FAC Explorer

Audit 369715

FY End
2024-12-31
Total Expended
$12.17M
Findings
9
Programs
1
Organization: North Pacific Fishery Management Council (OR)
Year: 2024 Accepted: 2025-09-30
Auditor: McDonald Jacobs PC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
1157490 2024-001 Material Weakness Yes I
1157491 2024-002 Material Weakness Yes B
1157492 2024-003 Material Weakness Yes C
1157493 2024-001 Material Weakness Yes I
1157494 2024-002 Material Weakness Yes B
1157495 2024-003 Material Weakness Yes C
1157496 2024-001 Material Weakness Yes I
1157497 2024-002 Material Weakness Yes B
1157498 2024-003 Material Weakness Yes C

Programs

ALN Program Spent Major Findings
11.441 Regional Fishery Management Councils $17,942 Yes 3

Contacts

Name Title Type
JZLNDU914DK9 Nicole Schmidt Auditee
9072712818 Gerard Deblois Jr. Auditor
No contacts on file

Notes to SEFA

The accompanying schedule of expenditures of federal awards (the schedule) includes all federal grant activity of North Pacific Fishery Management Council under programs of the federal government for the two-year period ended December 31, 2024. The information in this schedule is presented in accordance with the requirements of the 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 North Pacific Fishery Management Council, it is not intended to and does not present the financial position, changes in net assets or cash flows of North Pacific Fishery Management Council. The Organization meets the criteria to be eligible for biennial audits under the Uniform Guidance section 200.504(b).
Expenditures reported on the schedule are reported on the cash basis of accounting. Such expenditures are recognized following cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
North Pacific Fishery Management Council has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.

Finding Details

Finding 2024-001
Finding # 2024-001 Type: Immaterial noncompliance Federal Agency: U.S. Department of Commerce, National Oceanic and Atmospheric Administration Assistance Listing: 11.441 Criteria/Requirement: The Organization’s procurement policies should incorporate the provisions of the procurement standards set out at 2 CFR sections 200.318 through 200.327. Cause: The Organization’s fiscal policies and procedures do not meet the required federal standards for procurement. Effect: Executed contracts using federal funds may be in violation of federal guidelines. Recommendation: The Organization's procurement policy must have documented procurement procedures, consistent with state, local, and tribal laws and regulations for the acquisition of property or services required under a federal award or subaward. The Organization should maintain records sufficient to detail the history of procurement. Management Response: Management will work on revising the Organization’s procurement policies to incorporate the necessary provisions.
Finding 2024-002
Finding # 2024-002 Type: Immaterial noncompliance Federal Agency: U.S. Department of Commerce, National Oceanic and Atmospheric Administration Assistance Listing: 11.441 Criteria/Requirement: Per Uniform Grant Guidance 200.430, charges to federal awards for salaries and wages must be based on actual work performed, supported by internal controls, and part of the official records of the organization. Using estimated amounts do not qualify as support for charges to federal awards. Cause: Payroll costs charged to grants are based on estimated allocations not actual hours. Effect: While charges appear allowable to federal programs tested, the potential exists for hours to be inaccurately recorded or charged to programs. Recommendation: All timesheets should include allocated hours by grant before certification by the employee and review by a supervisor. Management Response: Time sheet tracking will be modified to track hours by grant so that time and effort reporting will support amount charged to the grant.
Finding 2024-003
Finding # 2024-003 Type: Immaterial noncompliance Federal Agency: U.S. Department of Commerce, National Oceanic and Atmospheric Administration Assistance Listing: 11.441 Criteria/Requirement: In accordance with 2 CFR 200.305, organizations that receive more than $250,000 of federal funding per year should maintain those funds in an interest-bearing account. Interest earned in excess of $500 should be remitted back to the federal government. Cause: Funds are not maintained in an interest-bearing account. Effect: There are potential lost earnings and the Organization is not following federal guidelines. Recommendation: The Organization should change their primary operating account to an interest-bearing account. Management Response: Funds on hand will be moved to an interest-bearing account.