What We Did:
The objective of this quality control review was to determine whether Clark Nuber P.S. (Clark Nuber) performed the FY 2020 single audit of The Geneva Foundation (the Foundation) in accordance with generally accepted government auditing standards (GAGAS) and Federal requirements for single audits.
What We Found:
The Clark Nuber auditors did not comply with GAGAS and Uniform Guidance requirements when they reviewed the Special Tests and Provisions compliance requirement. Specifically, the Clark Nuber auditors identified key personnel requirements as a special test and provision that they planned to test. However, the Clark Nuber audit documentation did not include evidence of the audit procedures the auditors performed to test the Foundation’s compliance with key personnel requirements as required by GAGAS and Uniform Guidance requirements. As a result of the lack of documentation, we concluded that the Clark Nuber auditors did not support their conclusion on compliance with key personnel requirements. Therefore, the Clark Nuber auditors need to perform additional audit procedures before users of the single audit report can rely on the auditors’ conclusion that the Foundation complied with key personnel requirements. Except for Clark Nuber’s review of the Special Tests and Provisions compliance requirement, the FY 2020 single audit of the Foundation complied with GAGAS and Uniform Guidance requirements.
What We Recommend:
We recommend that the Clark Nuber Shareholder:
• Perform and document additional audit procedures for the FY 2020 single audit to test the Foundation’s compliance with key personnel requirements.
• Update the FY 2020 single audit report of The Geneva Foundation, as necessary, for the results of the additional audit procedures.