FAC Explorer

Finding 519762 (2024-004)

Significant Deficiency Repeat Finding
Requirement
L
Questioned Costs
-
Year
2024
Accepted
2025-01-20
Audit: 338885
Organization: Scotland County Memorial Hospital District (MO)
Auditor: Wipfli LLP

AI Summary

  • Core Issue: The District failed to meet its financial reporting obligations by not completing the 2022 audit and filing the Data Collection Form by the March 31, 2024 deadline.
  • Impacted Requirements: Noncompliance with federal regulations regarding timely audit completion and reporting.
  • Recommended Follow-Up: Ensure timely audit preparations to meet future reporting deadlines and avoid similar issues.

Finding Text

Repeat Finding: Yes Program Name: Community Facilities Loans and Grants Assistance Listing Number: 10.766 Federal Agency: U.S. Department of Agriculture Questioned Costs: N/A Type of Finding: Noncompliance, Significant Deficiency Compliance Requirement: Reporting Condition: The District did not meet its financial reporting obligations under the grant during the year. The District did not complete the 2022 audit and file the Data Collection Form (SFSAC) by the due date of March 31, 2024. Criteria The District is required to complete the audit and file the Data Collection Form (SF-SAC) by March 31, 2024. Cause: The Data Collection Form was not filed within the required period due to a delay in the preparations for the audit. Effect: The District was not in compliance with federal regulations and the program. Recommendation: We recommend audit preparations are completed on a timely basis to ensure that the reporting deadline is met. Review of Responsible Officials: Managemet acknowledges there were significant delays in the audit due to capacity issues and a delay in the 2022 audit. Management has been in contact with all of its program representatives to keep them informed on the situation.

Corrective Action Plan

Condition: The District did not meet its financial reporting obligations under the grant during the year. The District did not complete the 2022 audit and file the Data Collection Form (SFSAC) by the due date of March 31, 2024 Response: The financial statement audit for FY 2022 is complete and we are awaiting issuance of the single audit for FY 2022. We anticipate the single audit stand-alone report will be issued prior to the end of 2025. The 2022 Report on Internal Control Over Financial Reporting and On Compliance and Other Matters Based on an Audit of Financial Statements Performed In Accordance with Government Auditing Standards has not been issued. We are currently working with our grantors and lenders to determine the appropriate course of action for not having this report. The hospital’s plan is to maintain timely completion of the financial audits in future years. Responsible Party: Meagan Weber, CEO, Brent Peirick, COO, Carolyn Davies, CFO Estimated Completion Date: 12/31/2025

Categories

Reporting Significant Deficiency Matching / Level of Effort / Earmarking

Other Findings in this Audit

  • 519763 2024-005
    Significant Deficiency Repeat
  • 519764 2024-005
    Significant Deficiency Repeat
  • 519765 2024-004
    Significant Deficiency Repeat
  • 1096204 2024-004
    Significant Deficiency Repeat
  • 1096205 2024-005
    Significant Deficiency Repeat
  • 1096206 2024-005
    Significant Deficiency Repeat
  • 1096207 2024-004
    Significant Deficiency Repeat

Programs in Audit

ALN Program Name Expenditures
10.766 Community Facilities Loans and Grants $6.90M
93.912 Rural Health Care Services Outreach, Rural Health Network Development and Small Health Care Provider Quality Improvement $31,853
93.301 Small Rural Hospital Improvement Grant Program $10,933