Finding 612693 (2022-004)

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Requirement
P
Questioned Costs
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Year
2022
Accepted
2023-09-25

AI Summary

  • Core Issue: The Housing Authority lacks a structured journal voucher system, leading to unfiled and unreviewed journal entries.
  • Impacted Requirements: This situation violates SAS 99, which mandates proper internal controls over journal entries.
  • Recommended Follow-up: Implement a centralized journal voucher system with regular reviews and staff training to ensure accuracy and compliance.

Finding Text

2022-004 Lack of a Journal Voucher system. CURRENT CONDITION: The Housing Authority of the City of Greeley does not have an organized journal voucher system. The Journal Entries have not been centrally filed, they have not been reviewed by another staff member and lack substantiation. CFDA#: 14.850, 14.871 CRITERIA: SAS 99 requires proper documented internal control over journal entries. CAUSE: The Authority experienced staff changes and computer software changes without thoroughly considering making changes to staff and staffing roles. EFFECT: The Authority has inaccuracies, and the work is not completed in a timely fashion.

Categories

Internal Control / Segregation of Duties

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
14.871 Section 8 Housing Choice Vouchers $6.17M
14.850 Public and Indian Housing $212,575
14.872 Public Housing Capital Fund $188,639