Financial and Compliance Audit
Learn how the AI-generated research projects were createdOverall Conclusion
In our opinion, the financial statements referred to above present fairly, in all material respects, the respective financial position of the governmental activities, each major fund, and the aggregate remaining fund information of the Department, as of June 30, 2025, and the respective changes in financial position for the year then ended in accordance with accounting principles generally accepted in the United States of America.
Source Document
Audit Scope
Audit of the Department of Human Services, State of Hawaii, for the year ended June 30, 2025. Includes government-wide financial statements and fund financial statements (General Fund and Special Revenue Funds MED-Quest and Human Services), fiduciary fund information, notes to the financial statements, and the Schedule of Expenditures of Federal Awards. Audits compliance with GAAP and Government Auditing Standards, and testing of internal controls; includes analysis of intergovernmental revenues and capital assets, and budgetary comparisons for the General Fund.
AI-Assisted
AI Scope Summary
This audit aims to provide independent assurance on the Department of Human Services' financial statements for the year ended June 30, 2025, including government-wide and fund-level reporting and related notes, with an emphasis on GAAP conformity, GASB 101 restatement impact, and internal control for compliance with Government Auditing Standards. For future audits, focus should be given to documenting changes in compensated absences, the treatment of intergovernmental revenues, and the accuracy of budgetary comparisons across funds to support ongoing accountability and performance reporting.
AI-Generated Insight
The audit covers Hawaii's Department of Human Services financial statements for the year ended June 30, 2025, including government-wide and fund-level statements, and notes restatement due to GASB 101. The report confirms the statements are fairly presented in GAAP with emphasis notes and includes internal control and compliance considerations under Government Auditing Standards. The Department shows a net position decrease and significant intergovernmental activity, with capital assets totaling about $94.7 million and liabilities of about $685 million.
Audit Objectives
To audit the accompanying financial statements of the governmental activities, each major fund, and the aggregate remaining fund information of the State of Hawaii, Department of Human Services (the Department), as of June 30, 2025 and the related notes to the financial statements.
To express an opinion on whether the financial statements present fairly, in all material respects, the financial position and changes in financial position of the Department in conformity with generally accepted accounting principles (GAAP).
To report on internal control over financial reporting and on compliance with applicable laws, regulations, contracts, and grant agreements based on an audit conducted in accordance with Government Auditing Standards.
Audit Findings (0)
No findings documented for this audit
Recommendations (0)
No recommendations provided for this audit