FAC Explorer

Corrective Action Plans

Browse how organizations respond to audit findings

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City of Espanola
NM
Reporting Internal Control / Segregation of Duties § 200.50
2024-004 Single Audit Report Submission (Noncompliance) (Repeat/Modified): The City is working to get current with the accounting processes and financials that would enable the timely performance of the annual financial audit. The Director of Finance has contracted a public accounting firm for assis...
2024-004 Single Audit Report Submission (Noncompliance) (Repeat/Modified): The City is working to get current with the accounting processes and financials that would enable the timely performance of the annual financial audit. The Director of Finance has contracted a public accounting firm for assistance to accelerate this process and ensure future timely audit completion. In addition, the Finance Department has implemented multiple monthly and annual reconciliation processes to ensure the general ledger is accurate and financial operations sound. Training of City staff on completion of monthly processes is ongoing and will continue with oversight by the Director of Finance.
View Audit 364100
Stoneleigh Housing, Inc.
NY
Reporting
Action Taken: Stoneleigh Housing, Inc. agrees with the finding and the recommended procedures are being addressed and will be implemented
Action Taken: Stoneleigh Housing, Inc. agrees with the finding and the recommended procedures are being addressed and will be implemented
View Audit 364080
Finding 573300 (2024-004)
Material Weakness 2024
Stoneleigh Housing, Inc.
NY
Material Weakness Reporting Internal Control / Segregation of Duties
Action Taken: Stoneleigh Housing, Inc. agrees with the finding. The Board of Directors will be issuing a formal policy concerning fiscal management and responsibility. The Board of Directors has also approved and hired an independent booking keeping firm to alleviate the burden of staff training ...
Action Taken: Stoneleigh Housing, Inc. agrees with the finding. The Board of Directors will be issuing a formal policy concerning fiscal management and responsibility. The Board of Directors has also approved and hired an independent booking keeping firm to alleviate the burden of staff training for fiscal matters.
View Audit 364080
Finding 573299 (2024-003)
Material Weakness 2024
Stoneleigh Housing, Inc.
NY
Internal Control / Segregation of Duties Material Weakness Reporting
Action Taken: Stoneleigh Housing, Inc. agrees with this finding and the Board of Directors will issue a formal written fiscal policy and has hired an outside bookkeeping firm to handle fiscal matters, inclusive of monthly bank reconciliations for all bank accounts.
Action Taken: Stoneleigh Housing, Inc. agrees with this finding and the Board of Directors will issue a formal written fiscal policy and has hired an outside bookkeeping firm to handle fiscal matters, inclusive of monthly bank reconciliations for all bank accounts.
View Audit 364080
The Carpenter Housing Development Fund Co., Inc.
NY
Subrecipient Monitoring Reporting § 200.512
Finding #2024-002 Prior Year Reporting Package and Data Collection Not Filed Timely: Recommendation: We recommend that management implement procedures to ensure that reporting packages and data collection forms are filed timely in the future. Action taken: Carpenter Apartments agrees with the audi...
Finding #2024-002 Prior Year Reporting Package and Data Collection Not Filed Timely: Recommendation: We recommend that management implement procedures to ensure that reporting packages and data collection forms are filed timely in the future. Action taken: Carpenter Apartments agrees with the auditor’s recommendations and will implement procedures to ensure timely filing in the future. For questions regarding this corrective action plan, please contact Kyle Lyskawa, Chief Financial Officer, at (315) 424-1821.
View Audit 364079
The Carpenter Housing Development Fund Co., Inc.
NY
Subrecipient Monitoring Reporting § 200.512
Finding #2024-001 Current Year Reporting Package and Data Collection Not Filed Timely: Recommendation: We recommend that management implement procedures to ensure that reporting packages and data collection forms are filed timely in the future. Action taken: Carpenter Apartments agrees with the au...
Finding #2024-001 Current Year Reporting Package and Data Collection Not Filed Timely: Recommendation: We recommend that management implement procedures to ensure that reporting packages and data collection forms are filed timely in the future. Action taken: Carpenter Apartments agrees with the auditor’s recommendations and will implement procedures to ensure timely filing in the future. For questions regarding this corrective action plan, please contact Kyle Lyskawa, Chief Financial Officer, at (315) 424-1821.
