FAC Explorer

Finding 1100522 (2023-004)

Material Weakness
Requirement
ABFL
Questioned Costs
-
Year
2023
Accepted
2025-02-20
Audit: 343238
Organization: Cam Community School District (IA)
Auditor: Nolte Cornman & Johnson PC

AI Summary

  • Answer: There is a lack of proper segregation of duties, allowing one employee too much control over critical financial areas.
  • Trend: This issue could lead to increased risk of errors or fraud in managing federal program funds.
  • List: Review and adjust employee responsibilities to ensure duties are appropriately separated, particularly in cash, receipts, disbursements, payroll, and computer systems.

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, payroll and computers systems. See finding 2023-001.

Categories

Internal Control / Segregation of Duties

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
  • 1100521 2023-006
    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