Finding 619399 (2022-001)

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Requirement
L
Questioned Costs
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Year
2022
Accepted
2023-02-12
Audit: 39673
Organization: Kenyon Terrace Apartments, Inc. (RI)
Auditor: D'ambra CPA

AI Summary

  • Core Issue: The Corporation failed to submit the required annual Data Collection Form for the years 2020 and 2021.
  • Impacted Requirements: Compliance with federal regulations under Section 811, which mandates timely filing with the Single Audit Clearing House.
  • Recommended Follow-Up: Ensure the prior auditor completes the missing forms so the Corporation can file them promptly.

Finding Text

Finding 2022-001: Federal program - Section 811: Criteria - Federal regulations require the Corporation to file an annual Data Collection Form with the Single Audit Clearing House; Condition - the last year submitted was 12/31/2019; Cause - the prior auditor did not complete the form for owner signature; Recommendation - the owner representative should notify the prior auditor to complete the form for 2020 add 2021 so that the owner can file the annual Data Collection forms for the omitted years. Response: The owner representative has notified the prior auditor to complete the missing years? form and, upon their completion, will file the Data Collection forms for the missing years.

Categories

HUD Housing Programs

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
14.181 Supportive Housing for Persons with Disabilities $919,874