Finding 1056831 (2024-001)

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Requirement
N
Questioned Costs
-
Year
2024
Accepted
2024-08-05
Audit: 316621
Organization: West House Corporation (RI)
Auditor: D'ambra CPA

AI Summary

  • Answer: One tenant file incorrectly excluded a gift as an asset during income re/certification.
  • Trend: This oversight indicates a potential gap in management's review process for tenant files.
  • List: Management has addressed the issue by correcting the error and should continue to ensure thorough reviews of all files.

Finding Text

Federal program - Project rental assistance; Criteria - The HUD Occupancy handbook specifies the nature and content of the tenant income re/certifications; Condition - in testing tenant /certification files, I noted the following error: gift not counted as an asset (1 of 5 files); Cause - management oversight; Recommendation - management should review the file for completeness and correct the error. Response: Management has corrected the error.

Categories

HUD Housing Programs Internal Control / Segregation of Duties

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
14.157 Supportive Housing for the Elderly $220,348