Finding Text
Reporting – Late submission of the Single Audit Reporting Package and Data Collection
Form to the Federal Audit Clearinghouse (FAC)
Federal Agency Program Title Assistance Listing Number Award Number Award Period
All awards reported on the schedule of expenditures of federal awards
Identification as a Repeat Finding: N/A
Finding:
The Organization did not file its annual 2023 Single Audit and Data Collection form timely. The
Organization did not file its HUD REAC Annual Financial Statement timely.
Criteria:
The Single Audit Reporting Package and Data Collection Form shall be submitted to the Federal Audit
Clearinghouse 30 days after receipt of the auditor’s report, or 9 months after the end of the fiscal year,
whichever comes first. The HUD REAC AFS is due by September 30.
Condition and context:
Submission of the Single Audit Reporting Package and Data Collection Form to the FAC was not
completed within the timeframe required by the Uniform Guidance. The HUD REAC Annual Financial
Statement was not completed or submitted by September 30 as required.
We note that the Single Audit Reporting Package, Data Collection Form and HUD REAC AFS are
expected to be submitted during December 2024 for the fiscal year ended December 31, 2023.
Cause:
The Organization changed to a new property management company during 2023. The transition did not
go smoothly and the new management agent has had problems transitioning the accounting from the prior
management agent which has hindered the completion and filing reports in timely manner.
Sample size and population:
Sampling was not applicable to this finding.
Effect:
Noncompliance with the Uniform Guidance and HUD could impact future funding from Federal sources.
Recommendation:
Changes to the property management company happens infrequently. Therefore, it would be unusual for
a similar matter to reoccur; however, it is considered a best practice to maintain a schedule of regulatory
and compliance deadlines to ensure related tasks are completed in advance of deadlines. Also, see
recommendation in Finding 2023-001.
Question Costs: None
Views of Management and Corrective Action Plan:
Management’s response is reported in the “Corrective Action Plan”
Contact Person: Mauro Hernandez