Finding 1223932 (2024-002)

Material Weakness Repeat Finding

Requirement

Questioned Costs

Year

2024

Accepted

2026-07-16

Audit: 407340

Organization: Native Village of Kivalina (AK)

Auditor: BRAD CAGE CPA

AI Summary

Core Issue: NVK missed the nine-month deadline to submit their audit as required by 2 CFR, Section 200.512.
Impacted Requirements: Timely audit submission is crucial for compliance and accountability.
Recommended Follow-Up: Monitor NVK's progress on the 2025 audit to ensure timely submission and address any ongoing delays.

Finding Text

I NOTED THAT THE NVK DID NOT SUBMIT THEIR AUDIT WITHIN THE REQUIRED NINE-MONTH TIMEFRAME OF YEAR END. PER 2 CFR, SECTION 200.512, THE NVK MUST SUBMIT THEIR AUDIT WITHIN 9 MONTHS OF YEAR END. THE NATIVE VILLAGE WAS STILL ADDRESSING COVID RELATED DELAYS. MANAGEMENT IS AWARE OF THE REQUIREMENT AND HAS STARTED TO PREPARE FOR THE 2025 AUDIT IN ORDER TO SUBMIT IT TIMELY. THIS WAS NOT A REPEAT FINDING.

Corrective Action Plan

MANAGEMENT HAS STARTED WORK ON THEIR 2025 AUDIT PREPARATION AND WILL ENSURE THAT IT IS SUBMITTED TIMELY.

Other Findings in this Audit

1223931 2024-002

Material Weakness Repeat

Programs in Audit

ALN	Program Name	Expenditures
21.027	CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS	$341,152
14.867	INDIAN HOUSING BLOCK GRANTS	$128,543
15.020	AID TO TRIBAL GOVERNMENTS	$88,213
15.156	TRIBAL CLIMATE RESILIENCE	$78,021
21.032	LOCAL ASSISTANCE AND TRIBAL CONSISTENCY FUND	$74,877
90.100	DENALI COMMISSION PROGRAM	$69,139
66.926	INDIAN ENVIRONMENTAL GENERAL ASSISTANCE PROGRAM (GAP)	$63,674
20.205	HIGHWAY PLANNING AND CONSTRUCTION	$2,498