Report on a Single Audit of the Frankfort Airport Authority, Frankfort, IN
What We Looked At
We reviewed the Frankfort Airport Authority’s single audit report for the fiscal year ending December 31, 2012, in order to identify findings that affect directly awarded Department of Transportation programs. An independent auditor prepared the single audit report, dated July 29, 2013.
What We Found
We found that the report contained an internal control finding that needs prompt action from the Federal Aviation Administration’s (FAA) management.
We recommend that FAA ensures that the Authority complies with the internal control requirements.