Coral-Graceton Volunteer Firemen’s Relief Association – Indiana County – Audit Period January 1, 2022 to December 31, 2023

A compliance audit was conducted on the Coral-Graceton Volunteer Firemen’s Relief Association covering January 1, 2022, to December 31, 2023. The audit, based on Pennsylvania’s legal framework, aimed to confirm the implementation of corrective actions from a previous audit and compliance with state laws regarding state aid and fund expenditures. While internal controls were reported effective, the audit could not confirm the $37,535 investment balance independently. Despite this, the association successfully addressed past issues such as vehicle ownership transfer, requiring dual signatures for fund disbursement, and securing a sales tax exemption. Expenditures totaling $17,087 were assessed for compliance, with one minor unauthorized expenditure noted but not reported due to its small value. The association managed finances businesslike, met compliance standards, and cooperated well during the audit process.