FAC Explorer

Finding 1140777 (2023-003)

Material Weakness Repeat Finding
Requirement
ABEILN
Questioned Costs
-
Year
2023
Accepted
2025-06-11
Audit: 358498
Organization: South Central Calhoun Community School District (IA)
Auditor: Nolte Cornman & Johnson

AI Summary

  • Core Issue: One employee has too much control over multiple financial areas, increasing the risk of errors or fraud.
  • Impacted Requirements: This violates the principle of segregation of duties, which is crucial for internal controls.
  • Recommended Follow-Up: Review and redistribute responsibilities to ensure no single employee manages incompatible 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, disbursements, inventories, payroll, receipts, financial reporting, school nutrition program and journal entries. See finding 2023-001.

Categories

Internal Control / Segregation of Duties Reporting

Other Findings in this Audit

  • 564335 2023-003
    Material Weakness Repeat
  • 564336 2023-003
    Material Weakness Repeat
  • 1140778 2023-003
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
10.553 School Breakfast Program $430,515
84.425 Education Stabilization Fund $311,829
84.010 Title I Grants to Local Educational Agencies $180,882
10.555 National School Lunch Program $98,726
84.027 Special Education Grants to States $41,576
84.367 Supporting Effective Instruction State Grants (formerly Improving Teacher Quality State Grants) $30,578
93.600 Head Start $16,050
84.048 Career and Technical Education -- Basic Grants to States $13,652
84.424 Student Support and Academic Enrichment Program $10,638
10.185 Local Food for Schools Cooperative Agreement Program $4,000