FAC Explorer

Finding 369894 (2023-001)

Significant Deficiency Repeat Finding
Requirement
A
Questioned Costs
$1
Year
2023
Accepted
2024-02-21
Audit: 291382
Organization: Edison Board of Education (NJ)
Auditor: Holman Frenia Allison

AI Summary

  • Answer: The District's general ledger is incomplete and inaccurate.
  • Trend: This issue indicates a potential ongoing problem with financial record-keeping.
  • List: Immediate action is needed to ensure compliance with accounting principles.

Finding Text

During our audit we noted that the District is not maintaining a complete and accurate general ledger in accordance with accounting principles generally accepted in the United States of America.

Categories

Questioned Costs

Other Findings in this Audit

  • 369882 2023-001
    Significant Deficiency Repeat
  • 369883 2023-001
    Significant Deficiency Repeat
  • 369884 2023-001
    Significant Deficiency Repeat
  • 369885 2023-001
    Significant Deficiency Repeat
  • 369886 2023-001
    Significant Deficiency Repeat
  • 369887 2023-001
    Significant Deficiency Repeat
  • 369888 2023-001
    Significant Deficiency Repeat
  • 369889 2023-001
    Significant Deficiency Repeat
  • 369890 2023-001
    Significant Deficiency Repeat
  • 369891 2023-001
    Significant Deficiency Repeat
  • 369892 2023-001
    Significant Deficiency Repeat
  • 369893 2023-001
    Significant Deficiency Repeat
  • 369895 2023-001
    Significant Deficiency Repeat
  • 369896 2023-001
    Significant Deficiency Repeat
  • 369897 2023-001
    Significant Deficiency Repeat
  • 369898 2023-001
    Significant Deficiency Repeat
  • 946324 2023-001
    Significant Deficiency Repeat
  • 946325 2023-001
    Significant Deficiency Repeat
  • 946326 2023-001
    Significant Deficiency Repeat
  • 946327 2023-001
    Significant Deficiency Repeat
  • 946328 2023-001
    Significant Deficiency Repeat
  • 946329 2023-001
    Significant Deficiency Repeat
  • 946330 2023-001
    Significant Deficiency Repeat
  • 946331 2023-001
    Significant Deficiency Repeat
  • 946332 2023-001
    Significant Deficiency Repeat
  • 946333 2023-001
    Significant Deficiency Repeat
  • 946334 2023-001
    Significant Deficiency Repeat
  • 946335 2023-001
    Significant Deficiency Repeat
  • 946336 2023-001
    Significant Deficiency Repeat
  • 946337 2023-001
    Significant Deficiency Repeat
  • 946338 2023-001
    Significant Deficiency Repeat
  • 946339 2023-001
    Significant Deficiency Repeat
  • 946340 2023-001
    Significant Deficiency Repeat

Programs in Audit

ALN Program Name Expenditures
84.027 Special Education_grants to States $3.63M
10.553 School Breakfast Program $917,605
10.555 National School Lunch Program $728,918
93.778 Medical Assistance Program $377,745
84.367 Improving Teacher Quality State Grants $250,982
84.365 English Language Acquisition State Grants $117,634
84.173 Special Education_preschool Grants $114,748
84.424 Student Support and Academic Enrichment Program $53,649
84.425 Education Stabilization Fund $45,000
84.010 Title I Grants to Local Educational Agencies $18,805