FAC Explorer

Finding 1201208 (2025-001)

Material Weakness Repeat Finding
Requirement
P
Questioned Costs
-
Year
2025
Accepted
2026-03-30
Audit: 395865
Organization: The Community Partnership (MO)
Auditor: EVERS & COMPANY CPA'S LLC

AI Summary

  • Core Issue: The Community Partnership lacks the necessary skills to effectively manage financial reporting and prevent errors.
  • Impacted Requirements: They are not meeting standards for drafting financial statements and disclosures as per generally accepted accounting principles.
  • Recommended Follow-Up: Provide training or support to enhance their financial reporting capabilities and ensure compliance.

Finding Text

Cause of Condition: In the evaluation of the control environment of The Community Partnership, we considered the abilities of The Community Partnership, and though proficient in recording daily transactions, did not demonstrate abilities we considered necessary to prevent, detect and correct misstatements, or the ability to draft the financial statements, related footnote disclosures and the SEFA in accordance with generally accepted accounting principles.

Corrective Action Plan

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 Community Partnership has the expertise necessary to prevent, detect and correct misstatements and be capable of drafting the financial statements, related footnote disclosures and the SEFA in accordance with generally accepted accounting principles.

Categories

No categories assigned yet.

Other Findings in this Audit

  • 1201202 2025-001
    Material Weakness Repeat
  • 1201203 2025-002
    Material Weakness Repeat
  • 1201204 2025-001
    Material Weakness Repeat
  • 1201205 2025-002
    Material Weakness Repeat
  • 1201206 2025-001
    Material Weakness Repeat
  • 1201207 2025-002
    Material Weakness Repeat
  • 1201209 2025-002
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
10.182 PANDEMIC RELIEF ACTIVITIES: LOCAL FOOD PURCHASE AGREEMENTS WITH STATES, TRIBES, AND LOCAL GOVERNMENTS $339,273
93.674 JOHN H. CHAFEE FOSTER CARE PROGRAM FOR SUCCESSFUL TRANSITION TO ADULTHOOD $179,579
93.556 MARYLEE ALLEN PROMOTING SAFE AND STABLE FAMILIES PROGRAM $176,915
93.667 SOCIAL SERVICES BLOCK GRANT $129,075
93.558 TEMPORARY ASSISTANCE FOR NEEDY FAMILIES $100,000
93.092 AFFORDABLE CARE ACT (ACA) PERSONAL RESPONSIBILITY EDUCATION PROGRAM $30,191
93.596 CHILD CARE MANDATORY AND MATCHING FUNDS OF THE CHILD CARE AND DEVELOPMENT FUND $9,602