Finding 503858 (2023-002)

Significant Deficiency Repeat Finding
Requirement
L
Questioned Costs
-
Year
2023
Accepted
2024-10-28

AI Summary

  • Answer: The audit revealed significant adjustments needed for accurate financial reporting.
  • Trend: There is a recurring issue with identifying material closing entries during financial closings.
  • List: Management should establish a clear process to catch these entries moving forward.

Finding Text

Condition: The Village’s audit had material audit adjustments. Recommendation: It was recommended that management implement a process for identifying material closing entries during the financial closing process.

Categories

No categories assigned yet.

Other Findings in this Audit

  • 503853 2023-001
    Material Weakness
  • 503854 2023-002
    Significant Deficiency Repeat
  • 503855 2023-001
    Material Weakness
  • 503856 2023-002
    Significant Deficiency Repeat
  • 503857 2023-001
    Material Weakness
  • 1080295 2023-001
    Material Weakness
  • 1080296 2023-002
    Significant Deficiency Repeat
  • 1080297 2023-001
    Material Weakness
  • 1080298 2023-002
    Significant Deficiency Repeat
  • 1080299 2023-001
    Material Weakness
  • 1080300 2023-002
    Significant Deficiency Repeat

Programs in Audit

ALN Program Name Expenditures
21.027 Coronavirus State and Local Fiscal Recovery Funds $626,900
93.323 Epidemiology and Laboratory Capacity for Infectious Diseases (elc) $206,366
93.354 Public Health Emergency Response: Cooperative Agreement for Emergency Response: Public Health Crisis Response $57,502
14.218 Community Development Block Grants/entitlement Grants $49,990
93.391 Activities to Support State, Tribal, Local and Territorial (stlt) Health Department Response to Public Health Or Healthcare Crises $34,636
93.136 Injury Prevention and Control Research and State and Community Based Programs $27,289
93.268 Immunization Cooperative Agreements $23,447
93.069 Public Health Emergency Preparedness $22,136
93.994 Maternal and Child Health Services Block Grant to the States $14,927
66.468 Drinking Water State Revolving Fund $9,025
90.404 Hava Election Security Grants $1,894
93.991 Preventive Health and Health Services Block Grant $1,243