Finding Text
Federal Agency: U.S. Department of Housing and Urban Development Federal Program: 14.129, Mortgage Insurance Nursing Homes, Intermediate Care Facilities, Board and Care Homes and Assisted Living Facilities Criteria or Specific Requirement - 2 CFR § 200.512, Report Submission, requires completion of an audit and submission of the data collection form and reporting package within the earlier of thirty calendar days after receipt of the auditors’ report, or nine months after the end of the audit period. Condition - The audit and data collection form are being submitted after the required due date. Cause – The Corporation experienced staff turnover at the facility which resulted in audit information not being provided timely and noncompliance with regulatory filing requirements. Effect – Noncompliance with the requirements of 2 CFR § 200.512. There is a potential for suspension or cessation of federal funding under the federal award. Questioned Cost - None Context – We reviewed the audit submission date in comparison to the required due date. Repeat Finding – This is not a repeat finding. Recommendation – The Corporation should take steps to ensure that its financial records are maintained on a current basis, reconciled timely, and audited within nine months after year end. Views of Responsible Officials and Planned Corrective Actions – See corrective action plan.