Finding Text
Material Weakness - Preparation of the Schedule of Expenditures of Federal Awards Criteria: The County is responsible for the preparation of timely and accurate financial reports, including the schedule of expenditures of federal awards in accordance with the Uniform Guidance. Condition: The 2022 audit was reissued during 2024. Underlying accounting records were not up to date at the commencement of the audit, such that an incorrect schedule of expenditures of federal awards was provided and used to complete and submit the original single audit. The original schedule of expenditures of federal awards was materially misstated. Cause: The County did not follow their procedures that were in place for proper reporting of the schedule of expenditures of federal awards. Effect: The original single audit that was issued and filed with the Federal Audit Clearinghouse was materially misstated and it was necessary to refile and resissue the December 31, 2022 Single Audit. The schedule of expenditures of federal awards resulted in an additional major program (Assistance Listing 21.027). Recommendation: We recommend that the County take steps to ensure that they follow their policies for preparation of the schedule of expenditures of federal awards to ensure compliance with the Uniform Guidance. Views of Responsible Officials: Management agrees with the finding.