FAC Explorer

Audit 41018

FY End
2022-06-30
Total Expended
$1.06M
Findings
8
Programs
3
Organization: Cornbelt Educational Cooperative (SD)
Year: 2022 Accepted: 2022-11-01
Auditor: Schoenfish & CO INC

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
46931 2022-001 Material Weakness Yes L
46932 2022-001 Material Weakness Yes L
46933 2022-001 Material Weakness Yes L
46934 2022-001 Material Weakness Yes L
623373 2022-001 Material Weakness Yes L
623374 2022-001 Material Weakness Yes L
623375 2022-001 Material Weakness Yes L
623376 2022-001 Material Weakness Yes L

Programs

ALN Program Spent Major Findings
84.027 Special Education_grants to States $163,806 Yes 1
84.425 Education Stabilization Fund $97,180 - 0
84.173 Special Education_preschool Grants $14,503 Yes 1

Contacts

Name Title Type
LZ2AVAB77P39 Pam Selken Auditee
6052710218 Randy Schoenfish Auditor
No contacts on file

Notes to SEFA

Accounting Policies: Expenditures reported on the Schedule are reported on the modified 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. The Cooperative has not elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate.

Finding Details

Finding 2022-001
A material weakness in internal controls was noted due to a lack of proper segregation of duties for revenues. This affects the reporting requirements for Special Education ? Grants to States, CFDA No. 84.027 and Special Education - Preschool Grants, CFDA No. 84.173.
Finding 2022-001
A material weakness in internal controls was noted due to a lack of proper segregation of duties for revenues. This affects the reporting requirements for Special Education ? Grants to States, CFDA No. 84.027 and Special Education - Preschool Grants, CFDA No. 84.173.
Finding 2022-001
A material weakness in internal controls was noted due to a lack of proper segregation of duties for revenues. This affects the reporting requirements for Special Education ? Grants to States, CFDA No. 84.027 and Special Education - Preschool Grants, CFDA No. 84.173.
Finding 2022-001
A material weakness in internal controls was noted due to a lack of proper segregation of duties for revenues. This affects the reporting requirements for Special Education ? Grants to States, CFDA No. 84.027 and Special Education - Preschool Grants, CFDA No. 84.173.
Finding 2022-001
A material weakness in internal controls was noted due to a lack of proper segregation of duties for revenues. This affects the reporting requirements for Special Education ? Grants to States, CFDA No. 84.027 and Special Education - Preschool Grants, CFDA No. 84.173.
Finding 2022-001
A material weakness in internal controls was noted due to a lack of proper segregation of duties for revenues. This affects the reporting requirements for Special Education ? Grants to States, CFDA No. 84.027 and Special Education - Preschool Grants, CFDA No. 84.173.
Finding 2022-001
A material weakness in internal controls was noted due to a lack of proper segregation of duties for revenues. This affects the reporting requirements for Special Education ? Grants to States, CFDA No. 84.027 and Special Education - Preschool Grants, CFDA No. 84.173.
Finding 2022-001
A material weakness in internal controls was noted due to a lack of proper segregation of duties for revenues. This affects the reporting requirements for Special Education ? Grants to States, CFDA No. 84.027 and Special Education - Preschool Grants, CFDA No. 84.173.