Draft Final Audit Report 

of the Audit Division on 

Amodei for Nevada 

(May 11, 2011 - December 31, 2012) 

Why the Audit 

Was Done 

Federal law permits the 

Commission to conduct 

audits and field 

investigations of any 

political committee that is 

required to file reports 

under the Federal 

Election Campaign Act' 

(the Act). The 

Commission generally 

conducts such audits 

when a committee 

appears not to have met 

the threshold 

requirements for ^ 

substantial compliMi 

with the Act.^ The aud« 

determini 

commigd^Tcompliea^'A :?r. 

the li^i^ions, 

libiT 

disclosure^TilSMrements 

of the Act. 

Future Actim 

The Commission ma^^ 

initiate an enforcement 

action, at a later time, 

with respect to the matter 

discuss^ in this report. 

About the Campaign (p^ 

Amodei for Nevada is the prin^^clonpaign committee for 

Mark Amodei, Republican co^Mate for the US House of 

Representatives from the^^^e^^N.-vada, 2nd District, and is 

headquartered in Carsgg ^y, Nci <-i'!i. For more information. 

see the Campaign on Chai' 

Financ 

• Receipts 

o ...Contributions 

o ^^§®tributions fror 

irized 

Op^ting Expenditures 

ransfers to Other Authorized 

^Committees 

Contribution Refunds 

o Other Disbursements 

Total Disbursements 

$ 612,917 

693.646 

956 

4,039 

$ 1,311,558 

$ 1,122,607 

4,500 

2,350 

1,250 

$ 1,130,707 

Finding and Recommendation (p. 3) 

• Misstatement of Financial Activity 

' On September 1,2014, the Federal Election Campaign Act of 1971, as amended ("the Act"), was 

transferred from Title 2 of the United States Code to new Title 52 of the United States Code. 

' 52 U.S.C §3011 Kb) (Formerly 2 U.S.C. §438(b)). 
Draft Final Audit Report 

of the Audit Division on 

Amodei for Nevada 

(May 11, 2011 - December 31, 2012) 

-•tr 
Table of Contents 

Page 

Part I. Background 

Authority for Audit 

Scope of Audit 

Part II. Overview of Campaign 

Campaign Organization 

Overview of Financial Activity 

Part III. Summary 

Finding and Recommendation 

Part IV. Finding and Recommc 

Misstatement of Financial Activity 
Part I 

Background 

Authority for Audit 

This report is based on an audit of Amodei for Nevada (AFN), undertaken by the Audit 

Division of the Federal Election Commission (the Commission) in accordance with the 

Federal Election Campaign Act of 1971, as amended (the Act). The Audit Division 

conducted the audit pursuant to 52 U.S.C. §30111(b) (formerly 2 U.S.C. §438(b)), which 

permits the Commission to conduct audits and field investigatioi^^ny political 

committee that is required to file a report under 52 U.S.C. §3(|j|^(fmmerly 2 U.S.C. 

§434). Prior to conducting any audit under this subsection^i^ommission must 

perform an internal review of reports filed by selected cq^ 

reports filed by a particular committee meet the thresholtfrc ^ 

compliance with the Act. 52 U.S.C. §30111(b) (fpl^rl^^ U.S.C. §^ 

Scope of Audit 

Following Commission-approved procedures, the' 

factors and as a result, this audit exarnined: 

1. the receipt of excessive contributfenR: 

2. the receipt of contributions from p: .v.il-'ted.aources; 

3. the disclosure of contributions recei^ 

4. the disclosure of individual contribute 

5. the consistency betw.ee^^.p,orted figur^|^9 bank i 

6. the completeness I 

7. other campaignsll issarytothe w. 

I determine if the 

Lfor ))• substantial 

: Evaluated varii 

le of employer; 
Part II 

Overview of Campaign 

Campaign Organization 

Important Dates 

• Date of Registration May 9.2011 

• Audit Coverage May 11.2011^ecember 31,2012 

Headquarters Carson Cit^^^^^a 

Bank Information M 

• Bank Depositories 

• Bank Accounts oijr ~ 

Treasurer , 

• Treasurer When Audit Was Conducted NV:iy^eiyL^ r 

• Treasurer During Period Covered by Audit NicoHP^on 

Management Information W 

• Attended Commission Campaign Fin^iS^b. .No ' 

Seminar ' 

Who Handled Accounting and 

Recordkeeping Tasks 

[of Fin; dal Activity 

Loimts) 

Cash-on£iKlid @ May 11,'"^ $0 

Receipts " s. 

o Contributioi^l^ Individi^s 612,917 

o Contributions f^^^bPolitica^ommittees 693,646 

o Transfers from O^^Aiiit^rized Committees 956 

o Offsets to Operating ^^enditures 4,039 

Total Receipts $ 1311.558 

Disbursements 

o Operating Expenditures 1,122,607 

o Transfers to Other Authorized Committees 4,500 

o Contribution Refunds 2,350 

o Other Disbursements 1,250 

Total Disbursements $ 1,130,707 

Cash-on-hand @ December 31,2012 $ 180351 
Partm 

Summaiy 

Finding and Recommendation 

Misstatement of Financial Activity 

During audit fieldwork, a comparison of AFN's reported financial activity with its bank 

records revealed a misstatement of ending cash-on-hand in 2012g^^N overstated ending 

cash-on-hand by $7,700. In response to the Interim Audit R^^^recoiiunendation, AFN 

amended its most recently filed disclosure report to correcf^t^^sstatement. 

(For more detail, see p. 4.) 
Part IV 

Finding and Recommendation 

Misstatement of Financial Activity 

Summary 

During audit fieidwork, a comparison of AFN's reported financial activity with its bank 

records revealed a misstatement of ending cash-on-hand in 2012.1?^^^ overstated ending 

cash-on-hand by $7,700. In response to the Interim Audit Rep^ recommendation, AFN 

amended its most recently filed disclosure report to correQt3i^^:--'atement. 

Legal Standard 

Contents of Reports. Each report must dis 

• The amount of cash-on-hand at the beginiii:i:l end*Qf the reporting 

V the election^cle; and 

Rod and for the election cycle; 

8434(b)(1), (2), and (4)). 

AFN'Vteported financial activity with 

12. This review indicated that the ending 

overstated B"»^,700. The $7,700 overstatement of 

2 resultedprimarily from unreported 

• The total amount of receipts for the repoftmgi 

• The total amount of disbursements for the i 

52 U.S.C. §30104(b)(l), (2), and^ (formerly 2 

Facts and Anal3rsis 

A. Facts 

During audit fieldworl 

its bank records for 

cash-on-hand balw 

the ending cash-on-hani 

disbursem^i^y;^^^ 

B. InJ^rim Audit Rep^ Aili^tiJ^ivision Recommendation 

The Aa^j,^taff discussed nisst^^ent for 2012 with AFN's representative during 

the exit co^^^nce and pi ed copies of relevant work papers detailing the 

misstatemen^P^ 

The Interim Audi^^pji#r^inmended that AFN amend its most recently filed 

disclosure report to i^^ct the cash-on-hand balance with an explanation that the change 

resulted from a priofperiod adjustment. Further, it was recommended that AFN 

reconcile the ending cash-on-hand balance of its most recent report to identify any 

subsequent discrepancies that may affect the cash-on-hand balance. 

C. Committee Response to Interim Audit Report 

In response to the Interim Audit Report recommendation, AFN amended its most recently 

filed disclosure report. This amended report corrected the misstated cash-on-hand 

balance.