Audit 28604

Finding No. 2022-001: Questioned Costs: N/A. Information on Universe and Population Size: N/A Sample Size Information: N/A Noncompliance Information: No instances of noncompliance identified.Statement of Condition: A significant audit adjustment related to accounts receivable and operating expense was needed in order to present the consolidated financial statements in accordance with generally accepted accounting principles. Criteria: Management is responsible for maintaining its accounting records in accordance with generally accepted accounting principles. Cause: Inadequate controls over financial closing procedures. Effect or Potential Affect: As a result of the condition, the Organization?s accounting records were initially misstated by amounts significant to the consolidated financial statements. Recommendations: We recommend that control systems are put in place to ensure there is proper training and review over monthly and annual financial closing procedures to eliminate errors in the future. Reporting Views of Responsible Officials and Planned Corrective Action: While policies and procedures were fundamentally sound, deficiencies existed in the oversight and review of significant transactions over accounts receivable and operating expenses during financial closing procedures. Therefore, the following action will be implemented by December 31, 2023: ? Conduct internal training over monthly and annual financial closing procedures.

Finding No. 2022-001: Questioned Costs: N/A. Information on Universe and Population Size: N/A Sample Size Information: N/A Noncompliance Information: No instances of noncompliance identified.Statement of Condition: A significant audit adjustment related to accounts receivable and operating expense was needed in order to present the consolidated financial statements in accordance with generally accepted accounting principles. Criteria: Management is responsible for maintaining its accounting records in accordance with generally accepted accounting principles. Cause: Inadequate controls over financial closing procedures. Effect or Potential Affect: As a result of the condition, the Organization?s accounting records were initially misstated by amounts significant to the consolidated financial statements. Recommendations: We recommend that control systems are put in place to ensure there is proper training and review over monthly and annual financial closing procedures to eliminate errors in the future. Reporting Views of Responsible Officials and Planned Corrective Action: While policies and procedures were fundamentally sound, deficiencies existed in the oversight and review of significant transactions over accounts receivable and operating expenses during financial closing procedures. Therefore, the following action will be implemented by December 31, 2023: ? Conduct internal training over monthly and annual financial closing procedures.

Finding No. 2022-001: Questioned Costs: N/A. Information on Universe and Population Size: N/A Sample Size Information: N/A Noncompliance Information: No instances of noncompliance identified.Statement of Condition: A significant audit adjustment related to accounts receivable and operating expense was needed in order to present the consolidated financial statements in accordance with generally accepted accounting principles. Criteria: Management is responsible for maintaining its accounting records in accordance with generally accepted accounting principles. Cause: Inadequate controls over financial closing procedures. Effect or Potential Affect: As a result of the condition, the Organization?s accounting records were initially misstated by amounts significant to the consolidated financial statements. Recommendations: We recommend that control systems are put in place to ensure there is proper training and review over monthly and annual financial closing procedures to eliminate errors in the future. Reporting Views of Responsible Officials and Planned Corrective Action: While policies and procedures were fundamentally sound, deficiencies existed in the oversight and review of significant transactions over accounts receivable and operating expenses during financial closing procedures. Therefore, the following action will be implemented by December 31, 2023: ? Conduct internal training over monthly and annual financial closing procedures.

Finding No. 2022-001: Questioned Costs: N/A. Information on Universe and Population Size: N/A Sample Size Information: N/A Noncompliance Information: No instances of noncompliance identified.Statement of Condition: A significant audit adjustment related to accounts receivable and operating expense was needed in order to present the consolidated financial statements in accordance with generally accepted accounting principles. Criteria: Management is responsible for maintaining its accounting records in accordance with generally accepted accounting principles. Cause: Inadequate controls over financial closing procedures. Effect or Potential Affect: As a result of the condition, the Organization?s accounting records were initially misstated by amounts significant to the consolidated financial statements. Recommendations: We recommend that control systems are put in place to ensure there is proper training and review over monthly and annual financial closing procedures to eliminate errors in the future. Reporting Views of Responsible Officials and Planned Corrective Action: While policies and procedures were fundamentally sound, deficiencies existed in the oversight and review of significant transactions over accounts receivable and operating expenses during financial closing procedures. Therefore, the following action will be implemented by December 31, 2023: ? Conduct internal training over monthly and annual financial closing procedures.

Finding No. 2022-001: Questioned Costs: N/A. Information on Universe and Population Size: N/A Sample Size Information: N/A Noncompliance Information: No instances of noncompliance identified.Statement of Condition: A significant audit adjustment related to accounts receivable and operating expense was needed in order to present the consolidated financial statements in accordance with generally accepted accounting principles. Criteria: Management is responsible for maintaining its accounting records in accordance with generally accepted accounting principles. Cause: Inadequate controls over financial closing procedures. Effect or Potential Affect: As a result of the condition, the Organization?s accounting records were initially misstated by amounts significant to the consolidated financial statements. Recommendations: We recommend that control systems are put in place to ensure there is proper training and review over monthly and annual financial closing procedures to eliminate errors in the future. Reporting Views of Responsible Officials and Planned Corrective Action: While policies and procedures were fundamentally sound, deficiencies existed in the oversight and review of significant transactions over accounts receivable and operating expenses during financial closing procedures. Therefore, the following action will be implemented by December 31, 2023: ? Conduct internal training over monthly and annual financial closing procedures.

Finding No. 2022-001: Questioned Costs: N/A. Information on Universe and Population Size: N/A Sample Size Information: N/A Noncompliance Information: No instances of noncompliance identified.Statement of Condition: A significant audit adjustment related to accounts receivable and operating expense was needed in order to present the consolidated financial statements in accordance with generally accepted accounting principles. Criteria: Management is responsible for maintaining its accounting records in accordance with generally accepted accounting principles. Cause: Inadequate controls over financial closing procedures. Effect or Potential Affect: As a result of the condition, the Organization?s accounting records were initially misstated by amounts significant to the consolidated financial statements. Recommendations: We recommend that control systems are put in place to ensure there is proper training and review over monthly and annual financial closing procedures to eliminate errors in the future. Reporting Views of Responsible Officials and Planned Corrective Action: While policies and procedures were fundamentally sound, deficiencies existed in the oversight and review of significant transactions over accounts receivable and operating expenses during financial closing procedures. Therefore, the following action will be implemented by December 31, 2023: ? Conduct internal training over monthly and annual financial closing procedures.