a final review of the transactions to ensure completeness, accuracy and proper classification of expenses.
View Audit 325557
Finding 503422 (2024-001)
Material Weakness 2024
Great Expectations Housing Corporation
CA
HUD Housing Programs Reporting Internal Control / Segregation of Duties
Reporting views of responsible officials and planned corrective actions The Organization will enhance its controls and procedures to ensure financial reporting is complete, accurate, and timely.
Reporting views of responsible officials and planned corrective actions The Organization will enhance its controls and procedures to ensure financial reporting is complete, accurate, and timely.
View Audit 325557
Tulsa Performing Arts Center Trust
OK
Internal Control / Segregation of Duties Reporting
Finding: 2024-001 Name of contact person: Jennifer Alden, CFOO Corrective Action: While a process was in place for reporting non-financial census data, the process control point was City of Tulsa instead of TPACT. We no longer have the same requirements for a non-financial census report to provid...
Finding: 2024-001 Name of contact person: Jennifer Alden, CFOO Corrective Action: While a process was in place for reporting non-financial census data, the process control point was City of Tulsa instead of TPACT. We no longer have the same requirements for a non-financial census report to provide, however we have already put a process in place for the TPACT accounting team to review all reports and compliance with contract prior to sending them to recipient. Proposed Completion Date: Immediately
View Audit 325553
Finding 503381 (2024-001)
Significant Deficiency 2024
The Village of Oakman Manor
MI
Internal Control / Segregation of Duties HUD Housing Programs Reporting
Condition: The Organization failed to maintain the proper EIV documentation Planned Corrective Action: Management has acknowledges the significant deficiency in internal control over compliance and has taken measures to improve internal control over compliance by ensuring EIV system will be properl...
Condition: The Organization failed to maintain the proper EIV documentation Planned Corrective Action: Management has acknowledges the significant deficiency in internal control over compliance and has taken measures to improve internal control over compliance by ensuring EIV system will be properly utilized. Contact person responsible for corrective action: Bruce Blalock Anticipated Completion Date: 12/31/24
View Audit 325542
Finding 503379 (2024-300)
Significant Deficiency 2024
Rivertown Neighborhood Senior Dba Rivertown Senior Apts. 044-Ee112
MI
Internal Control / Segregation of Duties HUD Housing Programs Reporting
Condition: The Organization failed to maintain the proper EIV documentation Planned Corrective Action: Management has acknowledges the significant deficiency in internal control over compliance and has taken measures to improve internal control over compliance by ensuring EIV system will be properl...
Condition: The Organization failed to maintain the proper EIV documentation Planned Corrective Action: Management has acknowledges the significant deficiency in internal control over compliance and has taken measures to improve internal control over compliance by ensuring EIV system will be properly utilized. Contact person responsible for corrective action: Bruce Blalock Anticipated Completion Date: 12/31/24
View Audit 325539
Finding 503269 (2024-005)
Significant Deficiency 2024
Hudson Falls Central School District
NY
Reporting Subrecipient Monitoring
Effective July 1, 2024, the Executive Director of Business & Human Resources, Kevin J. Polunci will work with district staff to ensure the ESF annual report is completed no later than November 1, 2024.
Effective July 1, 2024, the Executive Director of Business & Human Resources, Kevin J. Polunci will work with district staff to ensure the ESF annual report is completed no later than November 1, 2024.
View Audit 325337
Finding 503253 (2024-004)
Significant Deficiency 2024
Sebeka Public Schools
MN
Reporting Internal Control / Segregation of Duties Questioned Costs
2024-004 FINDING Contact Person – Dave Kerkvliet, Superintendent Corrective Action Plan – The District will begin reviewing and approving reports prior to submission for reimbursement. Completion Date – November 1, 2024
2024-004 FINDING Contact Person – Dave Kerkvliet, Superintendent Corrective Action Plan – The District will begin reviewing and approving reports prior to submission for reimbursement. Completion Date – November 1, 2024
View Audit 325307
Finding 503199 (2024-004)
Significant Deficiency 2024
Alton Community Unit School District #11
IL
Reporting Questioned Costs
Condition: During testing of the Education Stabilization Fund, it was noted that the expenditure reports filed with the Illinois State Board of Education do not match the general ledger detail. Recommendation: The expenditure reports filed with the Illinois State Board of Education should match t...
