FAC Explorer

Finding 1072859 (2023-002)

Material Weakness
Requirement
L
Questioned Costs
-
Year
2023
Accepted
2024-09-11
Audit: 319329
Organization: Ocab Community Action Agency, INC (SC)
Auditor: 'banks Finley and White CPA

AI Summary

  • Answer: The annual financial statement was submitted late to the Federal Audit Clearing House.
  • Trend: This indicates a potential pattern of delayed submissions, risking future compliance issues.
  • List: Follow up by reviewing submission processes and implementing reminders for deadlines.

Finding Text

The required annula financial statement submission to the Federal Audit Clearing House for the year ended January 31 ,2023 was made after the extended submission deadline. The Agency was temporarily out of compliance with federal requirement and guildlines.

Categories

No categories assigned yet.

Other Findings in this Audit

  • 496414 2023-002
    Material Weakness
  • 496415 2023-002
    Material Weakness
  • 496416 2023-002
    Material Weakness
  • 496417 2023-002
    Material Weakness
  • 496418 2023-002
    Material Weakness
  • 1072856 2023-002
    Material Weakness
  • 1072857 2023-002
    Material Weakness
  • 1072858 2023-002
    Material Weakness
  • 1072860 2023-002
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
93.600 Head Start $5.82M
93.568 Low-Income Home Energy Assistance $3.54M
93.569 Community Services Block Grant $708,349
94.016 Senior Companion Program $401,994
10.558 Child and Adult Care Food Program $395,647