FAC Explorer

Finding 1191113 (2024-002)

Material Weakness Repeat Finding
Requirement
L
Questioned Costs
-
Year
2024
Accepted
2026-03-27
Audit: 395263
Organization: Keams Canyon Elementary School (AZ)
Auditor: BDR RICHARDS CPA'S PLC

AI Summary

  • Answer: School management must set up and keep strong internal controls for handling disbursements.
  • Trend: Effective internal controls help ensure all financial activities are accurately processed and reported.
  • List: Key actions include regular reviews, training staff, and monitoring compliance with financial procedures.

Finding Text

School management is responsible for establishing and maintaining internal controls over disbursements that are adequate to ensure that all financial activities are properly processed and reported.

Corrective Action Plan

The School has hired a consultant for training.

Categories

Internal Control / Segregation of Duties

Other Findings in this Audit

  • 1191112 2024-001
    Material Weakness Repeat
  • 1191114 2024-003
    Material Weakness Repeat
  • 1191115 2024-004
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
15.042 INDIAN SCHOOL EQUALIZATION $1.06M
15.044 INDIAN SCHOOLS STUDENT TRANSPORTATION $486,036
15.046 ADMINISTRATIVE COST GRANTS FOR INDIAN SCHOOLS $390,455
84.010 TITLE I GRANTS TO LOCAL EDUCATIONAL AGENCIES $241,939
15.047 INDIAN EDUCATION FACILITIES, OPERATIONS, AND MAINTENANCE $154,865
84.027 SPECIAL EDUCATION GRANTS TO STATES $122,706
10.559 SUMMER FOOD SERVICE PROGRAM FOR CHILDREN $71,015
84.425 EDUCATION STABILIZATION FUND $26,514
84.336 TEACHER QUALITY PARTNERSHIP GRANTS $17,111
84.424 STUDENT SUPPORT AND ACADEMIC ENRICHMENT PROGRAM $12,852
15.149 FOCUS ON STUDENT ACHIEVEMENT $6,851
84.060 INDIAN EDUCATION GRANTS TO LOCAL EDUCATIONAL AGENCIES $2,041
84.358 RURAL EDUCATION $434