FAC Explorer

Finding 1117016 (2024-003)

Material Weakness Repeat Finding
Requirement
ABEILN
Questioned Costs
-
Year
2024
Accepted
2025-03-29
Audit: 350333
Organization: Eagle Grove Community 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 controls to ensure proper segregation of duties.

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

  • 540574 2024-003
    Material Weakness Repeat
  • 540575 2024-003
    Material Weakness Repeat
  • 540576 2024-003
    Material Weakness Repeat
  • 540577 2024-003
    Material Weakness Repeat
  • 1117017 2024-003
    Material Weakness Repeat
  • 1117018 2024-003
    Material Weakness Repeat
  • 1117019 2024-003
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
84.010 Title I Grants to Local Educational Agencies $360,334
97.067 Homeland Security Grant Program $147,472
84.011 Migrant Education State Grant Program $127,182
10.553 School Breakfast Program $124,487
84.027 Special Education Grants to States $47,652
84.367 Supporting Effective Instruction State Grants (formerly Improving Teacher Quality State Grants) $33,382
10.582 Fresh Fruit and Vegetable Program $26,977
84.424 Student Support and Academic Enrichment Program $22,106
10.555 National School Lunch Program $22,029
84.048 Career and Technical Education -- Basic Grants to States $10,490
84.365 English Language Acquisition State Grants $10,384
10.579 Child Nutrition Discretionary Grants Limited Availability $4,032