Audit 21920

FY End
2022-06-30
Total Expended
$770,415
Findings
16
Programs
14
Organization: School District of Shullsburg (WI)
Year: 2022 Accepted: 2022-11-29

Organization Exclusion Status:

Checking exclusion status...

Findings

ID Ref Severity Repeat Requirement
21987 2022-001 Material Weakness - P
21988 2022-001 Material Weakness - P
21989 2022-001 Material Weakness - P
21990 2022-001 Material Weakness - P
21991 2022-001 Material Weakness - P
21992 2022-001 Material Weakness - P
21993 2022-001 Material Weakness - P
21994 2022-001 Material Weakness - P
598429 2022-001 Material Weakness - P
598430 2022-001 Material Weakness - P
598431 2022-001 Material Weakness - P
598432 2022-001 Material Weakness - P
598433 2022-001 Material Weakness - P
598434 2022-001 Material Weakness - P
598435 2022-001 Material Weakness - P
598436 2022-001 Material Weakness - P

Programs

Contacts

Name Title Type
HB91Y46D9955 Mike Raso Auditee
6089654427 Shawn Roelli Auditor
No contacts on file

Notes to SEFA

Title: SUBRECIPIENTS Accounting Policies: The accompanying schedules of expenditures of federal and state awards include the federal and state grant activity of the School District of Shullsburg and are presented on the modified accrual basis of accounting. The information in these schedules are presented in accordance with the requirements Title 2. U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) and the State Single Audit Guidelines, issued by the Wisconsin Department of Administration. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the financial statements. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. There were no awards passed through to subrecipients.
Title: SPECIAL EDUCATION AND SCHOOL-AGE PARENTS AID Accounting Policies: The accompanying schedules of expenditures of federal and state awards include the federal and state grant activity of the School District of Shullsburg and are presented on the modified accrual basis of accounting. The information in these schedules are presented in accordance with the requirements Title 2. U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) and the State Single Audit Guidelines, issued by the Wisconsin Department of Administration. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the financial statements. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. 2021-2022 eligible costs under the Special Education and School-Age Parents program are $300,749. 2022-2023 estimated aid reimbursement under the program is $74,586.

