FAC Explorer

Finding 1146980 (2022-001)

Significant Deficiency Repeat Finding
Requirement
P
Questioned Costs
-
Year
2022
Accepted
2025-07-07
Audit: 361539
Organization: City of Dillon (SC)
Auditor: Kenneth Cobb & Company PC

AI Summary

  • Issue: The City is not preparing its own annual financial statements or note disclosures.
  • Trend: Staff relies on the auditor for preparation, which may lead to inconsistencies or delays.
  • Recommendation: Implement a process for the City to prepare its own financial statements and disclosures to ensure accuracy and compliance.

Finding Text

The City does not prepare ts annual financial statements or note disclosures. The City's staff, work with the auditor in the preparation and subsequently reviews and approves the financial statements and note disclosures before issuance.

Categories

No categories assigned yet.

Other Findings in this Audit

  • 570535 2022-001
    Significant Deficiency Repeat
  • 570536 2022-001
    Significant Deficiency Repeat
  • 570537 2022-001
    Significant Deficiency Repeat
  • 570538 2022-001
    Significant Deficiency Repeat
  • 570539 2022-001
    Significant Deficiency Repeat
  • 570540 2022-001
    Significant Deficiency Repeat
  • 570541 2022-002
    Significant Deficiency Repeat
  • 570542 2022-002
    Significant Deficiency Repeat
  • 570543 2022-002
    Significant Deficiency Repeat
  • 570544 2022-002
    Significant Deficiency Repeat
  • 570545 2022-002
    Significant Deficiency Repeat
  • 570546 2022-002
    Significant Deficiency Repeat
  • 1146977 2022-001
    Significant Deficiency Repeat
  • 1146978 2022-001
    Significant Deficiency Repeat
  • 1146979 2022-001
    Significant Deficiency Repeat
  • 1146981 2022-001
    Significant Deficiency Repeat
  • 1146982 2022-001
    Significant Deficiency Repeat
  • 1146983 2022-002
    Significant Deficiency Repeat
  • 1146984 2022-002
    Significant Deficiency Repeat
  • 1146985 2022-002
    Significant Deficiency Repeat
  • 1146986 2022-002
    Significant Deficiency Repeat
  • 1146987 2022-002
    Significant Deficiency Repeat
  • 1146988 2022-002
    Significant Deficiency Repeat

Programs in Audit

ALN Program Name Expenditures
21.027 Coronavirus State and Local Fiscal Recovery Funds $387,948
66.458 Clean Water State Revolving Fund $170,924
14.228 Community Development Block Grants/state's Program and Non-Entitlement Grants in Hawaii $148,255
10.766 Community Facilities Loans and Grants $60,400
16.738 Edward Byrne Memorial Justice Assistance Grant Program $1,596