FAC Explorer

Audit 37424

FY End
2022-06-30
Total Expended
$1.33M
Findings
12
Programs
3
Organization: Gateway Public Schools (CA)
Year: 2022 Accepted: 2023-01-12
Auditor: Mayer Hoffman McCann PC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
40157 2022-001 Significant Deficiency - A
40158 2022-001 Significant Deficiency - A
40159 2022-001 Significant Deficiency - A
40160 2022-001 Significant Deficiency - A
40161 2022-001 Significant Deficiency - A
40162 2022-001 Significant Deficiency - A
616599 2022-001 Significant Deficiency - A
616600 2022-001 Significant Deficiency - A
616601 2022-001 Significant Deficiency - A
616602 2022-001 Significant Deficiency - A
616603 2022-001 Significant Deficiency - A
616604 2022-001 Significant Deficiency - A

Programs

ALN Program Spent Major Findings
84.425 Education Stabilization Fund $203,571 Yes 1
84.010 Title I Grants to Local Educational Agencies $154,460 - 0
84.367 Improving Teacher Quality State Grants $24,557 - 0

Contacts

Name Title Type
CKVKNWDYSMM3 Chris Hero Auditee
4157493600 Jennifer Harris Auditor
No contacts on file

Notes to SEFA

Title: Basis of Presentation Accounting Policies: Expenditures reported on this Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal award activity of the Organization under programs of the federal government for the year ended June 30, 2022. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the Organization, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Organization.
Title: Indirect Cost Rate Accounting Policies: Expenditures reported on this Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The Organization has no indirect cost rate agreement with the programs of the federal government.

