Finding Text
In accordance with 24 CFR section 5.801 – Uniform Reporting Standards, PHAs are required to submit timely GAAP-based unaudited financial information electronically to HUD.The above requirements were not met for the 2022 audit.The unaudited FDS was filed but filed after the required due date.Due to staff turnover, the Authority was unable to complete the 2022 unaudited timely.The Authority was in violation of the Federal Regulations relating to report submissions.We recommend that Management implement procedures to ensure compliance with the above regulations as it relates to all federal awards.