FAC Explorer

Audit 316141

FY End
2023-06-30
Total Expended
$1.08M
Findings
4
Programs
2
Organization: Town of Westernport (MD)
Year: 2023 Accepted: 2024-07-29
Auditor: R Joanne Sheffield CPA

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
479596 2023-001 Significant Deficiency Yes A
479597 2023-001 Significant Deficiency Yes A
1056038 2023-001 Significant Deficiency Yes A
1056039 2023-001 Significant Deficiency Yes A

Programs

ALN Program Spent Major Findings
10.780 US Department of Agriculture $595,000 Yes 1
21.027 Department of the Treasury $489,555 Yes 1

Contacts

Name Title Type
X2DYP9THV9H4 Laura Freeman Legge Auditee
3013593932 R. Joanne Sheffield, CPA Auditor
No contacts on file

Notes to SEFA

Title: NOTE A BASIS OF PRESENTATION Accounting Policies: ACCRUAL BASIS OF ACCOUNTING De Minimis Rate Used: N Rate Explanation: TOWN DID NOT ELECT TO USE THE 10 PERCENT DE MINIMIS THE BASIS OF ACCOUNTING FOR THE SEFA
Title: NOTE B SUMMARY OF SIGNIFICANT ACCOUNTING PRINCIPLES Accounting Policies: ACCRUAL BASIS OF ACCOUNTING De Minimis Rate Used: N Rate Explanation: TOWN DID NOT ELECT TO USE THE 10 PERCENT DE MINIMIS BASIS OF ACCOUNTING IS ACCRUAL
Title: NOTE C INDIRECT COST RATE Accounting Policies: ACCRUAL BASIS OF ACCOUNTING De Minimis Rate Used: N Rate Explanation: TOWN DID NOT ELECT TO USE THE 10 PERCENT DE MINIMIS TOWN DID NOT ELECT TO USE THE 10 PERCENT DE MINIMUS
Title: NOTE D FEDERAL LOANS Accounting Policies: ACCRUAL BASIS OF ACCOUNTING De Minimis Rate Used: N Rate Explanation: TOWN DID NOT ELECT TO USE THE 10 PERCENT DE MINIMIS USDA FEDERAL LOAN IN AMOUNT OF 595,000 BALANCE AT JUNE 30, 2023 IS 489,939

Finding Details

Finding 2023-001
SEGREGATION OF DUTIES
Finding 2023-001
SEGREGATION OF DUTIES
Finding 2023-001
SEGREGATION OF DUTIES
Finding 2023-001
SEGREGATION OF DUTIES