FAC Explorer

Audit 29271

FY End
2022-12-31
Total Expended
$38.51M
Findings
2
Programs
4
Organization: Perry County Memorial Hospital (IN)
Year: 2022 Accepted: 2023-06-08
Auditor: Forvis LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
33424 2022-001 Significant Deficiency - L
609866 2022-001 Significant Deficiency - L

Programs

ALN Program Spent Major Findings
10.766 Community Facilities Loans and Grants $36.03M Yes 1
93.498 Provider Relief Fund $2.18M Yes 0
93.697 Covid-19 Testing for Rural Health Clinics $300,000 - 0
93.461 Covid-19 Testing for the Uninsured $1,367 - 0

Contacts

Name Title Type
HRYQLZSUCF74 Shirley Sabelhaus Auditee
8125470133 Bill Leachman Auditor
No contacts on file

Notes to SEFA

Title: Loan/loan guarantee outstanding balances Accounting Policies: Expenditures reported on the Schedule are reported on the 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. Negative amounts shown on the Schedule, if any, represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. De Minimis Rate Used: N Rate Explanation: The Hospital has elected not to use the 10% de minimus indirect cost rate allowed under the Uniform Guidance. COMMUNITY FACILITIES LOANS AND GRANTS (10.766) - Balances outstanding at the end of the audit period were 35342000.
Title: Basis of Presentation Accounting Policies: Expenditures reported on the Schedule are reported on the 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. Negative amounts shown on the Schedule, if any, represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. De Minimis Rate Used: N Rate Explanation: The Hospital has elected not to use the 10% de minimus indirect cost rate allowed under the Uniform Guidance. The accompanying schedule of expenditures of federal awards (Schedule) includes the federal award activity of Perry County Memorial Hospital (Hospital), a component unit of Perry County, Indiana, under programs of the federal government for the year ended December 31, 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 the Hospital, it is not intended to and does not present thefinancial position, changes in net position, or cash flows of the Hospital.

Finding Details

Finding 2022-001
Community Facilities Loans and Grants Cluster; Federal Assistance Listing No. 10.766; U.S. Department of Agriculture Criteria or specific requirement ? Reporting Condition: The Hospital is required to submit annual audited financial statements to the U.S. Department of Agriculture 150 days subsequent to yearend. The audited financial statements as of and for the year ended December 31, 2021, were due to the U.S. Department of Agriculture by May 30, 2022, and were not submitted until November 2022. Questioned costs: None. Context: In testing the timely submission of the audited financial statements, the Hospital was unable to locate or provide support showing that the audited financial statements were submitted to the U.S. Department of Agriculture by the due date. Effect: Audited financial statements were not timely submitted. Cause ? The Hospital was unable to produce support for timely submitted audited financial statements. Identification as a repeat finding ? Not applicable Recommendation ? We recommend management develop a procedure to ensure that the audited financial statements are timely submitted to the U.S. Department of Agriculture. Views of responsible officials and planned corrective actions: Management agrees with the recommendation. The Hospital will create calendar appointments prior to required deadline for submission of the audited financial statements for the responsible personnel including the chief financial officer.
Finding 2022-001
Community Facilities Loans and Grants Cluster; Federal Assistance Listing No. 10.766; U.S. Department of Agriculture Criteria or specific requirement ? Reporting Condition: The Hospital is required to submit annual audited financial statements to the U.S. Department of Agriculture 150 days subsequent to yearend. The audited financial statements as of and for the year ended December 31, 2021, were due to the U.S. Department of Agriculture by May 30, 2022, and were not submitted until November 2022. Questioned costs: None. Context: In testing the timely submission of the audited financial statements, the Hospital was unable to locate or provide support showing that the audited financial statements were submitted to the U.S. Department of Agriculture by the due date. Effect: Audited financial statements were not timely submitted. Cause ? The Hospital was unable to produce support for timely submitted audited financial statements. Identification as a repeat finding ? Not applicable Recommendation ? We recommend management develop a procedure to ensure that the audited financial statements are timely submitted to the U.S. Department of Agriculture. Views of responsible officials and planned corrective actions: Management agrees with the recommendation. The Hospital will create calendar appointments prior to required deadline for submission of the audited financial statements for the responsible personnel including the chief financial officer.