FAC Explorer

Finding 10268 (2023-002)

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Requirement
P
Questioned Costs
$1
Year
2023
Accepted
2024-01-26
Audit: 13917
Organization: Friendship House North Two, Inc. (IN)
Auditor: Comer Nowling and Associates PC

AI Summary

  • Answer: The Project must have a dedicated bank account for the security deposit.
  • Trend: This requirement ensures proper financial management and accountability.
  • List: Follow up to confirm the account is established and meets the required deposit amount.

Finding Text

The Project is required to maintain a separate bank account covering at least the amount of the security deposit liability.

Corrective Action Plan

Management will make the deposit of $165 to the security deposit bank account.

Categories

Questioned Costs

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
14.157 Supportive Housing for the Elderly $123,850