Audit Reports
Quality Control Review on the Single Audit of the Worcester Regional Transit Authority of Worcester, MA
This report presents the results of our Quality Control Review of McCarthy, Hargrave & Company’s (MH&Co) single audit of the Worcester Regional Transit Authority (Authority) of Worcester, MA, for the Authority’s fiscal year ended June 30, 2014. During this period, the Authority expended approximately $23 million from DOT grant programs. MH&Co determined that DOT’s major programs were the Federal Transit Cluster and Clean Fuels Grant Program.
Firms can receive a rating of pass, pass with deficiency(ies), or fail, and based on our QCR, the overall rating assigned to MH&Co’s work is a Pass. Therefore, MH&Co met the requirements of the Single Audit Act, OMB Circular A-133, and DOT’s major program. We found nothing to indicate that MH&Co’s opinion on DOT’s major program was inappropriate or unreliable. During our desk review, however, we found that in the Schedule of Findings and Questioned Costs (SFQC), MH&Co incorrectly used “unqualified” as its opinion on the Authority’s financial statements and compliance with DOT’s major program requirements. MH&Co should have used “unmodified” as its opinion on both the financial statements and compliance with program requirements. MH&Co has corrected the SFQC and resubmitted its single audit report to the Federal Audit Clearinghouse.