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6 <br /> 1 Slide#7 <br /> Audit Results <br /> DpinjQ Internal Co-ntrolls Single Audit <br /> ; . <br /> One Nonmaterial <br /> Vellowbook <br /> Noncompliance <br /> • A' <br /> Federal&State Single *One Material <br /> Audit Wea kne5s <br /> Cher <br /> . <br /> Cherry Bekaert" <br /> 2 <br /> 3 April Adams continued the presentation. She explained that a for audit results, there are <br /> 4 four opinions that are issued. She said that all four of the county's opinions are unmodified. She <br /> 5 said that unmodified means a clean opinion and this is the highest level of assurance that an <br /> 6 audit firm can provide to a client. She said that the financial statement is calling to the Board's <br /> 7 attention two items. She explained that the first is related to the County's implementation of <br /> 8 Governmental Accounting Standards Board (GASB) Standard 84 and associated changes of <br /> 9 reporting around that. She said that the second item of attention is an previous adjustment <br /> 10 related to debt for the Sportsplex fund and that there was a correction that needed to take place <br /> 11 from last year to this year. She said that the single audit, for the federal and state dollars that <br /> 12 the county administers, identified two finding. She said that both findings are related to the <br /> 13 Temporary Assistance to Needy Families (TANF) program. She explained that the tested twenty <br /> 14 of the MOE cases and that one of those files indicated that there was a child in the home when <br /> 15 in fact it was a 26-year-old person and thus an incorrect determination of eligibility based upon <br /> 16 that test. She explained that this resulted in a nonmaterial, noncompliance finding. She said that <br /> 17 the second finding was a material weakness, and it relates controls around the operation of the <br /> 18 program and the determination of eligibility. She stated that the state sent out a directive letter <br /> 19 that said that 25% of all the cases that get determined during the year need to be reviewed as <br /> 20 part of the quality control to ensure that all of the right documentation is there. She said that the <br /> 21 audit found that 25% review was not being done. <br /> 22 <br /> 23 <br />