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DCHA hires consultants to catch up bank reconciliations after OAC flags stale checks
Summary
Committee members heard that DCHA had accumulated overdue and stale-dated checks and that outside firms (BDO) are assisting to finish backlogged bank reconciliations so monthly controls and deposits can be restored to routine monthly practice.
Committee members pressed DCHA on a systemic problem flagged by OAC: checks received by OFM were not always deposited promptly, producing large amounts that approached or exceeded stale‑date thresholds. Cooper described photos of piles of checks and the risk that recorded receipts had not been posted to bank accounts.
DCHA witnesses said turnover and administrative leave among staff who handled deposits and accounts payable created knowledge gaps and that BDO was engaged to help complete months of unreconciled bank statements. Interim CFO Israel Khazin said the agency and its consultant are completing November and December reconciliations with the goal of transferring reconciliation duties back to staff for timely monthly close.
