Finding Text
Finding No.: 2022-004
Federal Agency: U.S. Department of Housing and Urban Development (HUD)
Federal Cluster: Housing Voucher Cluster
AL Numbers: 14.EHV, 14.HCC, 14.871, 14.879
Area: Reporting
Questioned Costs: $0
Criteria:
In accordance with applicable reporting requirements, the Uniform Reporting Standards require
PHAs to submit timely GAAP-based unaudited financial information electronically to HUD.
Amounts reported in the Financial Assessment Subsystem, FASS-PH, should be accurate.
Condition:
Unaudited amounts reported in certain key line items in the FASS-PH for FY 2022 do not agree
with underlying accounting records, as follows:
Cause:
GHURA did not effectively implement monitoring controls over compliance with reporting
requirements. Also, relative to equity line items, GHURA is unable to input the unaudited FY
2021 financial information in the FASS-PH, and such balances impact the FY 2022 reporting.
Effect:
GHURA is in noncompliance with applicable reporting requirements. No questioned cost is
reported as we are unable to quantify the extent of noncompliance.
Recommendation:
Responsible personnel should implement monitoring controls over compliance with applicable
reporting requirements. Prior to reporting amounts in the FASS-PH, responsible personnel
should examine and maintain underlying accounting records to determine the accuracy and
completeness of reported data. Also, responsible personnel should continue to coordinate with
HUD relative to the submission of FY 2021 financial information in the FASS-PH.
Views of Responsible Officials:
Responsible accounting personnel will coordinate and prioritize with HUD to resolve the
submission of its audited Fiscal Year 2020 and 2021 financial information as required in the
Financial Assessment Sub-System (FASS-PH) so that the Authority can meet the reporting
requirement.