FAC Explorer

Finding 1148519 (2024-002)

Material Weakness Repeat Finding
Requirement
ABEILN
Questioned Costs
-
Year
2024
Accepted
2025-07-29
Audit: 363201
Organization: Eddyville-Blakesburg-Fremont Community School District (IA)
Auditor: Nolte Cornman & Johnson PC

AI Summary

  • Core Issue: One employee has too much control over critical financial areas, increasing the risk of errors or fraud.
  • Impacted Requirements: Segregation of duties is not being properly implemented, which is essential for effective 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, receipts, disbursements, inventories, capital assets, wire transfers, payroll, financial reporting, and school lunch program. See finding 2024-001.

Categories

Internal Control / Segregation of Duties Reporting

Other Findings in this Audit

  • 572074 2024-002
    Material Weakness
  • 572075 2024-002
    Material Weakness Repeat
  • 572076 2024-002
    Material Weakness Repeat
  • 572077 2024-002
    Material Weakness Repeat
  • 572078 2024-002
    Material Weakness Repeat
  • 1148516 2024-002
    Material Weakness
  • 1148517 2024-002
    Material Weakness Repeat
  • 1148518 2024-002
    Material Weakness Repeat
  • 1148520 2024-002
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
84.184 School Safely National Activities $565,446
10.555 National School Lunch Program $276,248
16.839 Stop School Violence $253,083
16.710 Public Safety Partnership and Community Policing Grants $202,694
84.010 Title I Grants to Local Educational Agencies $160,078
10.553 School Breakfast Program $46,972
84.027 Special Education Grants to States $39,694
10.559 Summer Food Service Program for Children $32,692
93.575 Child Care and Development Block Grant $28,000
84.367 Supporting Effective Instruction State Grants (formerly Improving Teacher Quality State Grants) $25,716
84.424 Student Support and Academic Enrichment Program $11,298
84.048 Career and Technical Education -- Basic Grants to States $6,126
84.425 Education Stabilization Fund $4,941
32.009 Emergency Connectivity Fund Program $2,955