FAC Explorer

Audit 294828

FY End
2023-06-30
Total Expended
$3.97M
Findings
4
Programs
9
Organization: Seward County (NE)
Year: 2023 Accepted: 2024-03-13
Auditor: Gbe CPA

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
375773 2023-002 Material Weakness Yes A
375774 2023-002 Material Weakness Yes A
952215 2023-002 Material Weakness Yes A
952216 2023-002 Material Weakness Yes A

Programs

ALN Program Spent Major Findings
21.016 Equitable Sharing $2.78M Yes 1
21.027 Coronavirus State and Local Fiscal Recovery Funds $822,386 Yes 1
20.509 Formula Grants for Rural Areas and Tribal Transit Program $150,521 - 0
93.563 Child Support Enforcement $94,916 - 0
16.922 Equitable Sharing Program $58,454 - 0
97.042 Emergency Management Performance Grants $51,329 - 0
93.053 Nutrition Services Incentive Program $9,637 - 0
93.045 Special Programs for the Aging_title Iii, Part C_nutrition Services $5,697 - 0
15.226 Payments in Lieu of Taxes $2,962 - 0

Contacts

Name Title Type
HSJJJCVE3JX3 Sherry Schweitzer Auditee
4026432883 Ryan Burger Auditor
No contacts on file

Notes to SEFA

Title: NOTE A: BASIS OF PRESENTATION Accounting Policies: NOTE A: BASIS OF PRESENTATION and NOTE B: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES De Minimis Rate Used: Y Rate Explanation: N/A The accompanying schedule of expenditures of Federal awards (Schedule) includes the Federal award activity of Seward County (County) under programs of the Federal government for the year ended June 30, 2023. 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 Seward County, it is not intended to and does not present the financial position or changes in net assets of the County. The County’s reporting entity is defined in Note 1.A. to the County’s financial statements. Federal awards received directly from Federal agencies, as well as those passed through other government agencies, are included in the Schedule. Unless otherwise noted on the Schedule, all programs are received directly from the respective Federal agency. Seward County has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
Title: NOTE B: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Accounting Policies: NOTE A: BASIS OF PRESENTATION and NOTE B: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES De Minimis Rate Used: Y Rate Explanation: N/A Expenditures reported on the Schedule are reported on the cash 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 represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. Pass-through entity identifying numbers are presented where available.

Finding Details

Finding 2023-002
Finding 2023-2 Segregation of Duties Criteria: Good internal control over financial reporting requires entities have proper segregation of duties in the accounting function so that no one person can authorize a transaction, record the transaction in account, and be responsible for the custody of the asset resulting from the transaction. Condition: Though management demonstrates the capability of running a governmental organization, we noted a lack of segregation of duties as one person could handle all phases of a transaction from beginning to end. Effect: Without proper segregation of duties, there is an increased risk the financial statements may be materially misstated. Repeat Finding: Yes Recommendation: We recommend the County weigh the cost benefit of hiring personnel with accounting function capabilities in order to properly segregate duties. Response: The County’s Board will consider the costs benefit of hiring additional personnel. Additionally, the Board takes an active interest in the finances of the County and provides additional oversight.
Finding 2023-002
Finding 2023-2 Segregation of Duties Criteria: Good internal control over financial reporting requires entities have proper segregation of duties in the accounting function so that no one person can authorize a transaction, record the transaction in account, and be responsible for the custody of the asset resulting from the transaction. Condition: Though management demonstrates the capability of running a governmental organization, we noted a lack of segregation of duties as one person could handle all phases of a transaction from beginning to end. Effect: Without proper segregation of duties, there is an increased risk the financial statements may be materially misstated. Repeat Finding: Yes Recommendation: We recommend the County weigh the cost benefit of hiring personnel with accounting function capabilities in order to properly segregate duties. Response: The County’s Board will consider the costs benefit of hiring additional personnel. Additionally, the Board takes an active interest in the finances of the County and provides additional oversight.
Finding 2023-002
Finding 2023-2 Segregation of Duties Criteria: Good internal control over financial reporting requires entities have proper segregation of duties in the accounting function so that no one person can authorize a transaction, record the transaction in account, and be responsible for the custody of the asset resulting from the transaction. Condition: Though management demonstrates the capability of running a governmental organization, we noted a lack of segregation of duties as one person could handle all phases of a transaction from beginning to end. Effect: Without proper segregation of duties, there is an increased risk the financial statements may be materially misstated. Repeat Finding: Yes Recommendation: We recommend the County weigh the cost benefit of hiring personnel with accounting function capabilities in order to properly segregate duties. Response: The County’s Board will consider the costs benefit of hiring additional personnel. Additionally, the Board takes an active interest in the finances of the County and provides additional oversight.
Finding 2023-002
Finding 2023-2 Segregation of Duties Criteria: Good internal control over financial reporting requires entities have proper segregation of duties in the accounting function so that no one person can authorize a transaction, record the transaction in account, and be responsible for the custody of the asset resulting from the transaction. Condition: Though management demonstrates the capability of running a governmental organization, we noted a lack of segregation of duties as one person could handle all phases of a transaction from beginning to end. Effect: Without proper segregation of duties, there is an increased risk the financial statements may be materially misstated. Repeat Finding: Yes Recommendation: We recommend the County weigh the cost benefit of hiring personnel with accounting function capabilities in order to properly segregate duties. Response: The County’s Board will consider the costs benefit of hiring additional personnel. Additionally, the Board takes an active interest in the finances of the County and provides additional oversight.