Finding Details

Finding #2022-001 - Segregation of Duties Condition: The available office staff precludes a proper segregation of duties in the following control areas: cash receipts/revenues, cash disbursements, payroll, human resources and grant claims processing. Effect: Because of the lack of segregation of duties, errors or irregularities could occur and not be detected on a timely basis. Cause: Due to the small size of the District, there is only one person in the accounting department who records all transactions and performs all reconciliations. Criteria: Internal controls should be in place that provides adequate segregation of duties. Recommendation: Procedures should be implemented segregating duties among different employees. Management should continue to maintain a working knowledge of matters relating to the district?s operations. Response: We agree with this finding but due to the size of our District and financial constraints, we do not believe it is cost effective to increase the office staff in attempt to bring about more effective segregation of duties. The Board of Education reviews and approves a monthly treasurer?s report with all receipts, payroll and disbursements. Pay is based on contracts, salary schedules and letters of assignment, all of which are approved by the Board of Education. The District Administrator reviews and approves purchase orders and grant claims. The Administrator reviews and approves bank statements and cash reconciliations.
Finding #2022-001 - Segregation of Duties Condition: The available office staff precludes a proper segregation of duties in the following control areas: cash receipts/revenues, cash disbursements, payroll, human resources and grant claims processing. Effect: Because of the lack of segregation of duties, errors or irregularities could occur and not be detected on a timely basis. Cause: Due to the small size of the District, there is only one person in the accounting department who records all transactions and performs all reconciliations. Criteria: Internal controls should be in place that provides adequate segregation of duties. Recommendation: Procedures should be implemented segregating duties among different employees. Management should continue to maintain a working knowledge of matters relating to the district?s operations. Response: We agree with this finding but due to the size of our District and financial constraints, we do not believe it is cost effective to increase the office staff in attempt to bring about more effective segregation of duties. The Board of Education reviews and approves a monthly treasurer?s report with all receipts, payroll and disbursements. Pay is based on contracts, salary schedules and letters of assignment, all of which are approved by the Board of Education. The District Administrator reviews and approves purchase orders and grant claims. The Administrator reviews and approves bank statements and cash reconciliations.
Finding #2022-001 - Segregation of Duties Condition: The available office staff precludes a proper segregation of duties in the following control areas: cash receipts/revenues, cash disbursements, payroll, human resources and grant claims processing. Effect: Because of the lack of segregation of duties, errors or irregularities could occur and not be detected on a timely basis. Cause: Due to the small size of the District, there is only one person in the accounting department who records all transactions and performs all reconciliations. Criteria: Internal controls should be in place that provides adequate segregation of duties. Recommendation: Procedures should be implemented segregating duties among different employees. Management should continue to maintain a working knowledge of matters relating to the district?s operations. Response: We agree with this finding but due to the size of our District and financial constraints, we do not believe it is cost effective to increase the office staff in attempt to bring about more effective segregation of duties. The Board of Education reviews and approves a monthly treasurer?s report with all receipts, payroll and disbursements. Pay is based on contracts, salary schedules and letters of assignment, all of which are approved by the Board of Education. The District Administrator reviews and approves purchase orders and grant claims. The Administrator reviews and approves bank statements and cash reconciliations.
Finding #2022-001 - Segregation of Duties Condition: The available office staff precludes a proper segregation of duties in the following control areas: cash receipts/revenues, cash disbursements, payroll, human resources and grant claims processing. Effect: Because of the lack of segregation of duties, errors or irregularities could occur and not be detected on a timely basis. Cause: Due to the small size of the District, there is only one person in the accounting department who records all transactions and performs all reconciliations. Criteria: Internal controls should be in place that provides adequate segregation of duties. Recommendation: Procedures should be implemented segregating duties among different employees. Management should continue to maintain a working knowledge of matters relating to the district?s operations. Response: We agree with this finding but due to the size of our District and financial constraints, we do not believe it is cost effective to increase the office staff in attempt to bring about more effective segregation of duties. The Board of Education reviews and approves a monthly treasurer?s report with all receipts, payroll and disbursements. Pay is based on contracts, salary schedules and letters of assignment, all of which are approved by the Board of Education. The District Administrator reviews and approves purchase orders and grant claims. The Administrator reviews and approves bank statements and cash reconciliations.
Finding #2022-001 - Segregation of Duties Condition: The available office staff precludes a proper segregation of duties in the following control areas: cash receipts/revenues, cash disbursements, payroll, human resources and grant claims processing. Effect: Because of the lack of segregation of duties, errors or irregularities could occur and not be detected on a timely basis. Cause: Due to the small size of the District, there is only one person in the accounting department who records all transactions and performs all reconciliations. Criteria: Internal controls should be in place that provides adequate segregation of duties. Recommendation: Procedures should be implemented segregating duties among different employees. Management should continue to maintain a working knowledge of matters relating to the district?s operations. Response: We agree with this finding but due to the size of our District and financial constraints, we do not believe it is cost effective to increase the office staff in attempt to bring about more effective segregation of duties. The Board of Education reviews and approves a monthly treasurer?s report with all receipts, payroll and disbursements. Pay is based on contracts, salary schedules and letters of assignment, all of which are approved by the Board of Education. The District Administrator reviews and approves purchase orders and grant claims. The Administrator reviews and approves bank statements and cash reconciliations.