View Audit 364079
Hawley-Winton Housing Development Fund Company, Inc.
NY
Subrecipient Monitoring Reporting § 200.512
Finding #2024-001 Current Year Reporting Package and Data Collection Not Filed Timely: Recommendation: We recommend that management implement procedures to ensure that reporting packages and data collection forms are filed timely in the future. Action taken: Hawley-Winton Apartments agrees with th...
Finding #2024-001 Current Year Reporting Package and Data Collection Not Filed Timely: Recommendation: We recommend that management implement procedures to ensure that reporting packages and data collection forms are filed timely in the future. Action taken: Hawley-Winton Apartments agrees with the auditor’s recommendations and will implement procedures to ensure timely filing in the future. For questions regarding this corrective action plan, please contact Kyle Lyskawa, Chief Financial Officer, at (315) 424-1821.
View Audit 364078
Onondaga Apartments Housing Development Fund Company, Inc.
NY
Reporting § 200.512
Finding #2024-001 Current Year Reporting Package and Data Collection Not Filed Timely: Recommendation: We recommend that management implement procedures to ensure that reporting packages and data collection forms are filed timely in the future. Action taken: Onondaga Apartments Housing Development...
Finding #2024-001 Current Year Reporting Package and Data Collection Not Filed Timely: Recommendation: We recommend that management implement procedures to ensure that reporting packages and data collection forms are filed timely in the future. Action taken: Onondaga Apartments Housing Development Fund Company, Inc. agrees with the auditor’s recommendations and will implement procedures to ensure timely filing in the future. For questions regarding this corrective action plan, please contact Kyle Lyskawa, Chief Financial Officer, at (315) 424-1821.
View Audit 364077
Finding 573289 (2024-010)
Significant Deficiency 2024
City of Opa Locka
FL
Allowable Costs / Cost Principles Reporting § 200.512
The City has a Grants Administrator on staff that monitors and advises when reports are due to external entities. SOP's are being reviewed with staff for implementation. This activity is ongoing. Responsible Partv: Ms. Niema Gantt, Finance Director, and Ms. Yesly Guillen, Grants Administrator
The City has a Grants Administrator on staff that monitors and advises when reports are due to external entities. SOP's are being reviewed with staff for implementation. This activity is ongoing. Responsible Partv: Ms. Niema Gantt, Finance Director, and Ms. Yesly Guillen, Grants Administrator
View Audit 364073
Dennis-Yarmouth Regional School District
MA
Reporting
Review audit timeline requirements under OMB Uniform Guidance.
Review audit timeline requirements under OMB Uniform Guidance.
View Audit 364069
Dennis-Yarmouth Regional School District
MA
Reporting
Develop and distribute a district-wide audit readiness calendar with due dates for key deliverables.
Develop and distribute a district-wide audit readiness calendar with due dates for key deliverables.
View Audit 364069
Dennis-Yarmouth Regional School District
MA
Reporting
Schedule pre-audit planning meeting with external auditors and grant staff.
Schedule pre-audit planning meeting with external auditors and grant staff.
View Audit 364069
Dennis-Yarmouth Regional School District
MA
Reporting
Conduct internal deadline compliance training for grant and finance personnel.
Conduct internal deadline compliance training for grant and finance personnel.
View Audit 364069
Dennis-Yarmouth Regional School District
MA
Reporting
Establish monthly audit prep check-ins until audit submission.
Establish monthly audit prep check-ins until audit submission.
View Audit 364069
Dennis-Yarmouth Regional School District
MA
Reporting
Submit the completed Single Audit and data collection form to the Federal Audit Clearinghouse (FAC) in a more timely manner. By 2027, we will try to be able to be in compliance with the March 31 deadline.
Submit the completed Single Audit and data collection form to the Federal Audit Clearinghouse (FAC) in a more timely manner. By 2027, we will try to be able to be in compliance with the March 31 deadline.
View Audit 364069
Dennis-Yarmouth Regional School District
MA
Reporting
Review and document any barriers encountered post-submission for process improvement.
Review and document any barriers encountered post-submission for process improvement.
