Good Will Steam Fire Engine Company #1 Volunteer Firemen’s Relief Association – Montgomery County – Audit Period January 1, 2020 to December 31, 2024

A compliance audit was conducted for the Good Will Steam Fire Engine Company #1 Volunteer Firemen’s Relief Association in Montgomery County, Pennsylvania, covering January 1, 2020, to December 31, 2024. The audit aimed to verify corrective actions from a previous audit and compliance with state laws regarding the management of state aid and spending of relief association funds. While appropriate corrective actions were taken for past issues, several significant findings were noted. These included unauthorized expenditure, lack of duty segregation among officers, inadequate signatory authority, insufficient financial record-keeping, and incomplete equipment inventories. The audit urged the relief association to implement recommended changes promptly. Overall, the association is encouraged to strengthen internal controls and record-keeping to align with regulations, ensuring the efficient and lawful use of public funds. This is an automated summary. Please rely on the contents included in the released audit report.