Final Audit Report 

of the Commission 

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 thajt 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 compliance 

with the Act.^ The audit 

determines whether the 

committee complied with 

the limitations, 

prohibitions and 

disclosure requirements 

of the Act. 

Future Action 

The Commission may 

initiate an enforcement 

action, at a later time, 

with respect to the matter 

discussed in this report. 

About the Campaign .(p.2) 

Amodei for Nevada is the principal campaign committee for 

Mark Ambdei, Republican caiididate for the U.S. House of 

Representatives fiem the state of Nevada, 2nd District, and. is 

headquartered in Carson City, Nevada. For more infomiation; 

see the Campaign Organization Chart, p. 2. 

Financial Activity (p. 2) 

• Receipts 

o Contributions fix>m Individuals 

o Contributions from Political 

Committees 

o Transfers, from Other Authorized 

Committees 

o Offsets to Operating 

Expenditures 

Total Receipts 

• Disbursements 

o Operating Expenditures 

o Transfers to Other Authorized 

Committees 

o Contribution Refunds 

o Other Disbursements 

Total Disbursements 

Commission Finding (p. 3) 

• Misstatement of Financial Activity 

$ 612,917 

693,646 

956 

4,039 

S 1,311,558 

$ 1,122,607 

4,500 

2,350 

1,250 

$ 1,130,707 

' On September 1,2014, the Federal Election Campaign Act of 19.71, as amended ("the Act"), was 

transferred from Title 2 of the United States Code to new Title 32 of the United States Code. 

^ 52U.S.C.§30Ill(b). 
Final Audit Report of 

the Commission on 

Amodei for Nevada 

(May 11, 2011 - December 31, 2012) 
Table of Contents 

Pagfe 

Part I. Background 

Authority for Audit 1 

Scope of Audit 1 

Audit Hearing 1 

Part II. Overview of Campaign 

Campaign Organization 2 

Overview of Financial Activity 2 

Part III. Summary 

Commission Finding 3 

Part IV. CommiiBSion Finding 

Misstatement of Financial Activity 4 
Parti 

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 tiie 

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

conducted the audit pursuant to 52 U.S.C. §30111(b), which permits the Commission.to | 

conduct audits and field investigations of any political committee that is required to file a 

report under 52 U.S.C. §30104. Prior to conducting any audit under this subsection, the 

Commission must perform an internal reyiev/ of reports filed by selected committees to 

determine if the reports hied by a particular committee meet the threshold requirements 

for substantial compliance with the Act. 52 U.S.C. §3011.1(b). 

Scope of Audit 

Following Cormnission-apprbved procedures, the Audit staff evaluated various risk 

factors and as a result, this audit examined: 

1. the receipt of excessive contributions; 

2. the receipt of contributions from prohibited sources; 

3. the disclosure of contributions received; 

4. the disclosure of individual contributors' occupation and name of employer; 

5. the consistency between reported figures and bank records; 

6. the completeness of records; and 

7. other campaign operations necessary to the review. 

Audit Hearing 

AFN declined the opportunity for a hearing before the Conunission on the matter 

presented in this report. 
Part II 

Overview of Campaign 

Campaign Organization 

Important Dates 

• Date of Registration May 9,2011 

• Audit Coverage May 11,2011 - December 31,2012 

Headquarters Carson City, Nevada 

Bank Information 

• Bank Depositories One 

• Bank Accounts One 

Treasurer 

• Treasurer When Audit Was Conducted Nicola Neilon 

• Treasurer During.Period Covered by Audit Nicola Neilon 

Management Information 

• Attended Commission Campaign Finance 

Seminar 

No 

• Who Handled Accounting and 

Recordkeeping Tasks 

Paid Staff 

Overview of Financial Activity 

(Audited Amounts) 

Cash-on-hand ® May 11,2011 SO 

Receipts 

o Contributions from Individuals 612,917 

o Contributions from Political Committees 693,646 

o Transfers from Other Authorized Committees 95.6 

o Offsets to Operating Expenditures 4,039 

Total Receipts $ 1,311,558 

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 S 1,130,707 

Cash-on-hand @ December 31,2012 S 180,851 
Part III 

Summary 

Commission Finding 

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 2012. AFN overstated ending 

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

amended its most recently filed disclosure report to correct the misstatement. 

The Commission approved a finding that AFN misstated its financial activity for calendar 

year 2012. (For more detail, see p. 4.) 
Part IV 

Commission Finding 

Misstatement of Financial Activity 

Summary 

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

records revealed a misstatement of ending cash-on-hand in 2012. AFN overstated ending 

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

amended its most recently filed disclosure report to correct the misstatement. 

The Commission approved a finding that AFN misstated its financial activity for calendar 

year 2012. 

Legal Standard 

Contents of Reports. Each report must disclose: 

• The amount of cash-on-hand at the beginning and end of the reporting period; 

• The total amount of receipts for the reporting period and for the election cycle; and 

• The total amount of disbursements for the rqiorting period and for the election cycle; 

52 U.S.C. §30104(b)(1), (2). and (4). 

Facts and Analysis 

A. Facts 

During audit fieldwork, the Audit staff reconciled AFN's reported financial activity with 

its bank records for calendar years 2011 and 2012. This review indicated that the ending 

cash-on-hand balance in 2012 was overstated by $7,700. The $7,700 overstatement of 

the ending cash-on-hand balance in 2012 resulted primarily from unreported 

disbursements. 

B. Interim Audit Report & Audit Division Recommendation 

The Audit staff discussed the misstatement for 2012 with AFN's representative during 

the exit conference and provided copies of relevant work papers detailing the 

misstatement. 

The Interim Audit Report recommended that AFN amend its most recently filed 

disclosure report to correct the cash-on-hand balance with an explanation that the change 

resulted fi-om a prior period 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. 

D. Draft Final Audit Report 

The Draft Final Audit Report.acknowledgdd that AEN fried an amended report that 

corrected the misstatement of financial activity. 

£. Committee. Response to the Draft Final Audit Report 

AFN's response, to .tjie Draft.Fin^ Audit Report provided no additional .comment^ 

ielatihg to this matter. 

Commission Conclusion 

On March 26,20IS, the Commission considered the Audit Division Recommendation 

Memorandum in which the Audit staff recommended the .Coinmission find that AFN 

misstated its financial activity for calendar year 2012. 

The Commission approved the Audit staffs recommendation.