Finding Text
Finding No: 2024-002 Type: Noncompliance with provisions of contracts or grant –Housing Choice Vouchers, Assistance Listing No. 14.871; Condition: We identified the following non-compliances: submitted unaudited financials submitted through FASS-PH did not match unadjusted financials received. Criteria: The Code of Federal Regulations and HUD guidelines give the requirements for reporting “The Uniform Financial Reporting Standards require PHAs to submit timely GAAP-based unaudited financial information electronically to HUD [via FASS-PH]” Amount: Not determined Cause: There was staffing turnover and management changes throughout the year. Effect or Potential Effect: 1. There may be reconciling items between financial information submitted to HUD and the Authority’s financials. Repeat Audit Finding: No