View Audit 364069
Finding 573277 (2024-001)
Material Weakness 2024
Dennis-Yarmouth Regional School District
MA
Procurement, Suspension & Debarment Subrecipient Monitoring HUD Housing Programs
Create and enforce a policy requiring all reclassification or non-standard journal entries to be approved by a supervisor and documented prior to posting. Journal entries will be posted by a staff member separate from the approver. Documentation will include explanation, grant impact, and approval s...
Create and enforce a policy requiring all reclassification or non-standard journal entries to be approved by a supervisor and documented prior to posting. Journal entries will be posted by a staff member separate from the approver. Documentation will include explanation, grant impact, and approval signature.
View Audit 364069
Finding 573277 (2024-001)
Material Weakness 2024
Dennis-Yarmouth Regional School District
MA
Procurement, Suspension & Debarment Subrecipient Monitoring HUD Housing Programs
Conduct an internal review to ensure proper segregation of duties across grant-related financial processes, including journal entries and drawdowns.
Conduct an internal review to ensure proper segregation of duties across grant-related financial processes, including journal entries and drawdowns.
View Audit 364069
Finding 573277 (2024-001)
Material Weakness 2024
Dennis-Yarmouth Regional School District
MA
Procurement, Suspension & Debarment Subrecipient Monitoring HUD Housing Programs
Create a centralized tracking system to document expenditures, deadlines, allowable costs, and drawdowns.
Create a centralized tracking system to document expenditures, deadlines, allowable costs, and drawdowns.
View Audit 364069
Finding 573277 (2024-001)
Material Weakness 2024
Dennis-Yarmouth Regional School District
MA
Procurement, Suspension & Debarment Subrecipient Monitoring HUD Housing Programs
Require and document monthly reconciliations between the general ledger and individual grant reports.
Require and document monthly reconciliations between the general ledger and individual grant reports.
View Audit 364069
Finding 573277 (2024-001)
Material Weakness 2024
Dennis-Yarmouth Regional School District
MA
Procurement, Suspension & Debarment Subrecipient Monitoring HUD Housing Programs
Review and document quarterly compliance and performance reports to ensure proper spend-down, journal entries, and use of funds.
Review and document quarterly compliance and performance reports to ensure proper spend-down, journal entries, and use of funds.
View Audit 364069
Finding 573277 (2024-001)
Material Weakness 2024
Dennis-Yarmouth Regional School District
MA
Procurement, Suspension & Debarment Subrecipient Monitoring HUD Housing Programs
Conduct annual training for grant managers, administrators, and business office staff on federal compliance, financial policies, and internal controls.
Conduct annual training for grant managers, administrators, and business office staff on federal compliance, financial policies, and internal controls.
View Audit 364069
Finding 573277 (2024-001)
Material Weakness 2024
Dennis-Yarmouth Regional School District
MA
Procurement, Suspension & Debarment Subrecipient Monitoring HUD Housing Programs
Update and distribute grants and finance-related policies annually. Maintain acknowledgement forms from relevant staff.
Update and distribute grants and finance-related policies annually. Maintain acknowledgement forms from relevant staff.
View Audit 364069
Finding 573277 (2024-001)
Material Weakness 2024
Dennis-Yarmouth Regional School District
MA
Procurement, Suspension & Debarment Subrecipient Monitoring HUD Housing Programs
Conduct a self-assessment or internal audit of grant compliance and internal controls. Make adjustments based on findings.
Conduct a self-assessment or internal audit of grant compliance and internal controls. Make adjustments based on findings.
View Audit 364069
Finding 573270 (2024-001)
Material Weakness 2024
Sunrise Residential, Inc.
IL
Reporting
Finding Reference Number: 2024-01 View of Responsible Officials and Corrective Actions: Management agrees with the finding. Management will establish procedures and monitor compliance with those procedures to ensure that the audited financial statements, schedule of expenditures of federal awards...
Finding Reference Number: 2024-01 View of Responsible Officials and Corrective Actions: Management agrees with the finding. Management will establish procedures and monitor compliance with those procedures to ensure that the audited financial statements, schedule of expenditures of federal awards, and other required information is filed with the Federal Audit Clearinghouse by the required due dates. Contact Persons Responsible: Dr. Sharrone Ward, President and Chief Executive Officer Kim Shelton-Mamon, Vice President of Finance Billie Williams, President of Active Real Estate Management Completion Date: Open
View Audit 364065
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