Valley Forge Volunteer Fire Company Relief Association – Chester County – Audit Period January 1, 2022 to December 31, 2024

A compliance audit of the Valley Forge Volunteer Fire Company Relief Association, covering January 1, 2022, to December 31, 2024, was conducted by the Department of the Auditor General in Pennsylvania. The audit aimed to ensure corrective actions on prior findings and compliance with state laws related to state aid and fund expenditures. While the association mostly adhered to regulations, it failed to address a previous audit finding concerning the maintenance of an accurate equipment roster and the absence of an annual physical inventory of equipment. This noncompliance persisted, with the lack of detailed records like purchase dates, vendor names, and equipment costs. The audit concluded with these findings, emphasizing the need for internal controls to document and verify equipment accurately. Despite these shortcomings, the audit process was cooperative, and discussions with relief association officials took place to address noted issues. This is an automated summary. Please rely on the contents included in the released audit report.