Finding Text
DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT FINDING 2024-001: SECTION 811, ASSISTANCE LISTING NUMBER 14.181 Condition: In 1 of 25 cash disbursements tested, the Project paid an incorrect amount for an invoice related to Project expenses. Criteria: The Project should pay the correct amount for Project expenses. Effect: The amount of the expense incorrectly paid was $90 out of a total sample of disbursements of $15,184. Context: A sample of disbursements was selected for testing of compliance. The test found one disbursement that was not in compliance. The non compliance had a financial effect outlined below. The details and results of the sample are as follows: Population - 198, $169,302; Sample - 25, $15,184; Not in compliance - 1, $90, Questioned Costs - $90; Cause: The Project mistakenly paid more than the contracted amount. Recommendation: The Project should carefully review invoices before payment to make sure it only pays the proper amount. Views of Responsible Officials and Planned Corrective Actions: The Project agrees with the finding. The accounts payable staff will be reminded to be careful when entering invoices for payment. Total-Department of Housing and Urban Development - $90; Non-compliance code - R