FAC Explorer

Finding 1214627 (2024-002)

Material Weakness Repeat Finding
Requirement
P
Questioned Costs
-
Year
2024
Accepted
2026-05-13
Audit: 401313
Organization: Holy Cross Tribal Council (AK)
Auditor: BRAD CAGE CPA

AI Summary

  • Issue: The Holy Cross Tribal Council submitted their audit late, missing the 9-month deadline after year-end.
  • Requirement: According to 2 CFR, Section 200.512, audits must be submitted within 9 months of the fiscal year end.
  • Follow-up: Management is already preparing for the 2025 audit and aims to be compliant moving forward.

Finding Text

I noted that the Holy Cross Tribal council did not submit their audit within the required 9 month timeframe of year end. Per 2 CFR, Section 200.512, the Holy Cross Tribal Council must submit their audit within 9 months of their fiscal year end. Management is aware of the requirement and has started to prepare for the 2025 audit. Audit was late. Due to the nature of this finding, there is no suggestion or recommendation considered necessary. Management has already started work on their 2025 audit preparation and expects to be current on audits as of the 2025 audit. This was not a repeat finding.

Corrective Action Plan

MANAGEMENT AGREES WITH THE FINDING. MANAGEMENT WILL ENSURE THAT THE AUDIT PREPARATION IS COMPLETED TIMELY IN ORDER TO COMPLETE THE 2025 AUDIT WITHIN 9 MONTHS OF YEAR END.

Categories

No categories assigned yet.

Programs in Audit

ALN Program Name Expenditures
21.027 CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS $738,556
21.032 LOCAL ASSISTANCE AND TRIBAL CONSISTENCY FUND $175,601
15.021 CONSOLIDATED TRIBAL GOVERNMENT $168,240
16.841 VOCA TRIBAL VICTIM SERVICES SET-ASIDE PROGRAM $168,025
66.926 INDIAN ENVIRONMENTAL GENERAL ASSISTANCE PROGRAM (GAP) $97,094
15.669 COLLABORATIVE LANDSCAPE CONSERVATION $19,237
20.205 HIGHWAY PLANNING AND CONSTRUCTION $9,954
16.824 EMERGENCY LAW ENFORCEMENT ASSISTANCE GRANT $1,349