Answer: Management is responsible for keeping records of corrective actions taken.
Trend: This practice ensures transparency and accountability to oversight bodies like HUD.
List: Documentation must be readily available for review by auditors or relevant agencies.
Finding Text
Management will maintain documentation demonstrating completion of the corrective actions and will make the documentation available to HUD, the auditor, or the appropriate oversight agency upon request.
Corrective Action Plan
a. Finding 2025-007.
Categories
HUD Housing ProgramsInternal Control / Segregation of Duties