EIN: 350672337
UEI: LVW1RAH94NZ9
Data as of August 24, 2026
Management decision deadline — for entities that funded this organization
The FAC accepted this audit on May 1, 2025. Under 2 CFR 200.521(d), a pass-through entity that provided federal funds to this organization for this audit period must issue a management decision on these findings by November 1, 2025 (296 days ago).
What is a management decision? →More than one employee has the ability to complete multiple parts of tasks. For the year ended December 31, 2024, Southeastern Indiana REMC has failed to appropriately segregate duties in certain accounting areas consistent with control objectives.
Show full finding ▾Hide full finding ▴More than one employee has the ability to complete multiple parts of tasks. For the year ended December 31, 2024, Southeastern Indiana REMC has failed to appropriately segregate duties in certain accounting areas consistent with control objectives.
Management is aware of the audit finding regarding a lack of segregation of duties. It would not be cost effective to hire additional employees to properly segregate responsibilities at this time. Management performs additional procedures to mitigate this risk. We do not have an anticipated time frame for hiring additional employees to mitigate this risk.
Certain costs were allocated to grant eligible areas based on construction to be performed in those areas. The amounts that were incorrectly submitted more than once was due to human error. The total questioned costs were related to allowable costs from two of the REMC's contractor. One invoice received from a contractor was included twice in the federal expenditures in the amount of $4,446. Another amount submitted for grant reimbursement had an amount included as a federal expenditure that was $51,259 more than the invoice amount. All invoices were analyzed to determine cases of duplicated invoices.
Show full finding ▾Hide full finding ▴Certain costs were allocated to grant eligible areas based on construction to be performed in those areas. The amounts that were incorrectly submitted more than once was due to human error. The total questioned costs were related to allowable costs from two of the REMC's contractor. One invoice received from a contractor was included twice in the federal expenditures in the amount of $4,446. Another amount submitted for grant reimbursement had an amount included as a federal expenditure that was $51,259 more than the invoice amount. All invoices were analyzed to determine cases of duplicated invoices.
Southeastern Indiana REMC is aware there were two invoices submitted in error totaling $55,705. The result of this error was an overstatement of the amount eligible for reimbursement. Southeastern Indiana REMC has invoices eligible for reimbursement that were not submitted which offsets these errors. Southeastern Indiana REMC, given these circumstances, does not believe they have requested total funds in excess of eligible costs.
Data source: This information comes from the Federal Audit Clearinghouse, the official repository of Single Audit data. All data is public domain. Verify this organization's audit history at fac.gov.
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