Finding 1097343 (2023-002)

Requirement

Questioned Costs

Year

2023

Accepted

2025-01-31

Audit: 340790

Organization: Southwest Intermediary Finance Team (OK)

Auditor: Jana A Walker CPA PLLC

AI Summary

Answer: The audit report was submitted late, exceeding the 9-month deadline.
Trend: Late submissions can lead to compliance issues and potential penalties.
List: Follow up on timely submission practices and ensure future reports meet deadlines.

Condition: Audit report filed with the Federal Audit Clearinghouse after allotted 9 months after year end period.

ALN	Program Name	Expenditures
10.382	Meat and Poultry Intermediary Lending Program	$8.70M
11.307	Economic Adjustment Assistance	$97,402
10.351	Rural Business Development Grant	$75,498