FAC Explorer

Finding 496614 (2022-001)

Material Weakness Repeat Finding
Requirement
ABH
Questioned Costs
-
Year
2022
Accepted
2024-09-12
Audit: 319416
Organization: Lasalle County (IL)
Auditor: Lauterbach & Amen LLP

AI Summary

  • Core Issue: The County and Self Insurance Trust are not preparing their own financial statements, relying heavily on external auditors.
  • Impacted Requirements: This reliance may lead to material misstatements in the County's financial results.
  • Recommended Follow-Up: Increase training for accounting staff to enable them to prepare financial statements independently.

Finding Text

Finding 2022 – 001: Financial Reporting Condition: The County and Self Insurance Trust do not provide their own financial statements, notes, required supplementary information. Criteria: The County relies on the audit firm to prepare the modified accrual financial statements due to the lack of staff and training involved in preparing external financial reports. Cause: The County relies on the external auditors to draft the individual fund statements, assist with modified accrual entries, make conversion entries, draft the government-wide statements, and prepare note disclosures. Effect: The financial results of certain funds within the County’s financial statements could be materially misstated. Recommendation: We recommend the County consider providing increased training to accounting staff to prepare the financial statements.

Corrective Action Plan

Finding 2022 – 001: Financial Reporting Condition: The County and Self Insurance Trust do not provide their own financial statements, notes, required supplementary information. Plan: The internal County Auditor, along with staff, will assist in preparing the financial reports at the end of each year. The staff will continue to engage in professional development activities related to financial reporting during the year. Anticipated Date of Completion: November 30, 2023

Categories

Reporting

Other Findings in this Audit

  • 496615 2022-002
    Significant Deficiency Repeat
  • 496616 2022-003
    Significant Deficiency Repeat
  • 1073056 2022-001
    Material Weakness Repeat
  • 1073057 2022-002
    Significant Deficiency Repeat
  • 1073058 2022-003
    Significant Deficiency Repeat

Programs in Audit

ALN Program Name Expenditures
21.027 Coronavirus State and Local Fiscal Recovery Funds $1.92M
21.019 Coronavirus Relief Fund $181,398
10.557 Special Supplemental Nutrition Program for Women, Infants, and Children $136,831
93.323 Epidemiology and Laboratory Capacity for Infectious Diseases (elc) $119,074
93.074 Hospital Preparedness Program (hpp) and Public Health Emergency Preparedness (phep) Aligned Cooperative Agreements $71,911
93.354 Public Health Emergency Response: Cooperative Agreement for Emergency Response: Public Health Crisis Response $71,713
97.042 Emergency Management Performance Grants $42,731
93.898 Cancer Prevention and Control Programs for State, Territorial and Tribal Organizations $38,511
93.994 Maternal and Child Health Services Block Grant to the States $27,043
10.555 National School Lunch Program $5,962
66.032 State Indoor Radon Grants $4,521
66.605 Performance Partnership Grants $3,821
10.553 School Breakfast Program $449
93.268 Immunization Cooperative Agreements $287