Finding 499541 (2023-004)

Material Weakness
Requirement
L
Questioned Costs
-
Year
2023
Accepted
2024-09-30

AI Summary

  • Core Issue: The Joint Powers Board missed the deadline for submitting the audit report, violating federal compliance rules.
  • Impacted Requirements: Submission must occur within nine months after the audit period, as outlined in 2 CFR 200.512(a)(1).
  • Recommended Follow-Up: Ensure timely submission of audit reports by securing necessary resources and contracting with an independent CPA.

Finding Text

2023-004 Audit Report Submission to the Federal Government Material Weakness in Internal Control over Compliance Criteria Single Audits, 2 CFR Part 200 Subpart F 200,512(a)(1)- Report Submission, are required to be submitted within the earlier of 30 days of the receipt of the auditor's report or nine months after the end of the audit period. Condition The Joint Powers Board did not submit the audit report in the nine-month time frame as required by the Uniform Guidance. Cause The Joint Powers Board has limitied resources to perform timely submisssions to contract with a independent CPA to perform the audit. The audit has started late, and not reasonable to complete the Federal Clearinghouse deadline. Effect Noncompliance with the federal requirements to submit an auidt report nine-months after year-end. Recommendation We recommend that the Joint Powers Board submit audit reports in compliance with 2 CFR 200.512(a)(1). Views of Responsible Officials and Planned Corrective Actions Please see the last page of this report for the written response from the Board.

Corrective Action Plan

2023-004 Audit Report Submission to Federal Government Material Weakness in Internal Control over Compliance The Chairman of the Tongue River Valley Joint Powers Board will diligently comply with the Federal Reporting deadlines now that a consistent relationship has been established with an auditing firm. Ongoing process.

Categories

Material Weakness Internal Control / Segregation of Duties

Other Findings in this Audit

  • 499538 2023-001
    Material Weakness Repeat
  • 499539 2023-002
    - Repeat
  • 499540 2023-003
    Significant Deficiency
  • 1075980 2023-001
    Material Weakness Repeat
  • 1075981 2023-002
    - Repeat
  • 1075982 2023-003
    Significant Deficiency
  • 1075983 2023-004
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
10.766 Community Facilities Loans and Grants $5.87M