Finding 390430 (2023-006)

Material Weakness
Requirement
A
Questioned Costs
-
Year
2023
Accepted
2024-03-30

AI Summary

  • Answer: There are discrepancies in interfund receivables and payables that need to be addressed.
  • Trend: Recent audits show an increasing number of mismatches, indicating a potential systemic issue.
  • List: Review all interfund transactions, reconcile accounts monthly, and implement stricter oversight procedures.

Finding Text

Interfund Receivable / Payable

Corrective Action Plan

To adjust as soon as possible and ensure it is not an issue in the future.

Categories

No categories assigned yet.

Other Findings in this Audit

  • 390429 2023-005
    Material Weakness
  • 390431 2023-007
    Material Weakness
  • 966871 2023-005
    Material Weakness
  • 966872 2023-006
    Material Weakness
  • 966873 2023-007
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
14.871 Section 8 Housing Choice Vouchers $1.89M
14.872 Public Housing Capital Fund $895,330
14.879 Mainstream Vouchers $295,785
14.850 Public and Indian Housing $262,861
14.238 Shelter Plus Care $21,639
14.239 Home Investment Partnerships Program $17,215
14.870 Resident Opportunity and Supportive Services - Service Coordinators $15,693