FAC Explorer

Finding 1136934 (2024-002)

Material Weakness
Requirement
ABEILN
Questioned Costs
-
Year
2024
Accepted
2025-05-15
Audit: 356392
Organization: Clear Lake Community School District (IA)
Auditor: Nolte Cornman and Johnson PC

AI Summary

  • Core Issue: An employee has control over incompatible duties in cash, investments, and disbursements.
  • Impacted Requirements: This violates the principle of segregation of duties, which is crucial for internal controls.
  • Recommended Follow-Up: Review and reassign responsibilities to ensure proper segregation of duties.

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, investments and disbursements. See finding 2024-001.

Categories

Internal Control / Segregation of Duties

Other Findings in this Audit

  • 560491 2024-002
    Material Weakness
  • 560492 2024-002
    Material Weakness
  • 1136933 2024-002
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
10.555 National School Lunch Program $420,404
84.010 Title I Grants to Local Educational Agencies $176,722
21.027 Coronavirus State and Local Fiscal Recovery Funds $150,000
10.579 Child Nutrition Discretionary Grants Limited Availability $60,039
84.027 Special Education Grants to States $55,580
10.553 School Breakfast Program $51,488
84.425 Education Stabilization Fund $32,561
84.367 Supporting Effective Instruction State Grants (formerly Improving Teacher Quality State Grants) $24,839
10.185 Local Food for Schools Cooperative Agreement Program $16,000
84.048 Career and Technical Education -- Basic Grants to States $11,816
84.424 Student Support and Academic Enrichment Program $11,298