FAC Explorer

Audit 313202

FY End
2022-08-31
Total Expended
$1.14M
Findings
4
Programs
9
Organization: Kennard Independent School District (TX)
Year: 2022 Accepted: 2022-11-16
Auditor: Axley & Rode LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
447653 2022-001 Significant Deficiency - AN
447654 2022-001 Significant Deficiency - AN
1024095 2022-001 Significant Deficiency - AN
1024096 2022-001 Significant Deficiency - AN

Programs

ALN Program Spent Major Findings
84.425 Education Stabilization Fund $250,108 Yes 1
84.010 Title I Grants to Local Educational Agencies $167,348 - 0
10.555 National School Lunch Program $97,689 - 0
10.666 Schools and Roads - Grants to Counties $45,158 - 0
10.553 School Breakfast Program $39,927 - 0
84.424 Student Support and Academic Enrichment Program $18,030 - 0
93.354 Public Health Emergency Response: Cooperative Agreement for Emergency Response: Public Health Crisis Response $16,788 - 0
84.367 Improving Teacher Quality State Grants $16,368 - 0
10.565 Commodity Supplemental Food Program $16,254 - 0

Contacts

Name Title Type
H2RCBLMNSMN5 Cari Parrish Auditee
9366552161 Eric Carver Auditor
No contacts on file

Notes to SEFA

Accounting Policies: Basis of PresentationThe accompanying schedule of expenditures of federal awards (SEFA) includes the federal grant activity of Kennard IndependentSchool District and is presented on the modified accrual basis of accounting. The information in this schedule is presented on themodified accrual basis of accounting. The information in this schedule is presented in accordance with the audit requirements ofTitle 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirementsfor Federal Awards (Uniform Guidance). Therefore, some amounts presented in this schedule may differ from amounts presentedin the general purpose financial statements.Relationship to Basic Financial StatementsFederal programs are reported in the District's fund financial statements.Other NotesThe period of availability of federal grant funds for the purpose of liquidation of outstanding obligations made on or before theending date of the project period may extend 30 days beyond the project period ending date, in accordance with provisions inSection H, Period of Availability of Federal Funds, Part 3, Uniform Guidance.The District has no indirect cost in the federal programs. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate.

Finding Details

Finding 2022-001
Segregation of dutiesCondition - Due to the limited number of personnel, a segregation of certain accounting functions was not possible.Criteria - Proper segregation of duties should ensure segregation of the recording, authorizing, and custody functions.Effect - Improper segregation might not have allowed management, in performing their assigned functions, to provent,or detect and correct misstatements on a timely basis.Cause - The District has limited resources and personnel within the business office.Recommendation - We recommend that the Board and management continue to monitor the internal control proceduresin use to assume that compensating controls are utilized to provide assurance that assets are safeguarded andtransactions are proper and recorded in a timely manner. These actions will mitigate, but not eliminate the risk ofmisstatements or misappropriations.Contact - SuperintendentTimeframe - Continuing
Finding 2022-001
Segregation of dutiesCondition - Due to the limited number of personnel, a segregation of certain accounting functions was not possible.Criteria - Proper segregation of duties should ensure segregation of the recording, authorizing, and custody functions.Effect - Improper segregation might not have allowed management, in performing their assigned functions, to provent,or detect and correct misstatements on a timely basis.Cause - The District has limited resources and personnel within the business office.Recommendation - We recommend that the Board and management continue to monitor the internal control proceduresin use to assume that compensating controls are utilized to provide assurance that assets are safeguarded andtransactions are proper and recorded in a timely manner. These actions will mitigate, but not eliminate the risk ofmisstatements or misappropriations.Contact - SuperintendentTimeframe - Continuing
Finding 2022-001
Segregation of dutiesCondition - Due to the limited number of personnel, a segregation of certain accounting functions was not possible.Criteria - Proper segregation of duties should ensure segregation of the recording, authorizing, and custody functions.Effect - Improper segregation might not have allowed management, in performing their assigned functions, to provent,or detect and correct misstatements on a timely basis.Cause - The District has limited resources and personnel within the business office.Recommendation - We recommend that the Board and management continue to monitor the internal control proceduresin use to assume that compensating controls are utilized to provide assurance that assets are safeguarded andtransactions are proper and recorded in a timely manner. These actions will mitigate, but not eliminate the risk ofmisstatements or misappropriations.Contact - SuperintendentTimeframe - Continuing
Finding 2022-001
Segregation of dutiesCondition - Due to the limited number of personnel, a segregation of certain accounting functions was not possible.Criteria - Proper segregation of duties should ensure segregation of the recording, authorizing, and custody functions.Effect - Improper segregation might not have allowed management, in performing their assigned functions, to provent,or detect and correct misstatements on a timely basis.Cause - The District has limited resources and personnel within the business office.Recommendation - We recommend that the Board and management continue to monitor the internal control proceduresin use to assume that compensating controls are utilized to provide assurance that assets are safeguarded andtransactions are proper and recorded in a timely manner. These actions will mitigate, but not eliminate the risk ofmisstatements or misappropriations.Contact - SuperintendentTimeframe - Continuing