Paoli Volunteer Firemen’s Relief Association of Tredyffrin Township, Chester County, Pennsylvania – Audit Period January 1, 2021 to December 31, 2024

The compliance audit of the Paoli Volunteer Firemen’s Relief Association for January 1, 2021, to December 31, 2024, focused on corrective actions from the prior audit and overall compliance with state laws and procedures regarding state aid receipt and fund expenditure. The audit determined that appropriate corrective actions were implemented, and compliance with relevant laws and procedures was largely maintained. However, three findings noted areas of concern: an improper vehicle donation transaction, failure to receive proceeds from a jointly purchased vehicle sale, and an incomplete membership roster. Additionally, an observation was made regarding FDIC coverage limits being exceeded. The audit included discussions with the management of the relief association, incorporating their feedback as appropriate. The audit procedures aimed to ensure compliance and the safeguarding of assets, highlighting the importance of maintaining effective internal controls. The report thanks the relief association’s officials for their cooperation and outlines specific recommendations for improvement. This is an automated summary. Please rely on the contents included in the released audit report.