Finding 547101 (2024-002)

Material Weakness

Requirement

P

Questioned Costs

-

Year

2024

Accepted

2025-03-31

Audit: 351453

Organization: Kids' Harbor, INC (MO)

Auditor: Evers and Company Cpa's LLC

AI Summary

Answer: The Board feels confident in its personnel's ability to oversee auditor services for financial statement presentation.
Trend: There is a recognition that the skills needed for oversight are less technical than those required for preparing financial statements.
List: Recommended follow-up includes assessing the current skill levels of personnel and providing additional training if necessary.

Finding Text

Views of responsible officials and planned corrective actions: The Board believes it has personnel who possess suitable skill, knowledge, or experience to oversee services the auditor provides in assisting with financial statement presentation which requires a lower level of technical knowledge than the competence required to prepare the financial statements, related footnote disclosures and SEFA in accordance with the modified cash basis of accounting.

Corrective Action Plan

Views of responsible officials and planned corrective actions: The Board believes it has personnel who possess suitable skill, knowledge, or experience to oversee services the auditor provides in assisting with financial statement presentation which requires a lower level of technical knowledge than the competence required to prepare the financial statements, related footnote disclosures and SEFA in accordance with the modified cash basis of accounting.

Programs in Audit

ALN	Program Name	Expenditures
16.575	Crime Victim Assistance	$1.02M
16.758	Improving the Investigation and Prosecution of Child Abuse and the Regional and Local Children's Advocacy Centers	$118,370
93.669	Child Abuse and Neglect State Grants	$87,265

Finding 547101 (2024-002)

AI Summary

Finding Text

Corrective Action Plan

Categories

Other Findings in this Audit

Programs in Audit