FAC Explorer

Finding 7470 (2023-001)

Significant Deficiency
Requirement
P
Questioned Costs
-
Year
2023
Accepted
2024-01-04
Audit: 9663
Organization: Boys and Girls Club of Jefferson City (MO)
Auditor: Evers & 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 oversight role requires less technical knowledge than preparing the actual financial statements.
  • List: Recommended follow-up includes ensuring ongoing training for personnel to maintain oversight effectiveness.

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 accrual basis of accounting.

Corrective Action Plan

Response: 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 accrual basis of accounting.

Categories

Reporting

Other Findings in this Audit

  • 583912 2023-001
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
84.287 Twenty-First Century Community Learning Centers $519,694
21.027 Coronavirus State and Local Fiscal Recovery Funds $300,000
10.558 Child and Adult Care Food Program $192,566
93.558 Temporary Assistance for Needy Families $75,476
10.559 Summer Food Service Program for Children $37,348