FAC Explorer

Audit 317357

FY End
2023-06-30
Total Expended
$5.34M
Findings
12
Programs
4
Organization: Menominee Tribal Enterprise (WI)
Year: 2023 Accepted: 2024-08-16
Auditor: Kerberrose Sc

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
481284 2023-004 Significant Deficiency - L
481285 2023-004 Significant Deficiency - L
481286 2023-004 Significant Deficiency - L
481287 2023-004 Significant Deficiency - L
481288 2023-004 Significant Deficiency - L
481289 2023-004 Significant Deficiency - L
1057726 2023-004 Significant Deficiency - L
1057727 2023-004 Significant Deficiency - L
1057728 2023-004 Significant Deficiency - L
1057729 2023-004 Significant Deficiency - L
1057730 2023-004 Significant Deficiency - L
1057731 2023-004 Significant Deficiency - L

Programs

ALN Program Spent Major Findings
15.035 Forestry on Indian Lands $1.83M Yes 1
21.027 Coronavirus State and Local Fiscal Recovery Funds $1.09M Yes 1
15.228 Blm Fuels Management and Community Fire Assistance Program Activities $320,513 - 1
15.024 Indian Self-Determination Contract Support $16,725 - 1

Contacts

Name Title Type
JJR4K3AXV6U5 Laurie Reiter Auditee
7157562311 Karen Kerber Auditor
No contacts on file

Notes to SEFA

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. De Minimis Rate Used: N Rate Explanation: N/A The accompanying schedule of expenditures of federal awards includes the federal grant activity of the Menominee Tribal Enterprises (Enterprise) 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 Menominee Tribal Enterprises, it is not intended to, and does not present the financial position, changes in financial position, or cash flows of the Enterprise.
Title: Summary of Significant Accounting Policies 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. De Minimis Rate Used: N Rate Explanation: N/A 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.
Title: Indirect Cost 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. De Minimis Rate Used: N Rate Explanation: N/A The Enterprise has not elected to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance.
Title: Subrecipients 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. De Minimis Rate Used: N Rate Explanation: N/A The Enterprise did not provide any federal awards to subrecipients.

