FAC Explorer

Finding 1089915 (2024-001)

Significant Deficiency
Requirement
I
Questioned Costs
-
Year
2024
Accepted
2024-12-08
Audit: 331353
Organization: Basis Texas Charter Schools, Inc. (TX)
Auditor: Sutton Frost Cary LLP

AI Summary

  • Answer: There is a major issue with internal controls in the procurement process, affecting compliance.
  • Trend: This deficiency could lead to ongoing compliance problems if not addressed promptly.
  • List: Follow up by reviewing procurement policies, enhancing training for staff, and implementing stronger oversight measures.

Finding Text

Finding 2024-001: Procurement – Significant deficiency in internal control over compliance and compliance finding.

Categories

Procurement, Suspension & Debarment Significant Deficiency Internal Control / Segregation of Duties

Other Findings in this Audit

  • 513473 2024-001
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
84.282 Charter Schools $1.41M
84.027 Special Education Grants to States $688,007
84.425 Education Stabilization Fund $297,953
84.367 Supporting Effective Instruction State Grants (formerly Improving Teacher Quality State Grants) $74,296
84.365 English Language Acquisition State Grants $38,776
84.369 Grants for State Assessments and Related Activities $10,288