FAC Explorer

Finding 1221514 (2025-002)

Material Weakness Repeat Finding
Requirement
P
Questioned Costs
-
Year
2025
Accepted
2026-06-30
Audit: 405819
Organization: Mt. Zion Housing Authority of Hammond, INC 073 11344 Dba Pleasant View (IN)
Auditor: COMER NOWLING AND ASSOCIATES PC

AI Summary

  • Answer: The Company failed to deliver necessary documents on time for the audit.
  • Trend: This delay could lead to future compliance issues and affect audit timelines.
  • List: Ensure timely document submission for audits to avoid penalties and maintain smooth processes.

Finding Text

The Company did not provide documentation to the auditors in a timely manner in order to complete the audit prior to the deadline.

Corrective Action Plan

Management will provide documentation to the auditors in a timely manner in order to complete the audit prior to the deadline.

Categories

No categories assigned yet.

Other Findings in this Audit

  • 1221511 2025-001
    Material Weakness Repeat
  • 1221512 2025-002
    Material Weakness Repeat
  • 1221513 2025-001
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
14.155 MORTGAGE INSURANCE FOR THE PURCHASE OR REFINANCING OF EXISTING MULTIFAMILY HOUSING PROJECTS $4.22M
14.195 SECTION 8 HOUSING ASSISTANCE PAYMENTS PROGRAM $1.38M