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ACCO U NTANTSICONSULTANTS
COUNTY OF HAwAI 6 I
Single Audit for the Fiscal Year Ended
June 30 2019
SUBMITTED BY: BONNIE. S . NIMS , CGAP
Legislative Auditor
Comm. No. c15c3. 1
Ref.To: cc.. .
Ref. pate 5 I 14112mo
Scope of Audit Services
■ To express an opinion on the fair presentation of the
County of Hawai`i's financial statements as of and for the
fiscal year ended June 30, 2019.
■ To express an opinion on compliance with applicable
federal requirements that could have a direct and material
effect on each of the County of Hawai`i's major federal
programs for the fiscal year ended June 30, 2019.
■ Our audit was performed in accordance with auditing
standards generally accepted in the United States of
America, the standards applicable to financial audits
contained in GovernmentAuditing Standards, and the
audit requirements of the Uniform Guidance (Title 2 CFR
Part 200)
N&K CPAs, Inc. 2
Summary of Auditor's Results
Financial Statements
Type of report the auditor issued on whether the
financial statements au�diteid were prepared in
accordance with GAAP: Unmodified
Internal control over financial reporting:
Material weakness(es), identified? yes no
Significant deficiency(ies) identified? yes V none reported
Noncompliance material to financial statements
noted? yes no
Internal controll over major federal programs:
Material weakn:ess(es) identified? yes no
Significant deficiency(ies) identified? yes none reported
Type of auditor's report issued on compliance
for major federal programs- Unmodified
Any audit findings disclosed that are required to
be reported in accordance with 2 CFR
200.516(a)? yes no
N&K CPAs, Inc. 3
Summary of Auditor's Results (Continued)
Dollar threshold used to distinguish between Type A
and Typie B programs -
SECTION 11 - FINANCIAL STATEMENT FINDING
EM
1110901TWOR M*,
Formula Grants for Rural Areas ani
Tribal Transit Program
M A
EE IM
=172-701OU-4110 IMP= Zq
Offlaam
yes no
N&K CPAs, Inc. 4
Required Communication with
Those Charged with Governance
Significant Accounting Policies: Adoption of the provisions of the
following:
• GASB Statement No. 88, Certain
Disclosures Related to Debt,
including Direct Borrowings and
Direct Placements
N&K CPAs, Inc. 5
Required Communication with
Those Charged with Governance (Continued)
Significant Accounting Estimates: Significant estimates affecting the
financial statements include:
• Estimate of the useful lives of
capital assets used to compute
depreciation expense
• Estimate of the liability for
postretirement benefits other than
pensions (OPEB)
• Estimate of the net pension liability
• Estimate of the loss reserves for
claims and judgements
• Estimate of the landfill closure and
postclosure cost liability
N&K CPAs, Inc. 6
Required Communication with
Those Charged with Governance (Continued)
Corrected and Uncorrected There were no misstatements detected
Misstatements:
Difficulties Encountered in
Performing the Audit:
Management Consultation with
Other Accountants:
that were considered material,
individually or in the aggregate, to the
financial statements
We encountered no significant
difficulties in dealing with management,
including any disagreements, in
performing and completing our audit
To our knowledge, there were no such
consultations with other accountants
N&K CPAs, Inc. 7