FAC Explorer

Finding 370539 (2022-002)

Material Weakness Repeat Finding
Requirement
ABFL
Questioned Costs
-
Year
2022
Accepted
2024-02-26
Audit: 292217
Organization: Maquoketa Valley Community School District (IA)
Auditor: Nolte Cornman & Johnson PC

AI Summary

  • Core Issue: One employee has control over multiple incompatible duties, risking internal control weaknesses.
  • Impacted Requirements: Segregation of duties is not being properly implemented, affecting compliance with federal program standards.
  • Recommended Follow-up: Review and redistribute responsibilities to ensure proper segregation of duties across all key areas.

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, inventories, receipts, disbursements, capital assets, payroll, computer systems, journal entries and the school nutrition program. See finding 2022-001

Categories

Internal Control / Segregation of Duties

Other Findings in this Audit

  • 370538 2022-002
    Material Weakness Repeat
  • 370540 2022-002
    Material Weakness Repeat
  • 946980 2022-002
    Material Weakness Repeat
  • 946981 2022-002
    Material Weakness Repeat
  • 946982 2022-002
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
10.555 National School Lunch Program $476,657
84.425 Education Stabilization Fund $294,664
10.553 School Breakfast Program $101,768
84.010 Title I Grants to Local Educational Agencies $96,071
10.559 Summer Food Service Program for Children $21,203
84.367 Improving Teacher Quality State Grants $19,799
84.048 Career and Technical Education -- Basic Grants to States $10,757
84.424 Student Support and Academic Enrichment Program $10,000
84.027 Special Education_grants to States $4,675