Finding 1162585 (2025-001)

Material Weakness Repeat Finding
Requirement
B
Questioned Costs
$1
Year
2025
Accepted
2025-11-18

AI Summary

  • Core Issue: The Project incorrectly paid $4,543 in expenses for another project under common management.
  • Impacted Requirements: Projects should not cover expenses for other projects, ensuring proper financial management.
  • Recommended Follow-Up: Review invoices carefully before payment and remind accounts payable staff to double-check entries.

Finding Text

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT FINDING 2025-001: SECTION 202, ASSISTANCE LISTING NUMBER 14.157 Condition: The Project paid the expense of another project under common management. Criteria: The Project should not pay the expenses of another project. Effect: The amount of expense incorrectly paid was $4,543. Context: The Accounts Receivable - Operations account was tested at June 30, 2025. No sample was tested. Questioned Costs - $4,543; Cause: The Project mistakenly paid an invoice of another project under common management. Recommendation: The Project should carefully review invoices before payment to make sure it pays the correct 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 - $4,543; Non-compliance code - R

Corrective Action Plan

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT FINDING 2025-001: SECTION 202, ASSISTANCE LISTING NUMBER 14.157 Condition: The Project paid the expense of another project under common management. Recommendation: The Project should carefully review invoices before payment to make sure it pays the correct amount. Action taken: The Project agrees with the finding. The accounts payable staff will be reminded to be careful when entering invoices for payment.

Categories

Questioned Costs

Other Findings in this Audit

  • 1162586 2025-002
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
14.157 SUPPORTIVE HOUSING FOR THE ELDERLY $144,998