FAC Explorer

Audit 294088

FY End
2022-06-30
Total Expended
$5.90M
Findings
8
Programs
4
Organization: Southern Workforce Board, Inc. (OK)
Year: 2022 Accepted: 2024-03-07
Auditor: Saunders & Associates PLLC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
374425 2022-001 Material Weakness - L
374426 2022-001 Material Weakness - L
374427 2022-001 Material Weakness - L
374428 2022-001 Material Weakness - L
950867 2022-001 Material Weakness - L
950868 2022-001 Material Weakness - L
950869 2022-001 Material Weakness - L
950870 2022-001 Material Weakness - L

Programs

ALN Program Spent Major Findings
17.258 Wia Adult Program $2.54M Yes 1
17.259 Wia Youth Activities $2.05M Yes 1
17.278 Wia Dislocated Worker Formula Grants $1.26M Yes 1
17.277 Workforce Investment Act (wia) National Emergency Grants $50,460 Yes 1

Contacts

Name Title Type
KUKFUZC8GPQ8 Gail Armstrong Auditee
5807455397 Gary B. Saunders Auditor
No contacts on file

Notes to SEFA

Title: BASIS OF PRESENTATION Accounting Policies: The accompanying schedule of expenditures of federal awards include the federal grant activity of Southern Workforce Board, Inc. (SWB) under programs of the federal government for the year ended June 30, 2022. The information in the schedule of expenditures of federal awards is presented on the accrual basis of accounting and 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 SWB it is not intended to and does not present the financial position, changes in net assets or cash flows. De Minimis Rate Used: N Rate Explanation: SWB has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance. The accompanying schedule of expenditures of federal awards include the federal grant activity of Southern Workforce Board, Inc. (SWB) under programs of the federal government for the year ended June 30, 2022. The information in the schedule of expenditures of federal awards is presented on the accrual basis of accounting and 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 SWB it is not intended to and does not present the financial position, changes in net assets or cash flows.
Title: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Accounting Policies: The accompanying schedule of expenditures of federal awards include the federal grant activity of Southern Workforce Board, Inc. (SWB) under programs of the federal government for the year ended June 30, 2022. The information in the schedule of expenditures of federal awards is presented on the accrual basis of accounting and 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 SWB it is not intended to and does not present the financial position, changes in net assets or cash flows. De Minimis Rate Used: N Rate Explanation: SWB has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance. Expenditures reported on the schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
Title: CONTINGENT LIABILITIES Accounting Policies: The accompanying schedule of expenditures of federal awards include the federal grant activity of Southern Workforce Board, Inc. (SWB) under programs of the federal government for the year ended June 30, 2022. The information in the schedule of expenditures of federal awards is presented on the accrual basis of accounting and 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 SWB it is not intended to and does not present the financial position, changes in net assets or cash flows. De Minimis Rate Used: N Rate Explanation: SWB has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance. SWB participates in a number of federally assisted programs. These programs are audited in accordance with Government Auditing Standards and the Uniform Guidance, if applicable, in accordance with the required levels of federal financial assistance. Audits of prior years have not resulted in any significant disallowed costs. Additionally, the grant programs are subject to audits by the granting authority, the purpose of which is to ensure compliance with conditions precedent to the granting of funds. Management believes that any liability for reimbursement which may arise as the result of audits of grant funds would not be material.
Title: RELATIONSHIP TO FEDERAL FINANCIAL REPORTS Accounting Policies: The accompanying schedule of expenditures of federal awards include the federal grant activity of Southern Workforce Board, Inc. (SWB) under programs of the federal government for the year ended June 30, 2022. The information in the schedule of expenditures of federal awards is presented on the accrual basis of accounting and 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 SWB it is not intended to and does not present the financial position, changes in net assets or cash flows. De Minimis Rate Used: N Rate Explanation: SWB has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance. Amounts reported in the accompanying schedule may differ with the amounts reported in the related federal financial reports filed with the grantor agencies due to accruals or adjustments posted to the books after the submission of the original reports.
Title: INDIRECT COSTS Accounting Policies: The accompanying schedule of expenditures of federal awards include the federal grant activity of Southern Workforce Board, Inc. (SWB) under programs of the federal government for the year ended June 30, 2022. The information in the schedule of expenditures of federal awards is presented on the accrual basis of accounting and 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 SWB it is not intended to and does not present the financial position, changes in net assets or cash flows. De Minimis Rate Used: N Rate Explanation: SWB has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance. SWB has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.

