Finding 1100521 (2023-006)

Material Weakness
Requirement
ABFL
Questioned Costs
-
Year
2023
Accepted
2025-02-20

AI Summary

  • Answer: Bank reconciliations show outdated items and delays in recording, suggesting they may not be done monthly.
  • Trend: This issue indicates a pattern of inconsistent reconciliation practices.
  • List: Review and update reconciliation processes to ensure timely and accurate reporting.

Finding Text

Bank reconciliations included several items no longer outstanding and other items not recorded in a timely manner giving the appearance bank reconciliations may not be completed each month. See finding 2023-003.

Categories

No categories assigned yet.

Other Findings in this Audit

  • 524077 2023-004
    Material Weakness
  • 524078 2023-005
    Material Weakness
  • 524079 2023-006
    Material Weakness
  • 524080 2023-004
    Material Weakness
  • 524081 2023-005
    Material Weakness
  • 524082 2023-006
    Material Weakness
  • 524083 2023-004
    Material Weakness
  • 524084 2023-005
    Material Weakness
  • 524085 2023-006
    Material Weakness
  • 1100519 2023-004
    Material Weakness
  • 1100520 2023-005
    Material Weakness
  • 1100522 2023-004
    Material Weakness
  • 1100523 2023-005
    Material Weakness
  • 1100524 2023-006
    Material Weakness
  • 1100525 2023-004
    Material Weakness
  • 1100526 2023-005
    Material Weakness
  • 1100527 2023-006
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
10.555 National School Lunch Program $171,026
84.010 Title I Grants to Local Educational Agencies $78,301
84.425 Education Stabilization Fund $47,302
10.553 School Breakfast Program $46,317
84.027 Special Education Grants to States $25,040
84.367 Supporting Effective Instruction State Grants (formerly Improving Teacher Quality State Grants) $13,557
84.424 Student Support and Academic Enrichment Program $10,000
84.048 Career and Technical Education -- Basic Grants to States $7,800
10.185 Local Food for Schools Cooperative Agreement Program $3,344