FAC Explorer

Finding 386451 (2023-001)

Material Weakness Repeat Finding
Requirement
ABFN
Questioned Costs
-
Year
2023
Accepted
2024-03-27
Audit: 298800
Organization: Kimball School District No. 7-2 (SD)
Auditor: Schoenfish & CO INC

AI Summary

  • Answer: There is a material weakness in internal controls related to revenue management.
  • Trend: This issue highlights ongoing risks in compliance requirements.
  • List: Implement proper segregation of duties to strengthen internal controls.

Finding Text

A material weakness in internal controls was noted due to a lack of proper segregation of duties for revenues which affect the compliance requirement category.

Categories

Internal Control / Segregation of Duties Material Weakness

Other Findings in this Audit

  • 386450 2023-001
    Material Weakness Repeat
  • 962892 2023-001
    Material Weakness Repeat
  • 962893 2023-001
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
84.425 Education Stabilization Fund $602,939
84.010 Title I Grants to Local Educational Agencies $122,173
10.555 National School Lunch Program $110,143
84.027 Special Education_grants to States $79,610
10.559 Summer Food Service Program for Children $52,922
10.553 School Breakfast Program $33,850
84.367 Improving Teacher Quality State Grants $31,965
84.358 Rural Education $19,226
84.424 Student Support and Academic Enrichment Program $14,800
10.582 Fresh Fruit and Vegetable Program $6,005
45.025 Promotion of the Arts_partnership Agreements $5,895
84.173 Special Education_preschool Grants $1,254