Finding #2022-001 - Segregation of Duties Condition: The available office staff precludes a proper segregation of duties in the following control areas: cash receipts/revenues, cash disbursements, payroll, human resources and grant claims processing. Effect: Because of the lack of segregation of duties, errors or irregularities could occur and not be detected on a timely basis. Cause: Due to the small size of the District, there is only one person in the accounting department who records all transactions and performs all reconciliations. Criteria: Internal controls should be in place that provides adequate segregation of duties. Recommendation: Procedures should be implemented segregating duties among different employees. Management should continue to maintain a working knowledge of matters relating to the district?s operations. Response: We agree with this finding but due to the size of our District and financial constraints, we do not believe it is cost effective to increase the office staff in attempt to bring about more effective segregation of duties. The Board of Education reviews and approves a monthly treasurer?s report with all receipts, payroll and disbursements. Pay is based on contracts, salary schedules and letters of assignment, all of which are approved by the Board of Education. The District Administrator reviews and approves purchase orders and grant claims. The Administrator reviews and approves bank statements and cash reconciliations.
Finding #2022-001 - Segregation of Duties Condition: The available office staff precludes a proper segregation of duties in the following control areas: cash receipts/revenues, cash disbursements, payroll, human resources and grant claims processing. Effect: Because of the lack of segregation of duties, errors or irregularities could occur and not be detected on a timely basis. Cause: Due to the small size of the District, there is only one person in the accounting department who records all transactions and performs all reconciliations. Criteria: Internal controls should be in place that provides adequate segregation of duties. Recommendation: Procedures should be implemented segregating duties among different employees. Management should continue to maintain a working knowledge of matters relating to the district?s operations. Response: We agree with this finding but due to the size of our District and financial constraints, we do not believe it is cost effective to increase the office staff in attempt to bring about more effective segregation of duties. The Board of Education reviews and approves a monthly treasurer?s report with all receipts, payroll and disbursements. Pay is based on contracts, salary schedules and letters of assignment, all of which are approved by the Board of Education. The District Administrator reviews and approves purchase orders and grant claims. The Administrator reviews and approves bank statements and cash reconciliations.
Finding #2022-001 - Segregation of Duties Condition: The available office staff precludes a proper segregation of duties in the following control areas: cash receipts/revenues, cash disbursements, payroll, human resources and grant claims processing. Effect: Because of the lack of segregation of duties, errors or irregularities could occur and not be detected on a timely basis. Cause: Due to the small size of the District, there is only one person in the accounting department who records all transactions and performs all reconciliations. Criteria: Internal controls should be in place that provides adequate segregation of duties. Recommendation: Procedures should be implemented segregating duties among different employees. Management should continue to maintain a working knowledge of matters relating to the district?s operations. Response: We agree with this finding but due to the size of our District and financial constraints, we do not believe it is cost effective to increase the office staff in attempt to bring about more effective segregation of duties. The Board of Education reviews and approves a monthly treasurer?s report with all receipts, payroll and disbursements. Pay is based on contracts, salary schedules and letters of assignment, all of which are approved by the Board of Education. The District Administrator reviews and approves purchase orders and grant claims. The Administrator reviews and approves bank statements and cash reconciliations.
Finding #2022-001 - Segregation of Duties Condition: The available office staff precludes a proper segregation of duties in the following control areas: cash receipts/revenues, cash disbursements, payroll, human resources and grant claims processing. Effect: Because of the lack of segregation of duties, errors or irregularities could occur and not be detected on a timely basis. Cause: Due to the small size of the District, there is only one person in the accounting department who records all transactions and performs all reconciliations. Criteria: Internal controls should be in place that provides adequate segregation of duties. Recommendation: Procedures should be implemented segregating duties among different employees. Management should continue to maintain a working knowledge of matters relating to the district?s operations. Response: We agree with this finding but due to the size of our District and financial constraints, we do not believe it is cost effective to increase the office staff in attempt to bring about more effective segregation of duties. The Board of Education reviews and approves a monthly treasurer?s report with all receipts, payroll and disbursements. Pay is based on contracts, salary schedules and letters of assignment, all of which are approved by the Board of Education. The District Administrator reviews and approves purchase orders and grant claims. The Administrator reviews and approves bank statements and cash reconciliations.
Finding #2022-001 - Segregation of Duties Condition: The available office staff precludes a proper segregation of duties in the following control areas: cash receipts/revenues, cash disbursements, payroll, human resources and grant claims processing. Effect: Because of the lack of segregation of duties, errors or irregularities could occur and not be detected on a timely basis. Cause: Due to the small size of the District, there is only one person in the accounting department who records all transactions and performs all reconciliations. Criteria: Internal controls should be in place that provides adequate segregation of duties. Recommendation: Procedures should be implemented segregating duties among different employees. Management should continue to maintain a working knowledge of matters relating to the district?s operations. Response: We agree with this finding but due to the size of our District and financial constraints, we do not believe it is cost effective to increase the office staff in attempt to bring about more effective segregation of duties. The Board of Education reviews and approves a monthly treasurer?s report with all receipts, payroll and disbursements. Pay is based on contracts, salary schedules and letters of assignment, all of which are approved by the Board of Education. The District Administrator reviews and approves purchase orders and grant claims. The Administrator reviews and approves bank statements and cash reconciliations.
Finding #2022-001 - Segregation of Duties Condition: The available office staff precludes a proper segregation of duties in the following control areas: cash receipts/revenues, cash disbursements, payroll, human resources and grant claims processing. Effect: Because of the lack of segregation of duties, errors or irregularities could occur and not be detected on a timely basis. Cause: Due to the small size of the District, there is only one person in the accounting department who records all transactions and performs all reconciliations. Criteria: Internal controls should be in place that provides adequate segregation of duties. Recommendation: Procedures should be implemented segregating duties among different employees. Management should continue to maintain a working knowledge of matters relating to the district?s operations. Response: We agree with this finding but due to the size of our District and financial constraints, we do not believe it is cost effective to increase the office staff in attempt to bring about more effective segregation of duties. The Board of Education reviews and approves a monthly treasurer?s report with all receipts, payroll and disbursements. Pay is based on contracts, salary schedules and letters of assignment, all of which are approved by the Board of Education. The District Administrator reviews and approves purchase orders and grant claims. The Administrator reviews and approves bank statements and cash reconciliations.
