Finding 1240316 (2024-005)

Material Weakness Repeat Finding
Requirement
P
Questioned Costs
-
Year
2024
Accepted
2026-10-13
Audit: 414856
Organization: COUNTY OF SAC (IA)

AI Summary

  • Core Issue: The County did not conduct a required single audit for fiscal year 2024 after exceeding $750,000 in federal awards.
  • Impacted Requirements: The County failed to comply with Title 2, U.S. Code of Federal Regulations §200.501 regarding audit requirements.
  • Recommended Follow-Up: Establish a tracking process for federal expenditures to ensure compliance with audit requirements and communicate with auditors in advance.

Finding Text

Single Audit Process Criteria – Title 2, U.S. Code of Federal Regulations §200.501 states an entity that expends $750,000 or more during the non-Federal entity’s fiscal year in Federal awards, must have a single audit or program-specific audit conducted for that year in accordance with the provision in §200.501. Condition – The County expended in excess of $750,000 of federal awards for the yearended June 30, 2024. The County was not aware of the single audit requirement and did not contract to have a single audit for fiscal year 2024. Cause – The County’s management was aware of the federal awards being expended;however they were not aware of the requirements to have a single audit completed. Effect – The County’s internal control over compliance with federal audit requirements was inadequate. Recommendation – The County should establish a process to track the dollar amount of federal expenditures that were spent during the year and whether those expenditures give rise to additional audit requirements. This should be done and communicated with the auditors before audit work begins. Response and Corrective Action Planned – The County will develop a formal process for tracking all federal expenditures and take steps to learn when those expenditures trigger additional audit requirements. Conclusion – Response accepted.

Corrective Action Plan

The County will develop a formal process for tracking all federal expenditures and take steps to learn when those expenditures trigger additional audit requirements.

Categories

Matching / Level of Effort / Earmarking Internal Control / Segregation of Duties

Other Findings in this Audit

  • 1240309 2024-004
    Material Weakness Repeat
  • 1240310 2024-004
    Material Weakness Repeat
  • 1240311 2024-004
    Material Weakness Repeat
  • 1240312 2024-004
    Material Weakness Repeat
  • 1240313 2024-005
    Material Weakness Repeat
  • 1240314 2024-005
    Material Weakness Repeat
  • 1240315 2024-005
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
21.027 CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS $531,096
93.268 IMMUNIZATION COOPERATIVE AGREEMENTS $22,946
97.042 EMERGENCY MANAGEMENT PERFORMANCE GRANTS $21,457
93.069 PUBLIC HEALTH EMERGENCY PREPAREDNESS $3,474
93.044 SPECIAL PROGRAMS FOR THE AGING, TITLE III, PART B, GRANTS FOR SUPPORTIVE SERVICES AND SENIOR CENTERS $2,500
20.600 STATE AND COMMUNITY HIGHWAY SAFETY $1,444
20.205 HIGHWAY PLANNING AND CONSTRUCTION $970