Audit 16728

2022-001 FINDING: Combined Financial Statement Preparation and Schedule of Expenditures of Federal Awards Preparation Federal Program Affected: U.S. Department of Treasury Coronavirus Relief Fund ALN 21.019 Compliance Requirement: Reporting Questioned Costs: N/A Condition and Cause: We were requested to draft the audited combined financial statements and related footnote disclosures as part of our regular audit services as well as the Schedule of Expenditures of Federal Awards (SEFA). Ultimately, it is management?s responsibility to provide for the preparation of the Organization?s statements, footnotes, and SEFA, and the responsibility of the auditor to determine the fairness of the presentation of those statements. From a practical standpoint, we do both for the Organization at the same time in connection with our audit. This is not unusual for us to do this with Organizations of your size. Criteria and Effect: It is our responsibility to inform you that this deficiency could result in a material misstatement to the financial statements that could have been prevented or detected by the Organization?s management. Repeat Finding From Prior Year: N/A ? no Uniform Guidance audit in prior year. Recommendation: As in prior years, we have instructed management to review a draft of the auditor prepared financials in detail for their accuracy, we have answered any questions they might have, and we have encouraged research of any accounting guidance in connection with the adequacy and appropriateness of classification and disclosure in your statements. We are satisfied the appropriate steps have been taken to provide the Organization with the completed financial statements. It is the responsibility of management and the Board of Directors to make the decision whether to accept the degree of risk associated with this condition because of cost or other considerations. Response/Corrective Action Plan: The Organization agrees with the above Finding. See Corrective Action Plan.

2022-001 FINDING: Combined Financial Statement Preparation and Schedule of Expenditures of Federal Awards Preparation Federal Program Affected: U.S. Department of Treasury Coronavirus Relief Fund ALN 21.019 Compliance Requirement: Reporting Questioned Costs: N/A Condition and Cause: We were requested to draft the audited combined financial statements and related footnote disclosures as part of our regular audit services as well as the Schedule of Expenditures of Federal Awards (SEFA). Ultimately, it is management?s responsibility to provide for the preparation of the Organization?s statements, footnotes, and SEFA, and the responsibility of the auditor to determine the fairness of the presentation of those statements. From a practical standpoint, we do both for the Organization at the same time in connection with our audit. This is not unusual for us to do this with Organizations of your size. Criteria and Effect: It is our responsibility to inform you that this deficiency could result in a material misstatement to the financial statements that could have been prevented or detected by the Organization?s management. Repeat Finding From Prior Year: N/A ? no Uniform Guidance audit in prior year. Recommendation: As in prior years, we have instructed management to review a draft of the auditor prepared financials in detail for their accuracy, we have answered any questions they might have, and we have encouraged research of any accounting guidance in connection with the adequacy and appropriateness of classification and disclosure in your statements. We are satisfied the appropriate steps have been taken to provide the Organization with the completed financial statements. It is the responsibility of management and the Board of Directors to make the decision whether to accept the degree of risk associated with this condition because of cost or other considerations. Response/Corrective Action Plan: The Organization agrees with the above Finding. See Corrective Action Plan.