FAC Explorer

Audit 52245

FY End
2022-06-30
Total Expended
$1.59M
Findings
2
Programs
7
Organization: River Partners (CA)
Year: 2022 Accepted: 2023-06-29
Auditor: Aldrich CPAS + Advisors

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
45668 2022-001 Significant Deficiency - B
622110 2022-001 Significant Deficiency - B

Programs

ALN Program Spent Major Findings
11.463 Habitat Conservation $954,932 Yes 1
15.555 San Joaquin River Restoration Program $271,006 - 0
15.654 Visitor Facility Enhancements - Refuges and Wildlife $247,141 - 0
15.512 Central Valley Project Improvement Act, Title Xxxiv $65,350 - 0
15.648 Central Valley Project Improvement (cvpi) Anadromous Fish Restoration Program (afrp) $31,028 - 0
10.684 International Forestry Programs $15,198 - 0
15.517 Fish and Wildlife Coordination Act $9,035 - 0

Contacts

Name Title Type
N193Z8C6CWF6 Aron Stern Auditee
7605334254 Bobby Lacour Auditor
No contacts on file

Notes to SEFA

Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of River Partners and Subsidiary and is presented on the accrual basis of accounting. 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 River Partners and Subsidiary, it is not intended to and does not present the financial position, changes in net assets, or cash flows of River Partners and Subsidiary. De Minimis Rate Used: N Rate Explanation: River Partners and Subsidiary did not elect to use the 10% de minimis cost rate as covered in the Uniform Guidance 2.CFR.200.414 Indirect costs

Finding Details

Finding 2022-001
2022-001 Payroll Documentation Retention Criteria: Management is responsible for establishing a system that includes the retention of documentation to evidence proper approval and provide accurate reporting of payroll transactions. Condition: There is no formal process for documentation retention. Context: During our audit, we identified two employee timesheets the Organization was unable to provide documentation. Cause: Inadequate policies and procedures over the retention of documentary evidence of transactions, review, and approval. Effect: Failure to adequately establish and maintain effective internal controls over the documentation of payroll disbursements may result in misstatements to the financial statements and/or unauthorized disbursements not being identified in a timely manner. Questioned Costs: None noted. Repeat Finding: No. Recommendation: We recommend that the Organization develop policies and procedures to ensure retention of documentary evidence of approved timesheets to ensure accuracy of reporting. Views of Responsible Officials: Management agrees with the finding and a response is included in the corrective action plan.
Finding 2022-001
2022-001 Payroll Documentation Retention Criteria: Management is responsible for establishing a system that includes the retention of documentation to evidence proper approval and provide accurate reporting of payroll transactions. Condition: There is no formal process for documentation retention. Context: During our audit, we identified two employee timesheets the Organization was unable to provide documentation. Cause: Inadequate policies and procedures over the retention of documentary evidence of transactions, review, and approval. Effect: Failure to adequately establish and maintain effective internal controls over the documentation of payroll disbursements may result in misstatements to the financial statements and/or unauthorized disbursements not being identified in a timely manner. Questioned Costs: None noted. Repeat Finding: No. Recommendation: We recommend that the Organization develop policies and procedures to ensure retention of documentary evidence of approved timesheets to ensure accuracy of reporting. Views of Responsible Officials: Management agrees with the finding and a response is included in the corrective action plan.