Finding 49568 (2022-007)

Material Weakness Repeat Finding
Requirement
A
Questioned Costs
-
Year
2022
Accepted
2023-09-24

AI Summary

  • Answer: The audit revealed discrepancies in financial reporting that need addressing.
  • Trend: Similar issues have been noted in previous audits, indicating a recurring problem.
  • List: Follow up by reviewing the Schedule of Findings and implementing corrective actions to prevent future occurrences.

Finding Text

See Schedule of Findings and Questioned Costs Table

Corrective Action Plan

The Chosen Ones accounting department, Executive Director, and Board Members will develop processes to ensure reconciliation procedures for actual expenditures are reviewed and that this review is documented by means of a worksheet, memo, or other form of measurement to ensure the funds which are applied for are matched to the appropriate revenue to be recognized and to the TDHCA system.

Categories

No categories assigned yet.

Other Findings in this Audit

  • 49569 2022-008
    Significant Deficiency
  • 49570 2022-009
    Material Weakness Repeat
  • 49571 2022-010
    Significant Deficiency
  • 49572 2022-011
    Material Weakness Repeat
  • 49573 2022-012
    Material Weakness Repeat
  • 49574 2022-013
    Significant Deficiency
  • 626010 2022-007
    Material Weakness Repeat
  • 626011 2022-008
    Significant Deficiency
  • 626012 2022-009
    Material Weakness Repeat
  • 626013 2022-010
    Significant Deficiency
  • 626014 2022-011
    Material Weakness Repeat
  • 626015 2022-012
    Material Weakness Repeat
  • 626016 2022-013
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
14.231 Emergency Solutions Grant Program $716,123
93.568 Low-Income Home Energy Assistance $106,724