Finding Text
PART B: FINDINGS – FINANCIAL STATEMENTS AUDIT 2025-001 – Internal Controls Compliance Requirement: Internal Controls Condition and Criteria: Housing Authorities are required to have a sound internal control system in place to authorize transactions. During the current fiscal year audit, it was noted that the Housing Authority could not provide written proof of invoice authorizations by a Housing Authority Official. It should be noted that the Housing Authority did review the invoices and verified that the work was done. It was also noted that the Housing Authority implemented this procedure before the end of fieldwork. Type of Finding: Significant Deficiency Cause: The internal control structure was not adequate to prevent these deficiencies. Effect: There was no written proof of authorization of invoices. Questioned Costs: None known. Auditors’ Recommendation: We recommend that the Housing Authority strengthen its internal controls to ensure that invoices have written authorizations. Corrective Action Plan: See attached response from Executive Director on page 39. PART C: FINDINGS AND QUESTIONED COSTS – MAJOR FEDERAL AWARD PROGRAMS AUDIT 2025-001 – Internal Controls This finding is not restated - See Part B. for further information.