We performed a quality control review (QCR) on the single audit that RHR Smith & Company (Smith) performed for the Green Mountain Transit Authority’s (Authority) fiscal year that ended June 30, 2018. During this period, the Authority expended approximately $14.5 million from the U.S. Department of Transportation’s (DOT) grant programs. Smith determined that DOT’s major program was the Federal Transit Cluster.
Our QCR’s objectives were to determine (1) whether the audit work complied with the Single Audit Act of 1984, as amended, 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 programs; and (2) whether the Authority’s reporting package complied with the reporting requirements of the Uniform Guidance.
Smith’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 Smith’s opinion on DOT’s major program was inappropriate or unreliable. However, we identified a deficiency in Smith’s audit work that should be corrected in future audits. We also identified deficiencies in the Authority’s reporting package that required correction and resubmission.