Finding Details

Finding 2022-001
Program: Elementary and Secondary Education (84.425) Criteria: The Organization should ensure all non-routine journal entries are reviewed and approved. Condition: There is no formal review and approval of journal entries posted to the general ledger. There are several recurring month and year end closing entries subject to certain compensating controls. Compensating controls in place are review and approval of monthly investment statements, approval of payroll registers, and government revenue reconciliation. Context: Journal entries outside of the routine monthly reconciliation processes are not reviewed and approved. Questioned Costs: None identified. Effect: Erroneous journal entries may be posted to the Organization?s accounting records resulting in a misstatement of the account balances. Cause: Lack of formal review and approval process. Recommendation: We recommend a formal journal entry review and approval process be developed and implemented. Views of Responsible Officials: Management agreed with finding.
Finding 2022-001
Program: Elementary and Secondary Education (84.425) Criteria: The Organization should ensure all non-routine journal entries are reviewed and approved. Condition: There is no formal review and approval of journal entries posted to the general ledger. There are several recurring month and year end closing entries subject to certain compensating controls. Compensating controls in place are review and approval of monthly investment statements, approval of payroll registers, and government revenue reconciliation. Context: Journal entries outside of the routine monthly reconciliation processes are not reviewed and approved. Questioned Costs: None identified. Effect: Erroneous journal entries may be posted to the Organization?s accounting records resulting in a misstatement of the account balances. Cause: Lack of formal review and approval process. Recommendation: We recommend a formal journal entry review and approval process be developed and implemented. Views of Responsible Officials: Management agreed with finding.
Finding 2022-001
Program: Elementary and Secondary Education (84.425) Criteria: The Organization should ensure all non-routine journal entries are reviewed and approved. Condition: There is no formal review and approval of journal entries posted to the general ledger. There are several recurring month and year end closing entries subject to certain compensating controls. Compensating controls in place are review and approval of monthly investment statements, approval of payroll registers, and government revenue reconciliation. Context: Journal entries outside of the routine monthly reconciliation processes are not reviewed and approved. Questioned Costs: None identified. Effect: Erroneous journal entries may be posted to the Organization?s accounting records resulting in a misstatement of the account balances. Cause: Lack of formal review and approval process. Recommendation: We recommend a formal journal entry review and approval process be developed and implemented. Views of Responsible Officials: Management agreed with finding.
Finding 2022-001
Program: Elementary and Secondary Education (84.425) Criteria: The Organization should ensure all non-routine journal entries are reviewed and approved. Condition: There is no formal review and approval of journal entries posted to the general ledger. There are several recurring month and year end closing entries subject to certain compensating controls. Compensating controls in place are review and approval of monthly investment statements, approval of payroll registers, and government revenue reconciliation. Context: Journal entries outside of the routine monthly reconciliation processes are not reviewed and approved. Questioned Costs: None identified. Effect: Erroneous journal entries may be posted to the Organization?s accounting records resulting in a misstatement of the account balances. Cause: Lack of formal review and approval process. Recommendation: We recommend a formal journal entry review and approval process be developed and implemented. Views of Responsible Officials: Management agreed with finding.
Finding 2022-001
Program: Elementary and Secondary Education (84.425) Criteria: The Organization should ensure all non-routine journal entries are reviewed and approved. Condition: There is no formal review and approval of journal entries posted to the general ledger. There are several recurring month and year end closing entries subject to certain compensating controls. Compensating controls in place are review and approval of monthly investment statements, approval of payroll registers, and government revenue reconciliation. Context: Journal entries outside of the routine monthly reconciliation processes are not reviewed and approved. Questioned Costs: None identified. Effect: Erroneous journal entries may be posted to the Organization?s accounting records resulting in a misstatement of the account balances. Cause: Lack of formal review and approval process. Recommendation: We recommend a formal journal entry review and approval process be developed and implemented. Views of Responsible Officials: Management agreed with finding.
Finding 2022-001
Program: Elementary and Secondary Education (84.425) Criteria: The Organization should ensure all non-routine journal entries are reviewed and approved. Condition: There is no formal review and approval of journal entries posted to the general ledger. There are several recurring month and year end closing entries subject to certain compensating controls. Compensating controls in place are review and approval of monthly investment statements, approval of payroll registers, and government revenue reconciliation. Context: Journal entries outside of the routine monthly reconciliation processes are not reviewed and approved. Questioned Costs: None identified. Effect: Erroneous journal entries may be posted to the Organization?s accounting records resulting in a misstatement of the account balances. Cause: Lack of formal review and approval process. Recommendation: We recommend a formal journal entry review and approval process be developed and implemented. Views of Responsible Officials: Management agreed with finding.
Finding 2022-001
Program: Elementary and Secondary Education (84.425) Criteria: The Organization should ensure all non-routine journal entries are reviewed and approved. Condition: There is no formal review and approval of journal entries posted to the general ledger. There are several recurring month and year end closing entries subject to certain compensating controls. Compensating controls in place are review and approval of monthly investment statements, approval of payroll registers, and government revenue reconciliation. Context: Journal entries outside of the routine monthly reconciliation processes are not reviewed and approved. Questioned Costs: None identified. Effect: Erroneous journal entries may be posted to the Organization?s accounting records resulting in a misstatement of the account balances. Cause: Lack of formal review and approval process. Recommendation: We recommend a formal journal entry review and approval process be developed and implemented. Views of Responsible Officials: Management agreed with finding.
Finding 2022-001
Program: Elementary and Secondary Education (84.425) Criteria: The Organization should ensure all non-routine journal entries are reviewed and approved. Condition: There is no formal review and approval of journal entries posted to the general ledger. There are several recurring month and year end closing entries subject to certain compensating controls. Compensating controls in place are review and approval of monthly investment statements, approval of payroll registers, and government revenue reconciliation. Context: Journal entries outside of the routine monthly reconciliation processes are not reviewed and approved. Questioned Costs: None identified. Effect: Erroneous journal entries may be posted to the Organization?s accounting records resulting in a misstatement of the account balances. Cause: Lack of formal review and approval process. Recommendation: We recommend a formal journal entry review and approval process be developed and implemented. Views of Responsible Officials: Management agreed with finding.
Finding 2022-001
Program: Elementary and Secondary Education (84.425) Criteria: The Organization should ensure all non-routine journal entries are reviewed and approved. Condition: There is no formal review and approval of journal entries posted to the general ledger. There are several recurring month and year end closing entries subject to certain compensating controls. Compensating controls in place are review and approval of monthly investment statements, approval of payroll registers, and government revenue reconciliation. Context: Journal entries outside of the routine monthly reconciliation processes are not reviewed and approved. Questioned Costs: None identified. Effect: Erroneous journal entries may be posted to the Organization?s accounting records resulting in a misstatement of the account balances. Cause: Lack of formal review and approval process. Recommendation: We recommend a formal journal entry review and approval process be developed and implemented. Views of Responsible Officials: Management agreed with finding.
Finding 2022-001
Program: Elementary and Secondary Education (84.425) Criteria: The Organization should ensure all non-routine journal entries are reviewed and approved. Condition: There is no formal review and approval of journal entries posted to the general ledger. There are several recurring month and year end closing entries subject to certain compensating controls. Compensating controls in place are review and approval of monthly investment statements, approval of payroll registers, and government revenue reconciliation. Context: Journal entries outside of the routine monthly reconciliation processes are not reviewed and approved. Questioned Costs: None identified. Effect: Erroneous journal entries may be posted to the Organization?s accounting records resulting in a misstatement of the account balances. Cause: Lack of formal review and approval process. Recommendation: We recommend a formal journal entry review and approval process be developed and implemented. Views of Responsible Officials: Management agreed with finding.
Finding 2022-001
Program: Elementary and Secondary Education (84.425) Criteria: The Organization should ensure all non-routine journal entries are reviewed and approved. Condition: There is no formal review and approval of journal entries posted to the general ledger. There are several recurring month and year end closing entries subject to certain compensating controls. Compensating controls in place are review and approval of monthly investment statements, approval of payroll registers, and government revenue reconciliation. Context: Journal entries outside of the routine monthly reconciliation processes are not reviewed and approved. Questioned Costs: None identified. Effect: Erroneous journal entries may be posted to the Organization?s accounting records resulting in a misstatement of the account balances. Cause: Lack of formal review and approval process. Recommendation: We recommend a formal journal entry review and approval process be developed and implemented. Views of Responsible Officials: Management agreed with finding.
Finding 2022-001
Program: Elementary and Secondary Education (84.425) Criteria: The Organization should ensure all non-routine journal entries are reviewed and approved. Condition: There is no formal review and approval of journal entries posted to the general ledger. There are several recurring month and year end closing entries subject to certain compensating controls. Compensating controls in place are review and approval of monthly investment statements, approval of payroll registers, and government revenue reconciliation. Context: Journal entries outside of the routine monthly reconciliation processes are not reviewed and approved. Questioned Costs: None identified. Effect: Erroneous journal entries may be posted to the Organization?s accounting records resulting in a misstatement of the account balances. Cause: Lack of formal review and approval process. Recommendation: We recommend a formal journal entry review and approval process be developed and implemented. Views of Responsible Officials: Management agreed with finding.