Finding Text
Criteria: The Cooperative is required to annually submit an audit electronically to the Federal Audit Clearinghouse.
Condition: The Cooperative has not filed annually with the Federal Audit Clearinghouse.
Questioned Costs: None.
Context: The Cooperative did not file annually with the Federal Audit Clearinghouse.
Effect: The Cooperative is out of compliance with their HUD regulatory agreement.
Cause: The Cooperative was unaware of the need to file annually with the Federal Audit Clearinghouse.
Repeat Finding: N/A.
Recommendation: We recommend that the Cooperative file annually with the Federal Audit Clearinghouse.
Current Status: Resolved, the Cooperative has filed this annual report with the Federal Audit Clearinghouse.
Action Taken: The Cooperative will file annually with the Federal Audit Clearinghouse.
Views of Responsible Officials and Planned Corrective Actions: The Cooperative agrees with this finding and will adhere to the corrective action plan.