Finding 1148485 (2024-003)

Material Weakness Repeat Finding

Requirement

ABFL

Questioned Costs

-

Year

2024

Accepted

2025-07-28

Audit: 363152

Organization: Centerville Community School District (IA)

Auditor: Nolte Cornman & Johnson PC

AI Summary

Core Issue: One employee has too much control over critical financial areas, which increases the risk of errors or fraud.
Impacted Requirements: This situation violates the principle of segregation of duties, essential for effective internal controls.
Recommended Follow-Up: Review and adjust responsibilities to ensure that 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, investments, receipts and journal entries. See finding 2024-001.

Programs in Audit

ALN	Program Name	Expenditures
84.010	Title I Grants to Local Educational Agencies	$476,158
84.425	Education Stabilization Fund	$381,737
10.555	National School Lunch Program	$364,133
10.553	School Breakfast Program	$78,207
84.367	Supporting Effective Instruction State Grants (formerly Improving Teacher Quality State Grants)	$65,335
84.027	Special Education Grants to States	$63,804
10.559	Summer Food Service Program for Children	$37,109
84.334	Gaining Early Awareness and Readiness for Undergraduate Programs	$33,789
84.424	Student Support and Academic Enrichment Program	$30,062
84.048	Career and Technical Education -- Basic Grants to States	$23,890
21.027	Coronavirus State and Local Fiscal Recovery Funds	$11,399

Finding 1148485 (2024-003)

AI Summary

Finding Text

Categories

Other Findings in this Audit

Programs in Audit