FAC Explorer

Finding 404700 (2022-001)

Material Weakness
Requirement
L
Questioned Costs
-
Year
2022
Accepted
2024-06-28
Audit: 311074
Organization: Iliamna Village Council (AK)
Auditor: Brad Cage CPA

AI Summary

  • Core Issue: The IVC did not submit their audit within the required 9-month timeframe after year-end.
  • Impacted Requirement: Compliance with 2 CFR, Section 200.512, which mandates timely audit submission.
  • Recommended Follow-Up: Monitor IVC's progress on the 2023 audit to ensure timely submission and address any potential delays.

Finding Text

I NOTED THAT THE IVC DID NOT SUBMIT THEIR AUDIT WITHIN THE REQUIRED 9 MONTH TIMEFRAM OF YEAR END. PER 2CFR, SECTION 200.512, THE IVC MUST SUBMIT THEIR AUDIT WITHIN 9 MONTHS OF THEIR FISCAL YEAR END. NO QUESTIONED COSTS. THE NATIVE VILLAGE WAS ADDRESSING COVID RELATED DELAYS. MANAGEMENT IS AWARE OF THE REQUIREMENT AND HAS STARTED TO PREPARE FOR THE 2023 AUDIT IN ORDER TO SUBMIT IT TIMELY. THIS WAS NOT A REPEAT FINDING.

Corrective Action Plan

MANAGEMENT HAS STARTED WORK ON THEIR 2023 AUDIT PREPARATION AND WILL ENSURE THAT IT IS SUBMITTED TIMELY.

Categories

No categories assigned yet.

Other Findings in this Audit

  • 404701 2022-002
    Material Weakness
  • 981142 2022-001
    Material Weakness
  • 981143 2022-002
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
21.027 Coronavirus State and Local Fiscal Recovery Funds $816,400
15.021 Consolidated Tribal Government Program $191,846
20.205 Highway Planning and Construction $189,595
21.019 Coronavirus Relief Fund $112,937
66.926 Indian Environmental General Assistance Program (gap) $48,349
93.610 Health Care Innovation Awards (hcia) $41,050
16.841 Voca Tribal Victim Services Set-Aside Program $26,516
16.608 Tribal Court Assistance Program $23,952
15.144 Indian Child Welfare Act_title II Grants $17,626
15.030 Indian Law Enforcement $12,793
15.156 Cooperative Landscape Conservation $3,816
14.867 Indian Housing Block Grants $533