Powder River County

2022-007 Federal Financial Reporting CFDA Title: Economic Adjustment Assistance CFDA Number: 11.307 Federal Award Number: 05-79-05952 Federal Agency: Economic Adjustment Assistance Pass-through Entity: Direct Condition: The Federal Financial Reports (SF 425) filed for the period ending September 30, 2021, and March 31, 2022, were not completed accurately. Context: We obtained the reports and tested them to the accounting records. Criteria: Internal control procedures should be in place to ensure accurate reporting. Effect: The September 30, 2021, Federal Financial Report reported federal share of expenditures of $107,250.26 and recipient share of expenditures of $107,250.27. Total expenditures for fiscal year ended June 30, 2021, were $182,133 per accounting and no expenditures from July 1, 2021, through September 30, 2021. The March 31, 2022, Federal Financial Report reported zero for federal share or recipient share of expenditures. The accounting system recorded total expenditures of 648,963 from October 1, 2021, through March 31, 2022. In addition, the prior year as stated in the above paragraph from fiscal year 2021 was not reported. Cause: Lack of control procedures to ensure accurate reporting by completing the reports from the accounting system. Recommendation: We recommend the County implement internal control procedures to ensure accurate reporting on the Feder l Financial Reports by using the accounting system to determine expenditures to report.