FAC Explorer

Finding 1081122 (2023-001)

Material Weakness Repeat Finding
Requirement
ABFN
Questioned Costs
-
Year
2023
Accepted
2024-11-05
Audit: 327277
Organization: Woonsocket School District No. 55-4 (SD)
Auditor: Schoenfish & CO INC

AI Summary

  • Answer: There is a material weakness in internal controls related to revenue management.
  • Trend: This issue highlights ongoing risks in compliance requirements.
  • List: Implement proper segregation of duties to strengthen internal controls.

Finding Text

A material weakness in internal controls was noted due to a lack of proper segregation of duties for revenues which affect the compliance requirement category.

Categories

Internal Control / Segregation of Duties Material Weakness

Other Findings in this Audit

  • 504679 2023-001
    Material Weakness Repeat
  • 504680 2023-001
    Material Weakness Repeat
  • 1081121 2023-001
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
84.425 Education Stabilization Fund $523,350
10.555 National School Lunch Program $76,314
84.010 Title I Grants to Local Educational Agencies $70,186
84.027 Special Education Grants to States $62,287
10.553 School Breakfast Program $17,648
84.367 Supporting Effective Instruction State Grants (formerly Improving Teacher Quality State Grants) $16,242
10.582 Fresh Fruit and Vegetable Program $12,552
84.424 Student Support and Academic Enrichment Program $10,000
84.358 Rural Education $9,849
84.173 Special Education Preschool Grants $2,162