FAC Explorer

Finding 573889 (2023-001)

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Requirement
P
Questioned Costs
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Year
2023
Accepted
2025-08-19
Audit: 364553
Organization: Weatherford Industrial Trust (OK)
Auditor: Jana A Walker CPA PLLC

AI Summary

  • Answer: The audit report was submitted late, nine months after the year-end deadline.
  • Trend: Timely submission of audit reports is crucial for compliance and transparency.
  • List: Follow up on improving submission processes to ensure reports are filed on time in the future.

Finding Text

The Audit report filed with the Federal Audit Clearinghouse after alloted 9 months after year-end period.

Corrective Action Plan

Management will make arrangements to have their records inspected quicker after year-end to ensure the timely completion of an andut. Additionally, follow-up procedures will be executed to ensure all parties have received the required information to complete audit procedures prior to deadline.

Categories

No categories assigned yet.

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
11.307 Economic Adjustment Assistance $1.62M
20.106 Airport Improvement Program, Infrastructure Investment and Jobs Act Programs, and Covid-19 Airports Programs $30,862