Finding 502447 (2024-002)

- Repeat Finding

Requirement

Questioned Costs

Year

2024

Accepted

2024-10-10

Audit: 324465

Organization: Chesapeake Voa Living Center, INC (VA)

Auditor: Maddox & Associates Apc

AI Summary

Answer: Surplus cash was not deposited on time.
Trend: This delay could indicate a pattern of poor cash management.
List: Ensure timely deposits, review cash handling procedures, and monitor compliance regularly.

Finding Text

Surplus cash was not deposited into the Residual Receipts account within 90 dasy.

Corrective Action Plan

Management Agrees with the finding. The residual receipts account deficiency was funded on June 26, 2024 in the amnount of $15,438. Management will ensure that the residual receipts account is properly funded in the future.

Other Findings in this Audit

502446 2024-001

- Repeat
1078888 2024-001

- Repeat
1078889 2024-002

- Repeat

Programs in Audit

ALN	Program Name	Expenditures
14.181	Supportive Housing for Persons with Disabilities	$759,175