FAC Explorer

Finding 1213931 (2024-001)

Material Weakness Repeat Finding
Requirement
L
Questioned Costs
-
Year
2024
Accepted
2026-05-06
Audit: 400771
Organization: Chugach Regional Resource Commission (AK)
Auditor: HUTCHINGS & ASSOCIATES CPAS

AI Summary

  • Core Issue: The Commission failed to engage a qualified audit firm on time, missing the deadline for submitting the audit package.
  • Impacted Requirements: This non-compliance violates 2 CFR 200.512(a), which mandates timely audit submissions.
  • Recommended Follow-Up: The Commission should improve controls, ensure timely adjustments to accounting records, and schedule annual audits to meet federal guidelines.

Finding Text

Criteria: Pursuant Uniform Guidance 2 CFR 200.512(a), the audit package and data collection form shall be submitted 30 days after receipt of the auditors' report, or nine months after the end of the fiscal year - whichever comes first. Condition: The Commission did not engage a qualified audit firm within the required timeline to complete and submit the audit in a timely manner. Questioned costs: None noted. Context: The audit firm was engaged to perform an audit in accordance with 2 CFR 200.512(a) more than nine months after the audit period. Effect: The Commission is not in compliance with 2 CFR 200.512(a). Cause: The Commission did not have controls in place to identify the requirements of the federal single audit threshold. Repeat finding: This is a repeat finding 2023-001. Recommendation: The Commission needs to adjust the accounting records timely, arrange for an annual audit and submit the reporting package within the guidelines as outlined the Uniform Guidance regulations.

Corrective Action Plan

Name of Contact Person: Willow Hetrick-Price Corrective Action Planned: Due to turnover of the Commission's accounting staff, the Commission was unable to have the annual audit completed within the required timeframe, and subsequently was also late in submission of the FAC report. The Commission has hired internal staff to help with the audit preparation and contracted with an accounting firm that has provided the Commission a CPA to conduct audit preparation and other financial services as requested. The Commission will work on getting financial information in a timely fashion and submit the reporting package in accordance with the guidelines. Anticipated completion date: September 30, 2026.

Categories

Reporting

Other Findings in this Audit

  • 1213926 2024-001
    Material Weakness Repeat
  • 1213927 2024-001
    Material Weakness Repeat
  • 1213928 2024-001
    Material Weakness Repeat
  • 1213929 2024-001
    Material Weakness Repeat
  • 1213930 2024-001
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
93.581 IMPROVING THE CAPABILITY OF INDIAN TRIBAL GOVERNMENTS TO REGULATE ENVIRONMENTAL QUALITY $241,576
66.926 INDIAN ENVIRONMENTAL GENERAL ASSISTANCE PROGRAM (GAP) $127,265
15.036 INDIAN RIGHTS PROTECTION $120,898
66.461 REGIONAL WETLAND PROGRAM DEVELOPMENT GRANTS $94,428
15.663 NFWF-USFWS CONSERVATION PARTNERSHIP $82,258
66.046 CLIMATE POLLUTION REDUCTION GRANTS $51,681
15.639 TRIBAL WILDLIFE GRANTS $49,244
15.156 TRIBAL CLIMATE RESILIENCE $36,159
15.554 COOPERATIVE WATERSHED MANAGEMENT $33,685
15.034 AGRICULTURE ON INDIAN LANDS $31,745
15.820 NATIONAL AND REGIONAL CLIMATE ADAPTATION SCIENCE CENTERS $21,111
11.431 CLIMATE AND ATMOSPHERIC RESEARCH $19,102
15.643 ALASKA MIGRATORY BIRD CO-MANAGEMENT COUNCIL $13,430
10.179 MICRO-GRANTS FOR FOOD SECURITY PROGRAM $8,507
15.939 HERITAGE PARTNERSHIP $2,536
11.012 INTEGRATED OCEAN OBSERVING SYSTEM (IOOS) $1,835
15.022 TRIBAL SELF-GOVERNANCE $285