Finding Text
2023-002 Identity of Interest Forms Not Current (Loan Programs #10.415 and #10.447)
Condition: Identity of Interest forms were not current during the year under audit.
Effect: Adam's County Housing Authority's system of internal control may not prevent, detect, or correct noncompliance with applicable programs.
Cause: The Identity of Interest forms were not updated and approved by Rural Development when expired.
Criteria: Adams County Housing Authority must monitor compliance requirements and update forms as needed.
Auditor Recommendation: Adams County Housing Authority track compliance requirements to ensure Identity of Interest forms are updated timely.
Auditee Response: All Identity of Interest forms have been updated in 2024.