Finding 1157423 (2024-002)

Material Weakness Repeat Finding
Requirement
ABIJL
Questioned Costs
-
Year
2024
Accepted
2025-09-30

AI Summary

  • Core Issue: Several tenant files are missing essential documents, including signed rental agreements and certifications.
  • Impacted Requirements: The Corporation must maintain complete tenant files with all necessary documentation and signatures.
  • Recommended Follow-Up: Implement a checklist to ensure all tenant files are properly documented and up to date.

Finding Text

Finding 2024-002 Tenant File Documentation Condition: Five tenants did not have a signed rental agreement on file, one tenant’s income on the tenant certification could not be recomputed, one tenant did not have a signed tenant certification, and no new tenants had inspections signed. Criteria: The Corporation should ensure that tenant files are complete with all documentation and signatures. Cause: The Corporation’s previous property manager did not have a system in place to verify tenant files were up to date. Effect: This deficiency would not have a material effect on the tenant rent. Recommendation: We recommend the Corporation create a checklist to ensure that tenant files are properly documented. Repeat Finding: Yes. Views of Responsible Officials and Planned Corrective Actions: We agree with the auditgor and will take it under advisement.

Corrective Action Plan

Recommendation: We recommend the Corporation create a checklist to ensure that tenant files are properly documented. Action Taken: We agree with the auditor and will take under advisement. Anticipated Date of Completion: December 31, 2025

Categories

No categories assigned yet.

Other Findings in this Audit

  • 1157419 2024-001
    Material Weakness Repeat
  • 1157420 2024-002
    Material Weakness Repeat
  • 1157421 2024-003
    Material Weakness Repeat
  • 1157422 2024-001
    Material Weakness Repeat
  • 1157424 2024-003
    Material Weakness Repeat
  • 1157425 2024-004
    Material Weakness Repeat
  • 1157426 2024-005
    Material Weakness Repeat
  • 1157427 2024-006
    Material Weakness Repeat
  • 1157428 2024-004
    Material Weakness Repeat
  • 1157429 2024-005
    Material Weakness Repeat
  • 1157430 2024-006
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
10.427 Rural Rental Assistance Payments $159,269
10.415 Rural Rental Housing Loans $92,538