FAC Explorer

Finding 577115 (2023-001)

-
Requirement
P
Questioned Costs
$1
Year
2023
Accepted
2023-10-25
Audit: 1253
Organization: B.l. Trevathan/hatler E. Morgan Elderly Housing, Inc. (KY)
Auditor: Comer Nowling and Associates PC

AI Summary

  • Issue: The tenant security deposit account is short by $225 as of March 31, 2023.
  • Trend: This underfunding indicates a potential ongoing issue with managing tenant deposits.
  • Follow-up: Review funding practices and ensure the account is properly maintained moving forward.

Finding Text

The Corporation’s tenant security deposit account is underfunded by $225 during the year ended March 31, 2023.

Categories

Questioned Costs

Other Findings in this Audit

  • 673 2023-001
    -

Programs in Audit

ALN Program Name Expenditures
14.157 Supportive Housing for the Elderly $88,318