Finding 34350 (2022-002)

Requirement

Questioned Costs

Year

2022

Accepted

2023-06-06

Audit: 24019

Organization: Housing Authority of the City of Frederick (MD)

Auditor: Barbacane Thornton & Company LLP

AI Summary

Issue: The Authority missed the deadline for submitting the single audit to the Federal Audit Clearinghouse for the year ending March 31, 2022.
Requirement: Submissions must be made within nine months after the fiscal year-end, which was not met.
Follow-up: Implement procedures to ensure audits are completed and submitted on time in the future.

Finding Text

2022-002 ? SUBMISSION TO THE FEDERAL AUDIT CLEARINGHOUSE Condition The Authority?s single audit and reporting package to the Federal Audit Clearinghouse was delayed for the year ended March 31, 2022 beyond the due date. Criteria The submission to the Federal Audit Clearinghouse is due within nine months of its fiscal year-end. Cause The Authority did not have an audit completed within the due date of December 31, 2022. Effect The Federal Audit Clearinghouse filing deadline for the December 31, 2022 single audit was not met. Recommendation The Authority should develop procedures to ensure timely completion of the audit and submission to the Federal Audit Clearinghouse.

Corrective Action Plan

FINDING 2022-002 MANAGEMENT?S CORRECTIVE ACTION PLAN Due to Covid the scheduling of Audits has been much later than previous years. The Authority will be returning to the previous audit schedule to ensure timely filing of the audit with the Federal Audit Clearinghouse. Specifically, the Authority will have information available and to the independent auditor by July 2023. These recommendations will be implemented for the March 31, 2023 year end. These correction action plans were developed by E. Kevin Lollar, Executive Director and Barbara Hood, Director of Finance.

Other Findings in this Audit

34351 2022-002

-
34352 2022-002

-
34353 2022-002

-
34354 2022-002

-
34355 2022-002

-
34356 2022-002

-
34357 2022-002

-
34358 2022-002

-
34359 2022-002

-
610792 2022-002

-
610793 2022-002

-
610794 2022-002

-
610795 2022-002

-
610796 2022-002

-
610797 2022-002

-
610798 2022-002

-
610799 2022-002

-
610800 2022-002

-
610801 2022-002

-

Programs in Audit

ALN	Program Name	Expenditures
14.872	Public Housing Capital Fund	$1.30M
14.241	Housing Opportunities for Persons with Aids	$372,374
14.871	Section 8 Housing Choice Vouchers	$335,370
14.879	Mainstream Vouchers	$199,461
14.856	Lower Income Housing Assistance Program_section 8 Moderate Rehabilitation	$109,834
14.896	Family Self-Sufficiency Program	$72,080
14.870	Resident Opportunity and Supportive Services - Service Coordinators	$59,959
14.850	Public and Indian Housing	$33,640