FAC Explorer

Finding 1168134 (2025-001)

Material Weakness Repeat Finding
Requirement
P
Questioned Costs
-
Year
2025
Accepted
2026-01-07
Audit: 379888
Organization: Boys and Girls Club of Jefferson City (MO)
Auditor: EVERS AND COMPANY CPA'S LLC

AI Summary

  • Core Issue: There are internal control deficiencies affecting financial reporting.
  • Impacted Requirements: The Organization needs expertise to prevent, detect, and correct misstatements, and to prepare financial statements in line with U.S. GAAP.
  • Recommended Follow-Up: The Board should implement procedures to address these deficiencies and ensure proper financial reporting capabilities.

Finding Text

Recommendation: We recommend that the Board of Directors be aware of the internal control deficiencies over financial reporting. And, if possible, implement procedures to ensure that the Organization has the expertise necessary to prevent, detect and correct misstatements and be capable of drafting the financial statements, related footnote disclosures and SEFA in accordance with the accounting principles generally accepted in the United States of America (U.S. GAAP).

Corrective Action Plan

Views of responsible officials and planned corrective actions: The Board believes it has personnel who possess suitable skill, knowledge, or experience to oversee services the auditor provides in assisting with financial statement presentation which requires a lower level of technical knowledge than the competence required to prepare the financial statements, related footnote disclosures and SEFA in accordance with accounting principles generally accepted in the United States of America (U.S. GAAP).

Categories

Reporting

Programs in Audit

ALN Program Name Expenditures
84.287 TWENTY-FIRST CENTURY COMMUNITY LEARNING CENTERS $378,979
10.558 CHILD AND ADULT CARE FOOD PROGRAM $223,077
93.558 TEMPORARY ASSISTANCE FOR NEEDY FAMILIES $123,569
84.425 EDUCATION STABILIZATION FUND $85,768
10.559 SUMMER FOOD SERVICE PROGRAM FOR CHILDREN $39,829