Finding Details

Finding 2023-004
Single Audit Reporting Criteria: The federal single audit is required to be submitted no later than nine months after the year-end. Condition: For the year ended June 30, 2023, the Enterprise did not meet this requirement. Cause: There were financial reporting challenges during the year which did not allow for accumulation of the required information to complete the audit timely. Effect: The Enterprise could be at risk for loss of funding if the single audit requirements are not met. Recommendation: We recommend that the Enterprise accumulate the required information during the year and perform reconciliations in a timely manner to facilitate timely reporting. Management’s Response: The Enterprise is working on improving its processes in order to met the reporting requirements.
Finding 2023-004
Single Audit Reporting Criteria: The federal single audit is required to be submitted no later than nine months after the year-end. Condition: For the year ended June 30, 2023, the Enterprise did not meet this requirement. Cause: There were financial reporting challenges during the year which did not allow for accumulation of the required information to complete the audit timely. Effect: The Enterprise could be at risk for loss of funding if the single audit requirements are not met. Recommendation: We recommend that the Enterprise accumulate the required information during the year and perform reconciliations in a timely manner to facilitate timely reporting. Management’s Response: The Enterprise is working on improving its processes in order to met the reporting requirements.
Finding 2023-004
Single Audit Reporting Criteria: The federal single audit is required to be submitted no later than nine months after the year-end. Condition: For the year ended June 30, 2023, the Enterprise did not meet this requirement. Cause: There were financial reporting challenges during the year which did not allow for accumulation of the required information to complete the audit timely. Effect: The Enterprise could be at risk for loss of funding if the single audit requirements are not met. Recommendation: We recommend that the Enterprise accumulate the required information during the year and perform reconciliations in a timely manner to facilitate timely reporting. Management’s Response: The Enterprise is working on improving its processes in order to met the reporting requirements.
Finding 2023-004
Single Audit Reporting Criteria: The federal single audit is required to be submitted no later than nine months after the year-end. Condition: For the year ended June 30, 2023, the Enterprise did not meet this requirement. Cause: There were financial reporting challenges during the year which did not allow for accumulation of the required information to complete the audit timely. Effect: The Enterprise could be at risk for loss of funding if the single audit requirements are not met. Recommendation: We recommend that the Enterprise accumulate the required information during the year and perform reconciliations in a timely manner to facilitate timely reporting. Management’s Response: The Enterprise is working on improving its processes in order to met the reporting requirements.
Finding 2023-004
Single Audit Reporting Criteria: The federal single audit is required to be submitted no later than nine months after the year-end. Condition: For the year ended June 30, 2023, the Enterprise did not meet this requirement. Cause: There were financial reporting challenges during the year which did not allow for accumulation of the required information to complete the audit timely. Effect: The Enterprise could be at risk for loss of funding if the single audit requirements are not met. Recommendation: We recommend that the Enterprise accumulate the required information during the year and perform reconciliations in a timely manner to facilitate timely reporting. Management’s Response: The Enterprise is working on improving its processes in order to met the reporting requirements.
Finding 2023-004
Single Audit Reporting Criteria: The federal single audit is required to be submitted no later than nine months after the year-end. Condition: For the year ended June 30, 2023, the Enterprise did not meet this requirement. Cause: There were financial reporting challenges during the year which did not allow for accumulation of the required information to complete the audit timely. Effect: The Enterprise could be at risk for loss of funding if the single audit requirements are not met. Recommendation: We recommend that the Enterprise accumulate the required information during the year and perform reconciliations in a timely manner to facilitate timely reporting. Management’s Response: The Enterprise is working on improving its processes in order to met the reporting requirements.
Finding 2023-004
Single Audit Reporting Criteria: The federal single audit is required to be submitted no later than nine months after the year-end. Condition: For the year ended June 30, 2023, the Enterprise did not meet this requirement. Cause: There were financial reporting challenges during the year which did not allow for accumulation of the required information to complete the audit timely. Effect: The Enterprise could be at risk for loss of funding if the single audit requirements are not met. Recommendation: We recommend that the Enterprise accumulate the required information during the year and perform reconciliations in a timely manner to facilitate timely reporting. Management’s Response: The Enterprise is working on improving its processes in order to met the reporting requirements.
Finding 2023-004
Single Audit Reporting Criteria: The federal single audit is required to be submitted no later than nine months after the year-end. Condition: For the year ended June 30, 2023, the Enterprise did not meet this requirement. Cause: There were financial reporting challenges during the year which did not allow for accumulation of the required information to complete the audit timely. Effect: The Enterprise could be at risk for loss of funding if the single audit requirements are not met. Recommendation: We recommend that the Enterprise accumulate the required information during the year and perform reconciliations in a timely manner to facilitate timely reporting. Management’s Response: The Enterprise is working on improving its processes in order to met the reporting requirements.
Finding 2023-004
Single Audit Reporting Criteria: The federal single audit is required to be submitted no later than nine months after the year-end. Condition: For the year ended June 30, 2023, the Enterprise did not meet this requirement. Cause: There were financial reporting challenges during the year which did not allow for accumulation of the required information to complete the audit timely. Effect: The Enterprise could be at risk for loss of funding if the single audit requirements are not met. Recommendation: We recommend that the Enterprise accumulate the required information during the year and perform reconciliations in a timely manner to facilitate timely reporting. Management’s Response: The Enterprise is working on improving its processes in order to met the reporting requirements.
Finding 2023-004
Single Audit Reporting Criteria: The federal single audit is required to be submitted no later than nine months after the year-end. Condition: For the year ended June 30, 2023, the Enterprise did not meet this requirement. Cause: There were financial reporting challenges during the year which did not allow for accumulation of the required information to complete the audit timely. Effect: The Enterprise could be at risk for loss of funding if the single audit requirements are not met. Recommendation: We recommend that the Enterprise accumulate the required information during the year and perform reconciliations in a timely manner to facilitate timely reporting. Management’s Response: The Enterprise is working on improving its processes in order to met the reporting requirements.
Finding 2023-004
Single Audit Reporting Criteria: The federal single audit is required to be submitted no later than nine months after the year-end. Condition: For the year ended June 30, 2023, the Enterprise did not meet this requirement. Cause: There were financial reporting challenges during the year which did not allow for accumulation of the required information to complete the audit timely. Effect: The Enterprise could be at risk for loss of funding if the single audit requirements are not met. Recommendation: We recommend that the Enterprise accumulate the required information during the year and perform reconciliations in a timely manner to facilitate timely reporting. Management’s Response: The Enterprise is working on improving its processes in order to met the reporting requirements.
Finding 2023-004
Single Audit Reporting Criteria: The federal single audit is required to be submitted no later than nine months after the year-end. Condition: For the year ended June 30, 2023, the Enterprise did not meet this requirement. Cause: There were financial reporting challenges during the year which did not allow for accumulation of the required information to complete the audit timely. Effect: The Enterprise could be at risk for loss of funding if the single audit requirements are not met. Recommendation: We recommend that the Enterprise accumulate the required information during the year and perform reconciliations in a timely manner to facilitate timely reporting. Management’s Response: The Enterprise is working on improving its processes in order to met the reporting requirements.