Quality Control Review on a Single Audit of the Interurban Transit Partnership, Grand Rapids, MI
What We Looked At
We performed a quality control review (QCR) on the single audit that BDO USA, LLP performed for the Interurban Transit Partnership’s (ITP) fiscal year that ended September 30, 2018. During this period, ITP expended approximately $8.1 million from the U.S. Department of Transportation’s (DOT) grant programs. BDO determined that DOT’s major program was the Federal Transit Cluster.
Our QCR objectives were to determine (1) whether the audit work complied with the Single Audit Act of 1984, as amended, and the Office of Management and Budget’s Uniform Guidance, and the extent to which we could rely on the auditors’ work on DOT’s major program; and (2) whether ITP’s reporting package complied with the reporting requirements of the Uniform Guidance.
What We Found
BDO’s audit work complied with the requirements of the Single Audit Act, the Uniform Guidance, and DOT’s major program. We found nothing to indicate that BDO’s opinion on DOT’s major program was inappropriate or unreliable. However, we identified a deficiency in ITP’s reporting package that required correction and resubmission.