Finding 1132368 (2024-001)

Significant Deficiency Repeat Finding
Requirement
C
Questioned Costs
-
Year
2024
Accepted
2025-04-25

AI Summary

  • Issue: The Company lacks a separate bank account in a federally insured depository.
  • Requirement: An interest-bearing account is necessary to meet program compliance.
  • Recommendation: Open a separate interest-bearing account at a federally insured bank.

Finding Text

The Company did not maintain a separate bank account in a federally insured depository in an interest-bearing account. We recommend that the company create a separate account in a federally insured depository in an interest-bearing account to prevent noncompliance with the program requirements.

Categories

No categories assigned yet.

Other Findings in this Audit

  • 555926 2024-001
    Significant Deficiency Repeat

Programs in Audit

ALN Program Name Expenditures
14.181 Supportive Housing for Persons with Disabilities $848,244