FAC Explorer

Finding 1089381 (2024-001)

Material Weakness Repeat Finding
Requirement
P
Questioned Costs
-
Year
2024
Accepted
2024-12-03
Audit: 330733
Organization: Glenwood Community School District (IA)
Auditor: Anderson Larkin & CO PC

AI Summary

  • Core Issue: One employee has control over multiple incompatible duties related to federal programs, risking errors or fraud.
  • Impacted Requirements: The lack of proper segregation of duties violates internal control standards.
  • Recommended Follow-Up: Implement a system to separate these duties among different employees to enhance oversight and accountability.

Finding Text

IIi-A-24 Segregation of Duties over Federal Receipts and Disbursements – One important aspect of the internal control structure is the segregation of duties among employees to prevent an individual employee from handling duties which are incompatible. We noted one individual has control over portions of one or more of the following areas for the District relating to major federal programs; cash, receipts, payroll and journal entries. See finding II-A-24.

Categories

Internal Control / Segregation of Duties

Other Findings in this Audit

  • 512938 2024-001
    Material Weakness Repeat
  • 512939 2024-001
    Material Weakness Repeat
  • 512940 2024-001
    Material Weakness Repeat
  • 1089380 2024-001
    Material Weakness Repeat
  • 1089382 2024-001
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
10.555 National School Lunch Program $673,595
84.010 Title I Grants to Local Educational Agencies $251,812
84.425 Education Stabilization Fund $215,450
10.553 School Breakfast Program $116,441
93.596 Child Care Mandatory and Matching Funds of the Child Care and Development Fund $84,305
97.067 Homeland Security Grant Program $41,115
10.559 Summer Food Service Program for Children $32,640
10.558 Child and Adult Care Food Program $17,358
16.839 Stop School Violence $6,300