Finding 1238363 (2025-002)

Material Weakness Repeat Finding

Requirement

Questioned Costs

Year

2025

Accepted

2026-09-29

Audit: 413199

Organization: CAPITAL CITY AREA COUNCIL FOR SPECIAL SERVICES (MO)

Auditor: EVERS & COMPANY CPA'S LLC

AI Summary

Issue: The accountant is skilled in daily transactions but lacks necessary skills to ensure accurate financial reporting and compliance with U.S. GAAP.
Impact: This gap could lead to misstatements in financial statements and footnotes, affecting overall financial integrity.
Recommendation: Provide training or hire additional expertise to enhance the accountant's capabilities in financial reporting and compliance.

Finding Text

Cause of Condition: In evaluating the control environment of the Organization, we considered the abilities of the Organization’s accountant, 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 SEFA in accordance with the accounting principles generally accepted in the United States of America (U.S. GAAP).

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 Organization has the expertise necessary to prevent, detect and correct misstatements and be capable of drafting the financial statements, related footnote disclosures and SEFA in accordance with the accounting principles generally accepted in the United States of America (U.S. GAAP).

Other Findings in this Audit

1238362 2025-001

Material Weakness Repeat

Programs in Audit

ALN	Program Name	Expenditures
21.027	CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS	$3.19M
20.513	ENHANCED MOBILITY OF SENIORS AND INDIVIDUALS WITH DISABILITIES	$131,130