FAC Explorer

Finding 1100667 (2024-003)

Material Weakness
Requirement
ABEGMN
Questioned Costs
-
Year
2024
Accepted
2025-02-21
Audit: 343427
Organization: Cherokee Communith School District (IA)
Auditor: Cornwell Frideres Maher & Associates P L C

AI Summary

  • Answer: The district failed to properly separate duties related to custody, record-keeping, and reconciling functions.
  • Trend: This issue affects compliance with federal program requirements and increases the risk of errors or fraud.
  • List: Recommend implementing clear role definitions and checks to ensure proper segregation of duties moving forward.

Finding Text

SEGREGATION OF DUTIES - THE DISTRICT DID NOT PROPERLY SEGREGATE CUSTODY, RECORD-KEEPING AND RECONCILING FUNCTIONS, INCLUDING THOSE RELATED TO FEDERAL PROGRAMS. SEE 2024-001.

Categories

Internal Control / Segregation of Duties

Other Findings in this Audit

  • 524225 2024-003
    Material Weakness
  • 524226 2024-003
    Material Weakness Repeat
  • 524227 2024-003
    Material Weakness Repeat
  • 1100668 2024-003
    Material Weakness Repeat
  • 1100669 2024-003
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
84.010 Title I Grants to Local Educational Agencies $197,427
84.425 Education Stabilization Fund $106,380
10.553 School Breakfast Program $68,717
84.027 Special Education Grants to States $48,882
84.367 Supporting Effective Instruction State Grants (formerly Improving Teacher Quality State Grants) $30,492
10.555 National School Lunch Program $29,536
10.559 Summer Food Service Program for Children $28,225
84.424 Student Support and Academic Enrichment Program $11,638
84.048 Career and Technical Education -- Basic Grants to States $10,929
93.575 Child Care and Development Block Grant $1,800