Condition: During testing of the Education Stabilization Fund, it was noted that the expenditure reports filed with the Illinois State Board of Education do not match the general ledger detail. Recommendation: The expenditure reports filed with the Illinois State Board of Education should match the general ledger of the District's accounting system by function and object. Management Response: To ensure that expenditure reports and the general ledger detail match, the District will provide training for grant managers regarding coding all payments to match the ISBE budget detail for grant functions before processing payments. Anticipated Date of Completion: June 30, 2025
View Audit 325286
Finding 503195 (2024-003)
Significant Deficiency 2024
Alton Community Unit School District #11
IL
Period of Performance Reporting Questioned Costs
Condition: During testing of the IDEA flowthrough grant, it was noted that expenditures were reported in an incorrect quarter to the Illinois State Board of Education. Recommendation: The District should report expenditures to the Illinois State Board of Education in the quarter that the expendit...
Condition: During testing of the IDEA flowthrough grant, it was noted that expenditures were reported in an incorrect quarter to the Illinois State Board of Education. Recommendation: The District should report expenditures to the Illinois State Board of Education in the quarter that the expenditure is incurred. Management Response: The District will continue to monitor reporting by grant coordinators to ensure accurate reporting. Anticipated Date of Completion: June 30, 2025
View Audit 325286
Finding 503194 (2024-002)
Significant Deficiency 2024
Alton Community Unit School District #11
IL
Reporting Questioned Costs
Condition: The District did not submit timely expenditure reports on several IDEA cluster grants. The Illinois State Board of Education requires that expenditure reports be submitted on a quarterly basis 20 days after the quarter ends. Recommendation: The District must submit timely quarterly ex...
Condition: The District did not submit timely expenditure reports on several IDEA cluster grants. The Illinois State Board of Education requires that expenditure reports be submitted on a quarterly basis 20 days after the quarter ends. Recommendation: The District must submit timely quarterly expenditure reports to the Illinois State Board of Education. Management Response: The District will submit timely periodic expenditure reports. Anticipated Date of Completion: June 30, 2025
View Audit 325286
Finding 503180 (2024-001)
Significant Deficiency 2024
South Pointe Phase Ii, Inc.
LA
Questioned Costs HUD Housing Programs Reporting
Deposits to the replacement reserve accounts are set up to automatically debit the operating account and credit the replacement reserve account. In July, 2023, this transfer was completed in the amount of $1,200.00. However, due to a system glitch, South Pointe II did not receive their July HAP pa...
Deposits to the replacement reserve accounts are set up to automatically debit the operating account and credit the replacement reserve account. In July, 2023, this transfer was completed in the amount of $1,200.00. However, due to a system glitch, South Pointe II did not receive their July HAP payment from HUD. This resulted in funds not being sufficient for the replacement reserve transfer and the bank reversed the transfer making it appear that we withdrew money. We did not authorize a withdrawal of funds from the replacement reserve account.
View Audit 325250
Finding 503179 (2024-001)
Significant Deficiency 2024
Passman Plaza Ii, Inc.
LA
Questioned Costs HUD Housing Programs Reporting
An approval from HUD to withdraw funds from the replacement reserve account was processed twice in error. This was discovered when the bank reconciliation was done and immediately, the funds were returned to the replacement reserve account. At no time did the replacement reserve account fall under...
An approval from HUD to withdraw funds from the replacement reserve account was processed twice in error. This was discovered when the bank reconciliation was done and immediately, the funds were returned to the replacement reserve account. At no time did the replacement reserve account fall under the required balance.