Finding Details

Finding 2022-001
2022-001 ALN: 17.258, 17.259, 17278 NON-COMPLIANCE WITH AUDITEE RESPONSIBILITIES RELATED TO REPORTING REQUIREMENTS UNDER UNIFORM GUIDANCE Criteria: Under the requirements of Uniform Guidance, it is the auditee’s responsibility to ensure the audit is properly performed and submitted when due. The audit shall be completed and the data collection form and reporting package submitted within the earlier of 30 days after receipt of the auditor’s report or nine months after the end of the audit period. Condition: The delay in finalization of the audit report was directly related to circumstances experienced by the audit firm. During this timeframe the audit firm lost two audit staff, one auditor with experience since 1986 retired and another left due to family matters. These personnel were key to the audit firm’s operations and thus far, the audit firm has been unsuccessful in replacing these staff members. Further, a co-owner of the audit firm had surgery and the recuperative time has taken longer than expected. The co-owner was recently hospitalized again for issues related to the surgery. The combination of these circumstances directly impacted the timing of the services provided by the audit firm. As a result, the audit submission did not meet the time constraints required by Uniform Guidance. Cause/Effect: SWB is out of compliance with the reporting deadline for the audit. Recommendation: SWB’s financial records were finalized, complete, closed, reconciled and available for audit in sufficient time to meet the audit submission requirements of Uniform Guidance. The late submission was due to no fault of SWB’s as they were prepared for the audit as they have been consistently over the years. Reply: See corrective action plan.
Finding 2022-001
2022-001 ALN: 17.258, 17.259, 17278 NON-COMPLIANCE WITH AUDITEE RESPONSIBILITIES RELATED TO REPORTING REQUIREMENTS UNDER UNIFORM GUIDANCE Criteria: Under the requirements of Uniform Guidance, it is the auditee’s responsibility to ensure the audit is properly performed and submitted when due. The audit shall be completed and the data collection form and reporting package submitted within the earlier of 30 days after receipt of the auditor’s report or nine months after the end of the audit period. Condition: The delay in finalization of the audit report was directly related to circumstances experienced by the audit firm. During this timeframe the audit firm lost two audit staff, one auditor with experience since 1986 retired and another left due to family matters. These personnel were key to the audit firm’s operations and thus far, the audit firm has been unsuccessful in replacing these staff members. Further, a co-owner of the audit firm had surgery and the recuperative time has taken longer than expected. The co-owner was recently hospitalized again for issues related to the surgery. The combination of these circumstances directly impacted the timing of the services provided by the audit firm. As a result, the audit submission did not meet the time constraints required by Uniform Guidance. Cause/Effect: SWB is out of compliance with the reporting deadline for the audit. Recommendation: SWB’s financial records were finalized, complete, closed, reconciled and available for audit in sufficient time to meet the audit submission requirements of Uniform Guidance. The late submission was due to no fault of SWB’s as they were prepared for the audit as they have been consistently over the years. Reply: See corrective action plan.
Finding 2022-001
2022-001 ALN: 17.258, 17.259, 17278 NON-COMPLIANCE WITH AUDITEE RESPONSIBILITIES RELATED TO REPORTING REQUIREMENTS UNDER UNIFORM GUIDANCE Criteria: Under the requirements of Uniform Guidance, it is the auditee’s responsibility to ensure the audit is properly performed and submitted when due. The audit shall be completed and the data collection form and reporting package submitted within the earlier of 30 days after receipt of the auditor’s report or nine months after the end of the audit period. Condition: The delay in finalization of the audit report was directly related to circumstances experienced by the audit firm. During this timeframe the audit firm lost two audit staff, one auditor with experience since 1986 retired and another left due to family matters. These personnel were key to the audit firm’s operations and thus far, the audit firm has been unsuccessful in replacing these staff members. Further, a co-owner of the audit firm had surgery and the recuperative time has taken longer than expected. The co-owner was recently hospitalized again for issues related to the surgery. The combination of these circumstances directly impacted the timing of the services provided by the audit firm. As a result, the audit submission did not meet the time constraints required by Uniform Guidance. Cause/Effect: SWB is out of compliance with the reporting deadline for the audit. Recommendation: SWB’s financial records were finalized, complete, closed, reconciled and available for audit in sufficient time to meet the audit submission requirements of Uniform Guidance. The late submission was due to no fault of SWB’s as they were prepared for the audit as they have been consistently over the years. Reply: See corrective action plan.