Finding #2022-001 - Segregation of Duties Condition: The available office staff precludes a proper segregation of duties in the following control areas: cash receipts/revenues, cash disbursements, payroll, human resources and grant claims processing. Effect: Because of the lack of segregation of duties, errors or irregularities could occur and not be detected on a timely basis. Cause: Due to the small size of the District, there is only one person in the accounting department who records all transactions and performs all reconciliations. Criteria: Internal controls should be in place that provides adequate segregation of duties. Recommendation: Procedures should be implemented segregating duties among different employees. Management should continue to maintain a working knowledge of matters relating to the district?s operations. Response: We agree with this finding but due to the size of our District and financial constraints, we do not believe it is cost effective to increase the office staff in attempt to bring about more effective segregation of duties. The Board of Education reviews and approves a monthly treasurer?s report with all receipts, payroll and disbursements. Pay is based on contracts, salary schedules and letters of assignment, all of which are approved by the Board of Education. The District Administrator reviews and approves purchase orders and grant claims. The Administrator reviews and approves bank statements and cash reconciliations.
Finding #2022-001 - Segregation of Duties Condition: The available office staff precludes a proper segregation of duties in the following control areas: cash receipts/revenues, cash disbursements, payroll, human resources and grant claims processing. Effect: Because of the lack of segregation of duties, errors or irregularities could occur and not be detected on a timely basis. Cause: Due to the small size of the District, there is only one person in the accounting department who records all transactions and performs all reconciliations. Criteria: Internal controls should be in place that provides adequate segregation of duties. Recommendation: Procedures should be implemented segregating duties among different employees. Management should continue to maintain a working knowledge of matters relating to the district?s operations. Response: We agree with this finding but due to the size of our District and financial constraints, we do not believe it is cost effective to increase the office staff in attempt to bring about more effective segregation of duties. The Board of Education reviews and approves a monthly treasurer?s report with all receipts, payroll and disbursements. Pay is based on contracts, salary schedules and letters of assignment, all of which are approved by the Board of Education. The District Administrator reviews and approves purchase orders and grant claims. The Administrator reviews and approves bank statements and cash reconciliations.
Finding #2022-001 - Segregation of Duties Condition: The available office staff precludes a proper segregation of duties in the following control areas: cash receipts/revenues, cash disbursements, payroll, human resources and grant claims processing. Effect: Because of the lack of segregation of duties, errors or irregularities could occur and not be detected on a timely basis. Cause: Due to the small size of the District, there is only one person in the accounting department who records all transactions and performs all reconciliations. Criteria: Internal controls should be in place that provides adequate segregation of duties. Recommendation: Procedures should be implemented segregating duties among different employees. Management should continue to maintain a working knowledge of matters relating to the district?s operations. Response: We agree with this finding but due to the size of our District and financial constraints, we do not believe it is cost effective to increase the office staff in attempt to bring about more effective segregation of duties. The Board of Education reviews and approves a monthly treasurer?s report with all receipts, payroll and disbursements. Pay is based on contracts, salary schedules and letters of assignment, all of which are approved by the Board of Education. The District Administrator reviews and approves purchase orders and grant claims. The Administrator reviews and approves bank statements and cash reconciliations.
Finding #2022-001 - Segregation of Duties Condition: The available office staff precludes a proper segregation of duties in the following control areas: cash receipts/revenues, cash disbursements, payroll, human resources and grant claims processing. Effect: Because of the lack of segregation of duties, errors or irregularities could occur and not be detected on a timely basis. Cause: Due to the small size of the District, there is only one person in the accounting department who records all transactions and performs all reconciliations. Criteria: Internal controls should be in place that provides adequate segregation of duties. Recommendation: Procedures should be implemented segregating duties among different employees. Management should continue to maintain a working knowledge of matters relating to the district?s operations. Response: We agree with this finding but due to the size of our District and financial constraints, we do not believe it is cost effective to increase the office staff in attempt to bring about more effective segregation of duties. The Board of Education reviews and approves a monthly treasurer?s report with all receipts, payroll and disbursements. Pay is based on contracts, salary schedules and letters of assignment, all of which are approved by the Board of Education. The District Administrator reviews and approves purchase orders and grant claims. The Administrator reviews and approves bank statements and cash reconciliations.
Finding #2022-001 - Segregation of Duties Condition: The available office staff precludes a proper segregation of duties in the following control areas: cash receipts/revenues, cash disbursements, payroll, human resources and grant claims processing. Effect: Because of the lack of segregation of duties, errors or irregularities could occur and not be detected on a timely basis. Cause: Due to the small size of the District, there is only one person in the accounting department who records all transactions and performs all reconciliations. Criteria: Internal controls should be in place that provides adequate segregation of duties. Recommendation: Procedures should be implemented segregating duties among different employees. Management should continue to maintain a working knowledge of matters relating to the district?s operations. Response: We agree with this finding but due to the size of our District and financial constraints, we do not believe it is cost effective to increase the office staff in attempt to bring about more effective segregation of duties. The Board of Education reviews and approves a monthly treasurer?s report with all receipts, payroll and disbursements. Pay is based on contracts, salary schedules and letters of assignment, all of which are approved by the Board of Education. The District Administrator reviews and approves purchase orders and grant claims. The Administrator reviews and approves bank statements and cash reconciliations.