FAC Explorer

Finding 1077581 (2023-001)

Material Weakness
Requirement
P
Questioned Costs
-
Year
2023
Accepted
2024-09-30
Audit: 323394
Organization: West Community Economic Development Corporation (CO)
Auditor: Ryan Gunsuals & O'Donnell LLC

AI Summary

  • Answer: The SEFA is missing assistance listing numbers and incorrectly reported a grant amount.
  • Trend: This issue indicates a pattern of inaccuracies in financial reporting.
  • List: Ensure future SEFA submissions include all necessary details and verify grant amounts for accuracy.

Finding Text

The SEFA prepared did not include assistance listing numbers and one grant (Economic Adjustment Assistance) was reported with an amount that was cumulative for both 2022 and 2023 expenditures.

Categories

Reporting

Other Findings in this Audit

  • 501136 2023-001
    Material Weakness
  • 501137 2023-002
    Material Weakness
  • 501138 2023-001
    Material Weakness
  • 501139 2023-001
    Material Weakness
  • 501140 2023-001
    Material Weakness
  • 501141 2023-001
    Material Weakness
  • 1077578 2023-001
    Material Weakness
  • 1077579 2023-002
    Material Weakness
  • 1077580 2023-001
    Material Weakness
  • 1077582 2023-001
    Material Weakness
  • 1077583 2023-001
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
11.307 Economic Adjustment Assistance $777,289
14.218 Community Development Block Grants/entitlement Grants $327,873
21.027 Coronavirus State and Local Fiscal Recovery Funds $187,323
16.753 Congressionally Recommended Awards $57,326
16.817 Byrne Criminal Justice Innovation Program $17,134