Finding 1181377 (2024-005)

Material Weakness Repeat Finding
Requirement
L
Questioned Costs
-
Year
2024
Accepted
2026-03-18
Audit: 392624
Auditor: WIPFLI LLP

AI Summary

  • Core Issue: The Hospital missed the federal deadline for completing its audit under Uniform Guidance for the year ending June 30, 2024.
  • Impacted Requirements: Audits must be submitted within 30 days of issuance or 9 months after the fiscal year-end.
  • Recommended Follow-Up: The Hospital should enhance internal financial reviews and reconciliations to ensure timely audit readiness.

Finding Text

2024-005 Program Name/CFDA Title: Community Facilities Loans and Grants Federal Assistance Listing Number: 10.766 Federal Agency: U.S. Department of Agriculture Type of Finding: Noncompliance, Significant Deficiency Compliance Requirement: Reporting Condition: The Hospital did not complete the audit required under Uniform Guidance for the year ended June 30, 2024, by the federal due date. Criteria: Uniform Guidance requires audits to be submitted the earlier of 30 days after audit issuance or 9 months after year end. Cause: Turnover and staffing constraints at the Hospital limited the Hospital's ability to be ready for the audit and meet reporting requirements. Effect: The audit was not completed prior to the federal due date. Questioned Costs: None reported Prior Year Finding: Yes Recommendation: The Hospital should perform greater reconciliaiton and review of internal financial information to ensure preparedness for the audit. Views of Responsible Official: Management agrees with the finding and has committed the resources giving rise to the finding.

Corrective Action Plan

2024-005 - Reporting Corrective Action Plan: Management agrees with the finding and has committed the resources giving rise to the finding. Person(s) Responsible: M. Michael Garza Timing for Implementation: June 30, 2026.

Categories

Reporting Significant Deficiency Matching / Level of Effort / Earmarking

Programs in Audit

ALN Program Name Expenditures
10.766 COMMUNITY FACILITIES LOANS AND GRANTS $4.67M