Finding 1215485 (2024-001)

Material Weakness Repeat Finding

Requirement

Questioned Costs

Year

2024

Accepted

2026-05-26

Audit: 402141

Organization: Third Future Schools of Colorado (CO)

Auditor: MAULDIN & JENKINS LLC

AI Summary

Core Issue: The audit found that certain processes were not completed within the required timeframe.
Impacted Requirements: This delay affects compliance with regulatory deadlines and internal policies.
Recommended Follow-Up: Review and adjust workflows to ensure timely completion of all processes moving forward.

required timeframe.

2024 -001 Late Submission of Reporting Package to Single Audit Clearinghouse (84.425U).

ALN	Program Name	Expenditures
84.425	EDUCATION STABILIZATION FUND	$2.40M