FAC Explorer

Finding 370293 (2023-001)

Material Weakness
Requirement
C
Questioned Costs
-
Year
2023
Accepted
2024-02-23
Audit: 291922
Organization: Housing Authority of the City of Clarksville, Arkansas (AR)
Auditor: Donald E Curtis PLLC CPA

AI Summary

  • Answer: The officials plan to review and improve internal control procedures to address current deficiencies.
  • Trend: There is a commitment to ensure funds are only drawn when ready for payment and disbursed within 3 business days.
  • List: Increased supervision and training will be implemented, with a goal to resolve issues by June 30, 2024.

Finding Text

·        Views of Responsible Officials and Planned Corrective Actions: We will review existing internal control procedures to correct these deficiencies. We will also ensure that funds are not drawn down until we are ready to pay for approved work completed, and that the fund are disbursed within 3 business days of receipt from HUD. We will also provide increased supervision and training over the administration of this area. We anticipate a complete resolution of this error by June 30, 2024.

Corrective Action Plan

We will review existing internal control procedures to correct these deficiencies. We will also ensure that funds are not drawn down until we are ready to pay for the approved work completed and that the fund are disbursed within 3 business days of receipt from HUD. We will also provide increased supervision and training over the administration of this area. We anticipate a complete resolution of this error by June 30, 2024.

Categories

HUD Housing Programs Internal Control / Segregation of Duties

Other Findings in this Audit

  • 946735 2023-001
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
14.872 Public Housing Capital Fund $504,367
14.850 Public and Indian Housing $342,996