FAC Explorer

Finding 1099189 (2023-002)

Material Weakness
Requirement
ABEILN
Questioned Costs
-
Year
2023
Accepted
2025-02-12
Audit: 342119
Organization: Eddyville-Blakesburg-Fremont Community School District (IA)
Auditor: Nolte Cornman & Johnson PC

AI Summary

  • Core Issue: One employee has too much control over critical financial areas, risking incompatible duties.
  • Impacted Requirements: This affects compliance with internal control standards for major federal programs.
  • Recommended Follow-Up: Implement proper segregation of duties to enhance oversight and reduce risk.

Finding Text

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, disbursements, inventories, capital assets, wire transfers, payroll, financial reporting, and school lunch program. See finding 2023-001.

Categories

Internal Control / Segregation of Duties Reporting

Other Findings in this Audit

  • 522747 2023-002
    Material Weakness
  • 522748 2023-002
    Material Weakness
  • 522749 2023-002
    Material Weakness Repeat
  • 522750 2023-002
    Material Weakness Repeat
  • 1099190 2023-002
    Material Weakness
  • 1099191 2023-002
    Material Weakness Repeat
  • 1099192 2023-002
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
10.555 National School Lunch Program $330,479
16.839 Stop School Violence $301,010
16.710 Public Safety Partnership and Community Policing Grants $176,846
32.009 Emergency Connectivity Fund Program $166,696
84.010 Title I Grants to Local Educational Agencies $145,391
10.553 School Breakfast Program $57,566
84.027 Special Education Grants to States $40,207
84.184 School Safely National Activities $30,000
84.367 Supporting Effective Instruction State Grants (formerly Improving Teacher Quality State Grants) $25,094
84.048 Career and Technical Education -- Basic Grants to States $13,252
84.424 Student Support and Academic Enrichment Program $10,000
84.425 Education Stabilization Fund $8,474
93.658 Foster Care Title IV-E $217