FAC Explorer

Finding 971120 (2021-018)

Material Weakness Repeat Finding
Requirement
B
Questioned Costs
-
Year
2021
Accepted
2024-04-25
Audit: 304565
Organization: Housing Authority of the City of Fayetteville (IL)
Auditor: Barrale Renshaw CPAS and Advisors LLC

AI Summary

  • Core Issue: The Fayetteville Housing Authority is missing receipts for credit card purchases, hindering the audit process.
  • Impacted Requirements: Federal guidelines require all requested documentation to be available for audit review.
  • Recommended Follow-Up: Management should improve record-keeping practices to ensure all receipts are properly secured and accounted for.

Finding Text

2021-018 Missing Documentation - Receipts for Credit Card Purchases Federal Awards: 14-850 Public and Indian Housing Low Rent Program Criteria: Requested information should be readily available for audit examination. Condition: The Fayetteville Housing Authority was unable to locate some receipts to credit card purchases for audit examination. Questioned Costs: Undetermined due to missing documentation. Effect: We are unable to determine the accuracy of the financial statement amounts due to lack of supporting documentation. Cause: Prior management of the Fayetteville Housing Authority did not secure all the required receipts for supporting documentation. Recommendation: We recommend the Fayetteville Housing Authority's management place a greater emphasis in safe keeping its records to ensure all receipts for every transaction is accounted for.

Categories

Procurement, Suspension & Debarment HUD Housing Programs

Other Findings in this Audit

  • 394668 2021-008
    Material Weakness Repeat
  • 394669 2021-009
    Material Weakness Repeat
  • 394670 2021-010
    Material Weakness Repeat
  • 394671 2021-011
    Material Weakness Repeat
  • 394672 2021-012
    Material Weakness Repeat
  • 394673 2021-013
    Significant Deficiency Repeat
  • 394674 2021-014
    Significant Deficiency Repeat
  • 394675 2021-015
    Material Weakness Repeat
  • 394676 2021-016
    Material Weakness Repeat
  • 394677 2021-017
    Significant Deficiency Repeat
  • 394678 2021-018
    Material Weakness Repeat
  • 394679 2021-019
    Material Weakness Repeat
  • 394680 2021-020
    Significant Deficiency
  • 394681 2021-021
    Significant Deficiency Repeat
  • 971110 2021-008
    Material Weakness Repeat
  • 971111 2021-009
    Material Weakness Repeat
  • 971112 2021-010
    Material Weakness Repeat
  • 971113 2021-011
    Material Weakness Repeat
  • 971114 2021-012
    Material Weakness Repeat
  • 971115 2021-013
    Significant Deficiency Repeat
  • 971116 2021-014
    Significant Deficiency Repeat
  • 971117 2021-015
    Material Weakness Repeat
  • 971118 2021-016
    Material Weakness Repeat
  • 971119 2021-017
    Significant Deficiency Repeat
  • 971121 2021-019
    Material Weakness Repeat
  • 971122 2021-020
    Significant Deficiency
  • 971123 2021-021
    Significant Deficiency Repeat

Programs in Audit

ALN Program Name Expenditures
21.023 Emergency Rental Assistance Program $1.30M
14.850 Public and Indian Housing $649,822
14.U03 Component Unit- Blended $307,554
14.872 Public Housing Capital Fund $255,092
14.871 Section 8 Housing Choice Vouchers $201,613
14.879 Mainstream Vouchers $53,615
14.U02 Tenant Based Rental Assistance $45,549
14.U01 Esg- Covid $19,804
14.U04 Business Activities $15,136
14.850 Public Housing Cares Act Fund $6,722
14.896 Family Self-Sufficiency Program $0