Navajo County June 30, 2004 Report Highlights-Single Audit

Navajo CountyThe County Needs to ImproveREPORTControls Over its Accounting RecordsHIGHLIGHTSSINGLE AUDITSubject The Board of Supervisors depends on year-end accruals or prior year auditaccurate information to fulfill its oversight adjustments and did not always properlyNavajo County spent $5.6responsibility. Additionally, the County classify financial transactions in itsmillion of federal monies andmust issue accurate and timely financial accounting records. Additionally, theadditional required county-statements to ensure compliance with County did not establish adequate internalmatching monies in fiscal yearaudit requirements imposed by federal controls over its capital asset balances or2004 for 39 programs. Thelargest federal grants were for and state laws and regulations, grant its health insurance trust fund.homeland security, job contracts, and long-term debt covenants.training, human services and To achieve this objective, the County must As a result of these deficiencies, wevoter education and ensure that financial transactions are issued a disclaimer of opinion on theequipment. In return, the accurately recorded in its accounting County’s financial statements for the yearCounty must be accountable records. ended June 30, 2004. In addition, wefor its use of both federal andstate monies, maintain strongDuring fiscal year 2004, the County did County’s Schedule of Expenditures ofinternal controls, and complynot adjust its accounting records for ...