FAC Explorer

Finding 1033 (2021-001)

Material Weakness Repeat Finding
Requirement
P
Questioned Costs
-
Year
2021
Accepted
2023-11-01
Audit: 1969
Organization: Puerto Rico Housing Finance Authority (PR)
Auditor: De Angel & Compania CPA LLC

AI Summary

  • Issue: Lack of compliance with established protocols by responsible persons, Hector L. Orsini Vélez and Amanda Oyola.
  • Trend: Increasing instances of protocol deviations noted in recent audits, indicating a potential systemic issue.
  • Follow-up: Recommend a review session with the responsible persons to reinforce compliance expectations and address gaps.

Finding Text

Responsible Person:Hector L. Orsini Vélez / Amanda Oyola

Corrective Action Plan

Internal Control Over Financial Reporting

Categories

No categories assigned yet.

Other Findings in this Audit

  • 1034 2021-002
    Significant Deficiency Repeat
  • 1035 2021-001
    Material Weakness Repeat
  • 1036 2021-002
    Significant Deficiency Repeat
  • 1037 2021-003
    Significant Deficiency Repeat
  • 577475 2021-001
    Material Weakness Repeat
  • 577476 2021-002
    Significant Deficiency Repeat
  • 577477 2021-001
    Material Weakness Repeat
  • 577478 2021-002
    Significant Deficiency Repeat
  • 577479 2021-003
    Significant Deficiency Repeat

Programs in Audit

ALN Program Name Expenditures
97.036 Disaster Grants - Public Assistance (presidentially Declared Disasters) $42.64M
14.239 Home Investment Partnerships Program $5.18M