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+YY Os y1~ <br /> ~'`y .....•V <br /> <br /> CONSTANCE R. KIRIU <br /> ('ounlp (jerk <br /> ~V~ <br /> • r <br /> County of Hawai `i <br /> Office of the County Clerk <br /> 25 .4i~puni Street <br /> Hilo. Hawni'i 96720 <br /> Telephone- (X081 961-h'155 Eacsi~nile BOS/ 961-8)/2 <br /> April 13, 2004 <br /> ~f0: Council Members <br /> FROM: Constance Kiriu~~ <br /> County Clerk <br /> RE: Single Audit Keport for Fiscal Year Ending June 30, 2004 <br /> A copy of the Single Audi[ Report ol~the County of Hawai `i./i~r I~Yscal Year Ending <br /> June 30, 2004, is distributed for your information and review. "fhe Single Audit Repor[ <br /> was prepared by KPMG LI,P as part of the Council's overall audit contract and is not <br /> required by the I Iawai'i County Charter. <br /> The Single Audit Report is prepared for federal awarded programs to meet reporting and <br /> auditing requirements. Specifically, sub-recipients in receipt of a minimum threshold <br /> amount of funds are audited for the purpose of identifying material weakness of internal <br /> controls and testing compliance with certain provisions of laws, regulations, contracts <br /> and grants, which could have a direct and material effect on the financial statement <br /> amounts. A list of all county programs that have received federal funds can be found on <br /> pages 7-L6 ("Schedule of Expenditures of Federal Awards"). Another separate <br /> memorandum received on March 29, 2005 f"rom the Controller Deanna Sako submitting a <br /> "Corrective Action Plan" is included with the Single Audit Repor[. <br /> [n Section Compliance and Internal Control Over Federal Awards, the auditors found <br /> that, the County complied in all material respects with the requirements applicable to <br /> each of its major federal programs Cor the year ended .tune 30, 2004. Further, the results <br /> of the audit reflected three instances of noncompliance with those requirements and <br /> described in the accompanying schedule of findings and questioned costs as Findings <br /> 04-01 through 04-03. <br /> I'he external auditors will be scheduled at a future Finance Committee meeting to answer <br /> any questions you may have. <br /> Enclosures Comm. No. Z-2~ <br /> Ref. To:_~L~~~ <br /> (Note: Report is on file in the Clerk's Office.) Ref. Upte <br /> Hawaii Coun[r is an Equal O/~par[unity Provider and Emp/uyer <br /> <br />