Finding 1172973 (2025-002)

Material Weakness Repeat Finding

Requirement

Questioned Costs

Year

2025

Accepted

2026-02-10

Audit: 386417

Organization: Des Moines Area Metropolitan Planning Organization (IA)

Auditor: DENMAN CPA LLP

AI Summary

Core Issue: There are internal control deficiencies related to financial reporting.
Impacted Requirements: This finding is linked to prior year issues, specifically finding number 2024-002.
Recommended Follow-Up: Review details on page 43 for further insights and necessary actions.

Finding Text

INTERNAL CONTROL DEFICIENCIES 2025-002 FINANCIAL REPORTING Prior Year Finding Number 2024-002 Assistance Listing Number 20.933 – National Infrastructure Investments See page 43, Finding 2025-001 for details regarding this finding. INSTANCES OF NONCOMPLIANCE No matters were noted.

Corrective Action Plan

Management acknowledges the finding related to year-end receivables and payables. The adjustment noted is related to a limited number of invoices received after fiscal year-end for services performed prior to June 30. Management will continue to refine year-end closing procedures and coordinate with its accounting consultant and independent auditors to ensure receivables and payables are identified and recorded in the appropriate fiscal period.

Other Findings in this Audit

1172972 2025-001

Material Weakness Repeat

Programs in Audit

ALN	Program Name	Expenditures
20.933	NATIONAL INFRASTRUCTURE INVESTMENTS	$8.17M
20.205	HIGHWAY PLANNING AND CONSTRUCTION	$891,109
20.939	SAFE STREETS AND ROADS FOR ALL	$546,271
20.505	METROPOLITAN TRANSPORTATION PLANNING AND STATE AND NON-METROPOLITAN PLANNING AND RESEARCH	$203,360