FAC Explorer

Finding 969782 (2023-001)

Material Weakness Repeat Finding
Requirement
P
Questioned Costs
-
Year
2023
Accepted
2024-04-16
Audit: 303623
Organization: Cable Telecommunications Association of New York, Inc. (NY)
Auditor: Cusack & Company Cpa's

AI Summary

  • Answer: We identified significant errors in accounts receivable and grant revenue during the audit.
  • Trend: Phase 3 of the grant was not recorded by the end of the reporting period (9/30/23).
  • List: Proposed adjustments total around $452,000 to correct the accounts receivable balance.

Finding Text

During the audit there were material audit adjustments we proposed to correct accounts receivable and related grant revenue. Phase 3 of the grant was not recorded as of 9/30/23. We proposed adjustments to accounts receivable for approximately $452,000 to correct the balance.

Categories

HUD Housing Programs

Other Findings in this Audit

  • 393340 2023-001
    Material Weakness Repeat
  • 393341 2023-002
    Material Weakness Repeat
  • 393342 2023-003
    Material Weakness Repeat
  • 393343 2023-004
    Material Weakness
  • 969783 2023-002
    Material Weakness Repeat
  • 969784 2023-003
    Material Weakness Repeat
  • 969785 2023-004
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
20.600 National Priority Safety Program, Ctany 2023 Multi-Media Statewide Awareness Campaign $1.25M