View Audit 325249
Finding 503178 (2024-001)
Significant Deficiency 2024
Ouachita Grand Plaza, Inc.
LA
HUD Housing Programs Procurement, Suspension & Debarment Reporting
Replacement Reserves are held in escrow by the mortgage company. When we receive approval for withdrawal from HUD, that approval is forwarded to the mortgage company by email. Only one email was sent requesting funds of $34,996. The mortgage company processed this request twice. Ouachita Grand P...
Replacement Reserves are held in escrow by the mortgage company. When we receive approval for withdrawal from HUD, that approval is forwarded to the mortgage company by email. Only one email was sent requesting funds of $34,996. The mortgage company processed this request twice. Ouachita Grand Plaza remitted a check back to the mortgage company for the duplicate disbursement.
View Audit 325248
Vernon Senior Citizens Housing Development Corp. Operating As Sunshine Center Apartments
FL
HUD Housing Programs Reporting
FINDING No. 2024-003: Section 207/223(f) Mortgage Insurance for the Refinancing of Existing Multifamily Housing Projects, ALN 14.155 Recommendation: The Project should implement procedures to ensure that the correct amount is deposited into the replacement reserve account each month and make a ret...
FINDING No. 2024-003: Section 207/223(f) Mortgage Insurance for the Refinancing of Existing Multifamily Housing Projects, ALN 14.155 Recommendation: The Project should implement procedures to ensure that the correct amount is deposited into the replacement reserve account each month and make a retro deposit for the underfunded amount. Action Taken: Management has provided additional training on HUD regulations, inclusive of correctly depositing funds into replacement reserves. If the audit Oversight Agency for Audit has questions regarding these plans, please call Irene Phillips at 954-835-9200. Sincerely yours, Irene Phillips CFO
View Audit 325216
Vernon Senior Citizens Housing Development Corp. Operating As Sunshine Center Apartments
FL
HUD Housing Programs Reporting
FINDING No. 2024-002: Section 207/223(f) Mortgage Insurance for the Refinancing of Existing Multifamily Housing Projects, ALN 14.155 Recommendation: The Project should comply with HUD regulations for executing the required rent change as of its effective date and all earned revenue recorded in the...
FINDING No. 2024-002: Section 207/223(f) Mortgage Insurance for the Refinancing of Existing Multifamily Housing Projects, ALN 14.155 Recommendation: The Project should comply with HUD regulations for executing the required rent change as of its effective date and all earned revenue recorded in the correct period. Action Taken: Management has provided additional training on HUD regulations, inclusive of timely processing of authorized rent changes.
View Audit 325216
Vernon Senior Citizens Housing Development Corp. Operating As Sunshine Center Apartments
FL
HUD Housing Programs Eligibility Reporting
Oversight Agency for Audit, Vernon Senior Citizens Housing Development Corporation, operating as Sunshine Center Apartments, respectfully submits the following corrective action plan for the year ended March 31, 2024. ...
Oversight Agency for Audit, Vernon Senior Citizens Housing Development Corporation, operating as Sunshine Center Apartments, respectfully submits the following corrective action plan for the year ended March 31, 2024. Name and address of independent public accounting firm: Bellows Associates, P.A., 5401 N University Drive, Suite 201, Coral Springs, Florida 33067. Audit period: April 1, 2023 through March 31, 2024. The findings from the March 31, 2024 schedule of findings and questioned costs are discussed below. The findings are numbered consistently with the number assigned in the schedule. SECTION III - FINDINGS AND QUESTIONED COSTS – MAJOR FEDERAL AWARD PROGRAMS AUDIT FINDING No. 2024-001: Section 207/223(f) Mortgage Insurance for the Refinancing of Existing Multifamily Housing Projects, ALN 14.155 Recommendation: The Project should implement procedures to ensure that tenant eligibility is verified, and tenant files are properly maintained. Action Taken: Staff training has been provided and included in monthly reporting.
View Audit 325216
« 1 321 322 324 325 833 »