Finding 2022-001
2022-001 ALN: 17.258, 17.259, 17278 NON-COMPLIANCE WITH AUDITEE RESPONSIBILITIES RELATED TO REPORTING REQUIREMENTS UNDER UNIFORM GUIDANCE Criteria: Under the requirements of Uniform Guidance, it is the auditee’s responsibility to ensure the audit is properly performed and submitted when due. The audit shall be completed and the data collection form and reporting package submitted within the earlier of 30 days after receipt of the auditor’s report or nine months after the end of the audit period. Condition: The delay in finalization of the audit report was directly related to circumstances experienced by the audit firm. During this timeframe the audit firm lost two audit staff, one auditor with experience since 1986 retired and another left due to family matters. These personnel were key to the audit firm’s operations and thus far, the audit firm has been unsuccessful in replacing these staff members. Further, a co-owner of the audit firm had surgery and the recuperative time has taken longer than expected. The co-owner was recently hospitalized again for issues related to the surgery. The combination of these circumstances directly impacted the timing of the services provided by the audit firm. As a result, the audit submission did not meet the time constraints required by Uniform Guidance. Cause/Effect: SWB is out of compliance with the reporting deadline for the audit. Recommendation: SWB’s financial records were finalized, complete, closed, reconciled and available for audit in sufficient time to meet the audit submission requirements of Uniform Guidance. The late submission was due to no fault of SWB’s as they were prepared for the audit as they have been consistently over the years. Reply: See corrective action plan.
Finding 2022-001
2022-001 ALN: 17.258, 17.259, 17278 NON-COMPLIANCE WITH AUDITEE RESPONSIBILITIES RELATED TO REPORTING REQUIREMENTS UNDER UNIFORM GUIDANCE Criteria: Under the requirements of Uniform Guidance, it is the auditee’s responsibility to ensure the audit is properly performed and submitted when due. The audit shall be completed and the data collection form and reporting package submitted within the earlier of 30 days after receipt of the auditor’s report or nine months after the end of the audit period. Condition: The delay in finalization of the audit report was directly related to circumstances experienced by the audit firm. During this timeframe the audit firm lost two audit staff, one auditor with experience since 1986 retired and another left due to family matters. These personnel were key to the audit firm’s operations and thus far, the audit firm has been unsuccessful in replacing these staff members. Further, a co-owner of the audit firm had surgery and the recuperative time has taken longer than expected. The co-owner was recently hospitalized again for issues related to the surgery. The combination of these circumstances directly impacted the timing of the services provided by the audit firm. As a result, the audit submission did not meet the time constraints required by Uniform Guidance. Cause/Effect: SWB is out of compliance with the reporting deadline for the audit. Recommendation: SWB’s financial records were finalized, complete, closed, reconciled and available for audit in sufficient time to meet the audit submission requirements of Uniform Guidance. The late submission was due to no fault of SWB’s as they were prepared for the audit as they have been consistently over the years. Reply: See corrective action plan.
Finding 2022-001
