FAC Explorer

Finding 1153444 (2024-001)

Material Weakness Repeat Finding
Requirement
L
Questioned Costs
-
Year
2024
Accepted
2025-09-18
Audit: 366685
Organization: Plan of Action for Challenging Times INC (CA)
Auditor: Christopher Chime Ogbodo CPA

AI Summary

  • Answer: The audit report due by May 31, 2025, has not been submitted.
  • Trend: This indicates a pattern of non-compliance with federal submission deadlines.
  • List: Follow up to ensure timely submission and review processes are in place for future audits.

Finding Text

The audit report for the period ending August 31, 2024, was due to be submitted to the Federal Audit Clearinghouse by May 31, 2025. The audit report has not yet been submitted, resulting in non-compliance with federal submission requirements.

Corrective Action Plan

PACT Management acknowledges the late submission of the audit and apologizes for any inconvenience. Future audits will be submitted by the required deadline. This year was the first year that the organization has had to submit a single audit in nearly 10 years due to the federal spending thresholds that require a single audit. The process took longer than anticipated and there were some learning curves. We plan to start the process earlier this year, and in future years to ensure on time submission

Categories

No categories assigned yet.

Programs in Audit

ALN Program Name Expenditures
84.047 Department of Education $833,049