Finding 1074619 (2023-001)

Significant Deficiency
Requirement
L
Questioned Costs
-
Year
2023
Accepted
2024-09-25

AI Summary

  • Core Issue: The Corporation failed to submit the SF-SAC data collection form on time for the 2022 financial statements.
  • Impacted Requirements: This non-compliance violates federal reporting standards outlined in 2 CFR 200.512.
  • Recommended Follow-Up: Ensure timely submission of the SF-SAC form in future audits to avoid similar issues.

Finding Text

Finding reference number: 2023-001 CFDA Title and a number (Federal award identification number and year): Supportive Housing for Persons with Disabilities, Assistance Listing Number 14.181, 1998 (Project identification number 085-HD016) Auditor non-compliance code: Z - Other Finding resolution status: Resolved Universe population size: The universe population size is not applicable to the finding. Sample size information: The sample size information is not applicable to the finding. Statistically valid sample: N/A Name of Federal agency: U.S. Department of Housing and Urban Development Pass-through entity: N/A Questioned costs: N/A Statement of condition 2023-001: The Corporation did not file the data collection form SF-SAC for the audited financial statements for the year ended December 31, 2022, with the federal audit clearing house in a timely manner, as required by 2 CFR 200.512. Criteria: Pursuant to 2 CFR 200.512, the Corporation is required to submit data collection form SFSAC with the federal audit clearing house within nine months after the end of the audit period. Effect: The Corporation is not in compliance with federal reporting standards. Cause: Management oversight on final certification of the data collection form SF-SAC. Recommendation: Management should submit data collection form SF-SAC as required by 2 CFR 200.512. Completion date: January 4, 2024 Management's response: Agree. Management filed form SF-SAC on January 4, 2024.

Categories

Subrecipient Monitoring Reporting Internal Control / Segregation of Duties

Other Findings in this Audit

  • 498176 2023-001
    Significant Deficiency
  • 498177 2023-001
    Significant Deficiency
  • 1074618 2023-001
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
14.181 Supportive Housing for Persons with Disabilities $155,781