FAC Explorer

Finding 1152507 (2021-005)

Material Weakness Repeat Finding
Requirement
L
Questioned Costs
-
Year
2021
Accepted
2025-09-09
Audit: 365960
Organization: Salem Housing Development Corporation (NE)
Auditor: Dauby O'Connor & Zaleski LLC

AI Summary

  • Issue: Missing invoice for one disbursement as of December 31, 2021.
  • Trend: This raises concerns about documentation practices and financial oversight.
  • Follow-up: Request the management agent to locate the missing invoice and review procedures to prevent future occurrences.

Finding Text

At December 31, 2021, the management agent was unable to provide supporting invoice for 1 disbursement.

Categories

No categories assigned yet.

Other Findings in this Audit

  • 576064 2021-002
    Material Weakness Repeat
  • 576065 2021-005
    Material Weakness Repeat
  • 576066 2021-004
    Material Weakness Repeat
  • 576067 2021-003
    Material Weakness Repeat
  • 576068 2021-001
    Material Weakness Repeat
  • 576069 2021-006
    Material Weakness
  • 1152506 2021-002
    Material Weakness Repeat
  • 1152508 2021-004
    Material Weakness Repeat
  • 1152509 2021-003
    Material Weakness Repeat
  • 1152510 2021-001
    Material Weakness Repeat
  • 1152511 2021-006
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
14.155 Mortgage Insurance for the Purchase Or Refinancing of Existing Multifamily Housing Projects $1.78M
14.195 Project-Based Rental Assistance (pbra) $380,233