FAC Explorer

Finding 496615 (2022-002)

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

AI Summary

  • Issue: Financial statements were not fully adjusted before the audit, leading to necessary adjustments during the audit process.
  • Requirements Impacted: Internal controls should ensure accurate account balances are presented prior to audits.
  • Follow-Up: Implement a review process for general ledger balances to improve budgeting and management of financial resources.

Finding Text

Finding 2022 – 002: Audit Journal Entries Condition: During audit fieldwork, our testing resulted in audit adjustments in order to present materially accurate financial statements. Criteria: A good system of internal controls would provide for accurate representations of adjusted account balances for all County accounts prior to audit fieldwork. Cause: Year-end entries related to various accruals and other items were required in order to accurately present the County’s financial statements. Effect: The County’s financial statements were not fully adjusted prior to audit fieldwork. Recommendation: A vital process of effective internal controls is the review and subsequent adjustment of general ledger balances. This review and adjustment will aid in the appropriate budgeting and management of the County’s financial activities and resources.

Corrective Action Plan

Finding 2022 – 002: Audit Journal Entries Condition: During audit fieldwork, our testing resulted in audit adjustments in order to present materially accurate financial statements. Plan: The internal County Auditor, along with staff, will review year-end adjustments as part of the audit preparation process and work to reduce the number of entries proposed by the auditors and prepare fully adjusted financial statements prior to audit fieldwork. Anticipated Date of Completion: Fiscal Year November 30, 2023

Categories

Internal Control / Segregation of Duties

Other Findings in this Audit

  • 496614 2022-001
    Material Weakness 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