FAC Explorer

Audit 178612

FY End
2022-06-30
Total Expended
$3.20M
Findings
14
Programs
6
Organization: North Iowa Area Council of Governements (IA)
Year: 2022 Accepted: 2023-02-02
Auditor: Larry Pump CPA

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
194812 2022-004 Material Weakness Yes ABGJLMN
194813 2022-004 Material Weakness Yes ABCFIM
194814 2022-004 Material Weakness Yes ABCFIM
194815 2022-004 Material Weakness Yes ABCFIM
194816 2022-004 Material Weakness Yes ABCFIM
194817 2022-004 Material Weakness Yes ABCFIM
194818 2022-004 Material Weakness Yes ABCFIM
771254 2022-004 Material Weakness Yes ABGJLMN
771255 2022-004 Material Weakness Yes ABCFIM
771256 2022-004 Material Weakness Yes ABCFIM
771257 2022-004 Material Weakness Yes ABCFIM
771258 2022-004 Material Weakness Yes ABCFIM
771259 2022-004 Material Weakness Yes ABCFIM
771260 2022-004 Material Weakness Yes ABCFIM

Programs

ALN Program Spent Major Findings
20.509 Formula Grants for Rural Areas and Tribal Transit Program $302,696 Yes 1
11.307 Economic Adjustment Assistance $268,280 Yes 1
20.513 Enhanced Mobility of Seniors and Individuals with Disabilities $189,208 Yes 1
11.302 Economic Development_support for Planning Organizations $73,466 - 0
20.205 Highway Planning and Construction $43,371 - 0
20.703 Interagency Hazardous Materials Public Sector Training and Planning Grants $1,567 - 0

Contacts

Name Title Type
HJ9FE3DNN7T9 Myrtle Nelson Auditee
6414230409 Larry Pump Auditor
No contacts on file

Notes to SEFA

Title: Loan/loan guarantee outstanding balances Accounting Policies: Basis of Presentation The accompanying Schedule of Expenditures of Federal Awards (Schedule) includes the federal award activity of NIACOG under programs of the federal government for the year ended June 30, 2022. The information in this Schedule is presented in accordance with the requirements of Title 2, U.S. Code of Federal Regulations, Part 200, Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of NIACOG, it is not intended to and does not present the financial position, changes in financial position or cash flows of NIACOG.Summary of Significant Accounting Polices Expenditures reported in the Schedule are reported on the accrual or modified accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.Indirect Cost Rate NIACOG has elected not to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. ECONOMIC ADJUSTMENT ASSISTANCE (11.307) - Balances outstanding at the end of the audit period were 508000.

Finding Details

Finding 2022-004
2022-004 Segregation of Duties over Federal Revenues and Expenses ? The Agency did not properly segregate custody, recordkeeping and reconciling functions for revenues and expenses, including those related to federal programs. See 2022-001.
Finding 2022-004
2022-004 Segregation of Duties over Federal Revenues and Expenses ? The Agency did not properly segregate custody, recordkeeping and reconciling functions for revenues and expenses, including those related to federal programs. See 2022-001.
Finding 2022-004
2022-004 Segregation of Duties over Federal Revenues and Expenses ? The Agency did not properly segregate custody, recordkeeping and reconciling functions for revenues and expenses, including those related to federal programs. See 2022-001.
Finding 2022-004
2022-004 Segregation of Duties over Federal Revenues and Expenses ? The Agency did not properly segregate custody, recordkeeping and reconciling functions for revenues and expenses, including those related to federal programs. See 2022-001.
Finding 2022-004
2022-004 Segregation of Duties over Federal Revenues and Expenses ? The Agency did not properly segregate custody, recordkeeping and reconciling functions for revenues and expenses, including those related to federal programs. See 2022-001.
Finding 2022-004
2022-004 Segregation of Duties over Federal Revenues and Expenses ? The Agency did not properly segregate custody, recordkeeping and reconciling functions for revenues and expenses, including those related to federal programs. See 2022-001.
Finding 2022-004
2022-004 Segregation of Duties over Federal Revenues and Expenses ? The Agency did not properly segregate custody, recordkeeping and reconciling functions for revenues and expenses, including those related to federal programs. See 2022-001.
Finding 2022-004
2022-004 Segregation of Duties over Federal Revenues and Expenses ? The Agency did not properly segregate custody, recordkeeping and reconciling functions for revenues and expenses, including those related to federal programs. See 2022-001.
Finding 2022-004
2022-004 Segregation of Duties over Federal Revenues and Expenses ? The Agency did not properly segregate custody, recordkeeping and reconciling functions for revenues and expenses, including those related to federal programs. See 2022-001.
Finding 2022-004
2022-004 Segregation of Duties over Federal Revenues and Expenses ? The Agency did not properly segregate custody, recordkeeping and reconciling functions for revenues and expenses, including those related to federal programs. See 2022-001.
Finding 2022-004
2022-004 Segregation of Duties over Federal Revenues and Expenses ? The Agency did not properly segregate custody, recordkeeping and reconciling functions for revenues and expenses, including those related to federal programs. See 2022-001.
Finding 2022-004
2022-004 Segregation of Duties over Federal Revenues and Expenses ? The Agency did not properly segregate custody, recordkeeping and reconciling functions for revenues and expenses, including those related to federal programs. See 2022-001.
Finding 2022-004
2022-004 Segregation of Duties over Federal Revenues and Expenses ? The Agency did not properly segregate custody, recordkeeping and reconciling functions for revenues and expenses, including those related to federal programs. See 2022-001.
Finding 2022-004
2022-004 Segregation of Duties over Federal Revenues and Expenses ? The Agency did not properly segregate custody, recordkeeping and reconciling functions for revenues and expenses, including those related to federal programs. See 2022-001.