Interim 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 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 Amodei, Republican candidate for the United States House 

of Representatives from the state of Nevada, 2nd District, and is 

headquartered in Carson City, Nevada. For more information, 

see the Campaign Organization Chart, p. 2. 

Financial Activity (p. 2) 

• Receipts 

o Contributions from 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 

$ 612,917 

693,646 

956 

4,039 

$ 1,311,558 

$ 1,122,607 

4,500 

2,350 

1,250 

S 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 S2 of the United States Code. 

' 52 U.S.C §30111(b) (Formerly 2 U.S.C. §438(b)). 
Interim Audit Report of the Audit 

Division on Amodei for Nevada 

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

Page 

Part I. Background 

Authority for Audit 1 

Scope of Audit 1 

Part II. Overview of Campaign 

Campaign Organization 2 

Overview of Financial Activity 2 

Part III. Summary 

Finding and Recommendation 3 

Part IV. Finding and Recommendation 

Misstatement of Financial Activity 4 
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 Conunission) 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 investigations of any political 

committee that is required to file a report under 52 U.S.C. §30104 (Formerly 2 U.S.C. 

§434). Prior to conducting any audit under this subsection, the Commission must 

perform an internal review of reports filed by selected committees to determine if the 

reports filed by a particular committee meet the threshold requirements for substantial 

compliance with the Act. 52 U.S.C. §30111(b) (Formerly 2 U.S.C. §438(b)). 

Scope of Audit 

Following Commission-approved 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. 
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 Sttff 

Overview of Financial Activity 

(Audited Amounts) 

Cash-on-hand ® May 11,2011 SO 

Receipts 

o Contributions from Individuals 612,917 

o Contributions from Political Conunittees 693,646 

o Transfers from Other Authorized Committees 956 

o Offsets to Operating Expenditures 4,039 

Total Receipts S 1,311,558 

Disbursements 

o Operating Expenditures 1,122,607 

o Transfers to Other Authorized Conunittees 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 

Finding and Recommendation 

Misstatement of Financial Activity 

During audit fieldwork, a comparison of AFN's reported financial activi^ .yvij^ its b^ 

records revealed a misstatement of ending cashTon'-hand in 20!l2. AI%..d.verslated ending 

cash-oii^hand by $7,700. . The Audit staff recpinmehds th^tAI^ ainendi^ niosit;;recen% 

filed .disclosure report to correct the misstateihent< 

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

Finding and Recommendation 

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 S7,700. The Audit staff recommends that AFN amend its most recently 

filed disclosure report to correct the misstatement. 

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 reporting period and for the election cycle; 

52 U.S.C. §30104(b)(I), (2), and (4) (Formerly 2 U.S.C. §434(b)(l). (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 Audit staff recommends that, within 30 calendar days of service of this report, AFN 

amend its most recently filed disclosure report to correct the cash-on-hand balance with 

an explanation that the change resulted from a prior period adjustment. Further, AFN 

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

subsequent discrepancies that may affect the adjustment recommended by the Audit staff.