FAC Explorer

Finding 518450 (2024-002)

Material Weakness Repeat Finding
Requirement
L
Questioned Costs
-
Year
2024
Accepted
2025-01-09
Audit: 336892
Organization: Brush Hill Development Corporation (MA)
Auditor: Citrin Cooperman & Company LLP

AI Summary

  • Answer: The Organization missed the deadline for filing its data collection form with the Federal Audit Clearinghouse for the year ending June 30, 2023.
  • Trend: This indicates a potential pattern of non-compliance that could affect future audits and funding opportunities.
  • List: Follow up by ensuring timely submissions in the future and reviewing internal processes to prevent delays.

Finding Text

The Organization did not file its data collection form on time with the Federal Audit Clearinghouse for the year ended June 30, 2023. (Material Weakness)

Corrective Action Plan

Management understands the importance of timely and effective reconciliations and reviews to ensure the accuracy and timeliness of financial reporting. Management is committed to implementing timely reconciliations and review procedures for key accounts to support quality, timely and compliant financial reporting.

Categories

Material Weakness

Other Findings in this Audit

  • 1094892 2024-002
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
14.181 Supportive Housing for Persons with Disabilities $972,400
14.239 Home Investment Partnerships Program $40,000
14.326 Project Rental Assistance Demonstration (pra Demo) Program of Section 811 Supportive Housing for Persons with Disabilities $22,006