FAC Explorer

Finding 411337 (2022-007)

Material Weakness Repeat Finding
Requirement
N
Questioned Costs
-
Year
2022
Accepted
2023-08-03
Audit: 312062
Organization: Municipality of Yauco (PR)
Auditor: Lopez Vega CPA Psc

AI Summary

  • Core Issue: Missing detailed calculations for the Administrative Fee Equity and HAP Equity in the Voucher Management System (VMS).
  • Impacted Requirements: Monthly reports must reconcile with VMS data and align with the Financial Data Schedule (FDS).
  • Recommended Follow-Up: Request the necessary monthly detail from the accountant to ensure compliance and accurate reporting.

Finding Text

As part of our audit procedures over the monthly submitted reports, Voucher Management System (VMS), we required evidence of how the Administrative Fee Equity and HAP Equity were calculated. The accountant didn't provide a monthly detail that reconciled with the information submitted in the VMS. In addition, the amounts presented in the VMS at June 30, 2022, do not reconcile with the amounts presented in the Financial Data Schedule (FDS).

Corrective Action Plan

Finding Reference 2022-007Federal Agency: U.S. Department of Housing and Urban DevelopmentFederal Program Title andALN: Section 8 Housing Choice Vouchers (ALN. 14.871) Compliance Requirement: Special Test ? Rolling Forward Equity BalancesType of finding: Material Weakness in Internal Control (MW), Instance of Noncompliance (NC)View of Responsible Official and Planned Corrective Action PlanImplementation Date During the 2023-2024 fiscal year.As part of our corrective action plan, the Program?s supervisor will strengthen her monitoring procedures. Also, the tenant?s files will be reviewed in accordance with the recommendation received.Responsible Person Mrs. Mariela Caraballo, Federal Department Coordinator

Categories

No categories assigned yet.

Other Findings in this Audit

  • 411338 2022-007
    Material Weakness Repeat
  • 411339 2022-008
    Significant Deficiency
  • 411340 2022-008
    Significant Deficiency
  • 411341 2022-008
    Significant Deficiency
  • 987779 2022-007
    Material Weakness Repeat
  • 987780 2022-007
    Material Weakness Repeat
  • 987781 2022-008
    Significant Deficiency
  • 987782 2022-008
    Significant Deficiency
  • 987783 2022-008
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
14.218 Community Development Block Grants/entitlement Grants $717,191
21.019 Coronavirus Relief Fund $712,281
97.036 Disaster Grants - Public Assistance (presidentially Declared Disasters) $710,826
21.027 Coronavirus State and Local Fiscal Recovery Funds $703,647
20.507 Federal Transit_formula Grants $628,235
16.575 Crime Victim Assistance $101,188
14.235 Supportive Housing Program $83,382
14.241 Housing Opportunities for Persons with Aids $54,524
93.575 Child Care and Development Block Grant $47,234
97.030 Community Disaster Loans $12,245
14.871 Section 8 Housing Choice Vouchers $8,019
14.228 Community Development Block Grants/state's Program and Non-Entitlement Grants in Hawaii $5,144