Finding 403359 (2023-001)

Significant Deficiency Repeat Finding
Requirement
L
Questioned Costs
-
Year
2023
Accepted
2024-06-27

AI Summary

  • Core Issue: AIDs Resource Foundation for Children, Inc. missed the deadline to file its single audit report, which was due by March 31, 2024.
  • Impacted Requirements: The failure to complete the audit on time violates 2 CFR 910.512 (a)(1), which mandates timely submission of audit reports.
  • Recommended Follow-up: Implement procedures to ensure timely closing of accounting records and scheduling of audits; aim to start the June 2024 audit by December 1, 2024.

Finding Text

Condition - AIDs Resource Foundation for Children, Inc. failed ot file its single audit report with the federal clearing by the required due date-the earlier of 30 calendar daus after the reciept of the auditor's report, or nine months after the end of the period under audit. The single audit report for the year ended June 30,, 2023, was required to b e completed and filed by March 31, 2024l however, the audit was not completed. Citeria - Per 2 CFR 910.512 (a)(1), the the audit must be completed, and the reporting package must be submitted within the earlier of 30 calendar days after the reciept od the auditor;s report, or nine months after the end of the audit period.; Cause; Teh Agency did not timely close out its books and records and administer the audit in a timely manner to permit timely finling.; Effect or Potential effect; Lateness in reporting could result oin current information not being provided to federl agencies timely and potential impacts on grant funding. ; Recommendation - We recommend that AIDS Resource Foundation for Children, Inc. , establish procedures and controls to ensure the accounting records are closed out timely and ensure required audits are scheduled and performed timely. Management response- We plan on staring the June 2024 audit by December 1, 2024, which should give us enough time to complete the Uniform Guidance audit by MArch 31, 2025. Planned Implentation Date of Corrective Action; Octover 2024

Corrective Action Plan

Management plans on starting the June 2024 audit by December 1, 2024, which should give us enough time to complete the Uniform Guidance audit by March 31, 2025.

Categories

Reporting

Other Findings in this Audit

  • 979801 2023-001
    Significant Deficiency Repeat

Programs in Audit

ALN Program Name Expenditures
93.917 Hiv Care Formula Grants $1.09M
14.195 Section 8 Housing Assistance Payments Program $1.07M
93.940 Hiv Prevention Activities_health Department Based $211,299
93.153 Coordinated Services and Access to Research for Women, Infants, Children, and Youth $129,822
97.024 Emergency Food and Shelter National Board Program $105,992