Finding 1137646 (2024-002)

Significant Deficiency
Requirement
P
Questioned Costs
-
Year
2024
Accepted
2025-05-21

AI Summary

  • Core Issue: The Data Collection Form and Single Audit reporting package were submitted late, exceeding the nine-month deadline after the audit period.
  • Impacted Requirements: This violates the compliance requirement set by Uniform Guidance, Part 200.512 regarding timely reporting.
  • Recommended Follow-up: Ensure future submissions of the data collection form and audit package meet the required deadlines to avoid compliance issues.

Finding Text

inding No. 2024-002 – DATA COLLECTION FORM DUE DATES Name of Federal Agency U.S. Department of Housing and Urban Development Pass-through the Puerto Rico Housing Finance Authority Federal Program Community Development Block Grant - Disaster Recovery Assistance Listing Number 14.218 Category Compliance/Internal Control Compliance Requirement Reporting Criteria Uniform Guidance, Part 200.512 (1) established the audit, the data collection form, and the reporting package must be submitted within thirty (30) calendar days after the auditee receives the auditor's report(s) or nine months after the end of the audit period (whichever is earlier). The cognizant agency for audit or oversight agency for audit (in the absence of a cognizant agency for audit) may authorize an extension when the nine-month timeframe would place an undue burden on the auditee. If the due date falls on a Saturday, Sunday, or Federal holiday, the reporting package is due the next business day. Condition The Data Collection Form and Single Audit reporting package were not submitted within nine (9) months after the end of the audit period. Cause and Effect Information to complete the financial statements audit procedures was not available within the required period. Data collection form and single audit report were not submitted in a timely manner as required by the Uniform Guidance. Questioned Cost None Recommendation Data collection from and single audit package shall be submitted within the required due dates. Views of Responsible Officials The management of the Institution agrees with this finding. Responsible Person Ms. Ceciliana Cabrer President

Categories

Internal Control / Segregation of Duties Reporting

Other Findings in this Audit

  • 561203 2024-001
    Significant Deficiency
  • 561204 2024-002
    Significant Deficiency
  • 1137645 2024-001
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
14.288 Community Development Block Grant - Disaster Recovery $2.39M
97.036 Disaster Grants - Public Assistance (presidentially Declared Disasters) $575,565