Finding 578227 (2022-001)

Significant Deficiency
Requirement
P
Questioned Costs
-
Year
2022
Accepted
2023-11-14

AI Summary

  • Core Issue: The District submitted its audited financial statements late, missing the March 31, 2023 deadline by over 6 months.
  • Impacted Requirements: Compliance with federal regulations (2 CFR 200.512(a)) for timely submission of financial documents is critical to avoid penalties.
  • Recommended Follow-Up: The District should hire an external accounting firm with expertise in governmental audits to ensure timely future submissions.

Finding Text

Assistance Listing No: 97.044, Assistance to Firefighters Grant Federal Grantor: U.S. Department of Homeland Security - Direct Award Compliance Requirement: Other Condition: The District submitted its audited financial statements and single audit report to the federal clearinghouse in October 2023, more than 6 months after it was due on March 31, 2023. Criteria: The District was required to submit its audited financial statements and single audit report to the federal audit clearinghouse no later than March 31, 2023, 9 months after the fiscal year-end (2 Code of Federal Regulations, Section 200.512(a)). Cause: The District failed to prepare its audited financial Statements and schedule of expenditures of federal awards (SEFA) in a timely manner due to not being able to locate and provide information to the auditor by the reporting deadline. Effect: Federal awarding agencies could deny future federal awards to recipients that do not comply with the Uniform Guidance. Context: In March 2022, the District was able to acquire additional accounting help from El Dorado Hills Fire District to close its books for the year ended June 30, 2022. Prior to obtaining this additional assistance, the District did not have qualified staff available to manage the audit and single audit. Recommendation: The District should consider contracting with an external accounting firm with significant knowledge in governmental and single audit accounting and reporting standards so that it can close its books and submit its audited financial statements and single audit report to the federal audit clearinghouse no later than the statutory deadline. View of Responsible Officials and Planned Corrective Action: Management’s response and planned corrective actions are included at the corrective action plan end of this report.

Categories

Reporting

Other Findings in this Audit

  • 1785 2022-001
    Significant Deficiency
  • 1786 2022-002
    Significant Deficiency
  • 1787 2022-003
    Significant Deficiency
  • 578228 2022-002
    Significant Deficiency
  • 578229 2022-003
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
97.044 Assistance to Firefighters Grant $706,716