Finding 1208233 (2025-001)

Material Weakness Repeat Finding
Requirement
L
Questioned Costs
-
Year
2025
Accepted
2026-04-20
Audit: 399180
Organization: Palo Duro II Inc. (OK)

AI Summary

  • Core Issue: The Organization failed to submit the required Single Audit reporting package to the Federal Audit Clearinghouse, violating federal compliance requirements.
  • Impacted Requirements: Noncompliance with 2 CFR § 200.512, which mandates submission of audit reports within specified timelines for entities receiving over $1,000,000 in federal awards.
  • Recommended Follow-Up: Implement formal controls for compliance, including documentation retention, assignment of submission responsibilities, a compliance calendar, and consultation with federal oversight for potential remedial actions.

Finding Text

Finding 2025-001: Failure to Submit Required Single Audit Reporting Package to the Federal Audit Clearinghouse Federal Agency: U.S. Department of Housing and Urban Development Assistance Listing Number: 14.181 Federal Program: Supportive Housing for Persons with Disabilities Type of Finding: Material Weakness in Internal Control Over Compliance; Noncompliance Compliance Requirement: Reporting Criteria: In accordance with 2 CFR § 200.512, the Uniform Guidance requires a non-Federal entity that expends $1,000,000 or more in Federal awards during its fiscal year to have a Single Audit performed and to submit the reporting package and data collection form to the Federal Audit Clearinghouse within the earlier of 30 calendar days after receipt of the auditor’s reports or nine months after the end of the audit period. The auditee is responsible for following up and taking corrective action on audit findings and for preparing and submitting the required reporting package. Condition: The Organization has not submitted required Single Audit reporting packages and related data collection forms to the Federal Audit Clearinghouse, despite participating in a Federal program subject to Single Audit requirements. Cause: During our testing of compliance with reporting requirements for the Section 811 program, we reviewed available records related to prior Single Audit submissions. Based on those procedures, we noted no evidence that the Organization had submitted the required reporting package to the Federal Audit Clearinghouse. Effect: As a result, the Organization is not in compliance with Federal reporting requirements. In addition, the absence of controls over Single Audit reporting creates a reasonable possibility that noncompliance with Federal program reporting requirements would not be prevented, or detected and corrected, on a timely basis. Federal awarding agencies, pass-through entities, and oversight bodies may not be provided with the required audit reporting information through the Federal Audit Clearinghouse. Questioned Costs: None noted. Recommendation: We recommend management implement formal controls to ensure compliance with Single Audit reporting requirements on the Federal Audit Clearinghouse such as 1) retaining annual documentation of whether the Organization meets the Federal expenditure threshold requiring a Single Audit, 2) assignment of responsibility for submitting the reporting package and data collection form, 3) use of a compliance calendar to monitor deadlines, and 4) retention of documentation evidencing timely submission to the Federal Audit Clearinghouse. Management should also consult with the appropriate Federal program oversight personnel to determine whether any remedial action related to prior-year non-filings is necessary or appropriate.

Corrective Action Plan

Views of Responsible Officials and Planned Corrective Actions: Management Response: Management concurs with the finding. In prior years, the Single Audit Reporting Package was not submitted to the Federal Audit Clearinghouse due to an internal misunderstanding of management’s responsibility for submission. With the engagement of a new audit firm, management has clarified these responsibilities. Corrective Action Plan: Management will formally designate responsibility for the timely submission of the Single Audit Reporting Package to a specific member of the finance department. In addition, management will implement a review process to confirm submission and receipt acknowledgment from the Federal Audit Clearinghouse. Responsible Official: Kimberly Burt, Chief Financial Officer Anticipated Completion Date: Management anticipates the filing will be completed within 30 days of the audit report date.

Categories

HUD Housing Programs Internal Control / Segregation of Duties Material Weakness Reporting Matching / Level of Effort / Earmarking

Other Findings in this Audit

  • 1208234 2025-002
    Material Weakness Repeat
  • 1208235 2025-003
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
14.181 SUPPORTIVE HOUSING FOR PERSONS WITH DISABILITIES $1.57M
23.023 EMERGENCY RENTAL ASSISTANCE PROGRAM $789,602