2022-001 ALN: 17.258, 17.259, 17278 NON-COMPLIANCE WITH AUDITEE RESPONSIBILITIES RELATED TO REPORTING REQUIREMENTS UNDER UNIFORM GUIDANCE Criteria: Under the requirements of Uniform Guidance, it is the auditee’s responsibility to ensure the audit is properly performed and submitted when due. The audit shall be completed and the data collection form and reporting package submitted within the earlier of 30 days after receipt of the auditor’s report or nine months after the end of the audit period. Condition: The delay in finalization of the audit report was directly related to circumstances experienced by the audit firm. During this timeframe the audit firm lost two audit staff, one auditor with experience since 1986 retired and another left due to family matters. These personnel were key to the audit firm’s operations and thus far, the audit firm has been unsuccessful in replacing these staff members. Further, a co-owner of the audit firm had surgery and the recuperative time has taken longer than expected. The co-owner was recently hospitalized again for issues related to the surgery. The combination of these circumstances directly impacted the timing of the services provided by the audit firm. As a result, the audit submission did not meet the time constraints required by Uniform Guidance. Cause/Effect: SWB is out of compliance with the reporting deadline for the audit. Recommendation: SWB’s financial records were finalized, complete, closed, reconciled and available for audit in sufficient time to meet the audit submission requirements of Uniform Guidance. The late submission was due to no fault of SWB’s as they were prepared for the audit as they have been consistently over the years. Reply: See corrective action plan.
Finding 2022-001
2022-001 ALN: 17.258, 17.259, 17278 NON-COMPLIANCE WITH AUDITEE RESPONSIBILITIES RELATED TO REPORTING REQUIREMENTS UNDER UNIFORM GUIDANCE Criteria: Under the requirements of Uniform Guidance, it is the auditee’s responsibility to ensure the audit is properly performed and submitted when due. The audit shall be completed and the data collection form and reporting package submitted within the earlier of 30 days after receipt of the auditor’s report or nine months after the end of the audit period. Condition: The delay in finalization of the audit report was directly related to circumstances experienced by the audit firm. During this timeframe the audit firm lost two audit staff, one auditor with experience since 1986 retired and another left due to family matters. These personnel were key to the audit firm’s operations and thus far, the audit firm has been unsuccessful in replacing these staff members. Further, a co-owner of the audit firm had surgery and the recuperative time has taken longer than expected. The co-owner was recently hospitalized again for issues related to the surgery. The combination of these circumstances directly impacted the timing of the services provided by the audit firm. As a result, the audit submission did not meet the time constraints required by Uniform Guidance. Cause/Effect: SWB is out of compliance with the reporting deadline for the audit. Recommendation: SWB’s financial records were finalized, complete, closed, reconciled and available for audit in sufficient time to meet the audit submission requirements of Uniform Guidance. The late submission was due to no fault of SWB’s as they were prepared for the audit as they have been consistently over the years. Reply: See corrective action plan.
Finding 2022-001
2022-001 ALN: 17.258, 17.259, 17278 NON-COMPLIANCE WITH AUDITEE RESPONSIBILITIES RELATED TO REPORTING REQUIREMENTS UNDER UNIFORM GUIDANCE Criteria: Under the requirements of Uniform Guidance, it is the auditee’s responsibility to ensure the audit is properly performed and submitted when due. The audit shall be completed and the data collection form and reporting package submitted within the earlier of 30 days after receipt of the auditor’s report or nine months after the end of the audit period. Condition: The delay in finalization of the audit report was directly related to circumstances experienced by the audit firm. During this timeframe the audit firm lost two audit staff, one auditor with experience since 1986 retired and another left due to family matters. These personnel were key to the audit firm’s operations and thus far, the audit firm has been unsuccessful in replacing these staff members. Further, a co-owner of the audit firm had surgery and the recuperative time has taken longer than expected. The co-owner was recently hospitalized again for issues related to the surgery. The combination of these circumstances directly impacted the timing of the services provided by the audit firm. As a result, the audit submission did not meet the time constraints required by Uniform Guidance. Cause/Effect: SWB is out of compliance with the reporting deadline for the audit. Recommendation: SWB’s financial records were finalized, complete, closed, reconciled and available for audit in sufficient time to meet the audit submission requirements of Uniform Guidance. The late submission was due to no fault of SWB’s as they were prepared for the audit as they have been consistently over the years. Reply: See corrective action plan.