Finding Text
Data Collection Form (Form SF-SAC)
Cluster: Not applicable
Sponsoring Agency U.S. Department of Housing and Urban Development
Award Name Home Investment Partnerships Program
Award Number Not applicable
Assisting Listing Number 14.239
Award Year FY 2002
Pass-through entity Not applicable
Criteria:
According to 45 CFR 75.512, the audit must be completed and the data collection form (Form SF-SAC) must
be submitted within the earlier of 30 calendar days after receipt of the auditor's report(s), or nine months after
the end of the audit period.
Condition:
The CDP failed to submit to FAC the data collection form.
Cause:
The CDP failed to acquire the annual audit in a timely fashion resulting in a failure to file the data collection
form.
Effect:
Failure to file data collection form could result in withholding of federal funds and jeopardize CDP's eligibility
for federal awards.
Recommendation:
Management needs to ensure the CDP can produce accurate and complete annual financial statements to
ensure efficient audit process. Incomplete financial records will lead to increased testing which may result in
delay of filing the data collection form.
Management's Views and Corrective Action Plan
Management's response is included in "Management's View and Corrective Action Plan" at the end of this
report after the schedule of findings and questioned cost.