FAC Explorer

Finding 386884 (2023-001)

Material Weakness Repeat Finding
Requirement
ABFN
Questioned Costs
-
Year
2023
Accepted
2024-03-28
Audit: 299200
Organization: Corsica-Stickney School District No. 21-3 (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

  • 386883 2023-001
    Material Weakness Repeat
  • 963325 2023-001
    Material Weakness Repeat
  • 963326 2023-001
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
84.425 Education Stabilization Fund $478,745
84.010 Title I Grants to Local Educational Agencies $104,502
84.027 Special Education_grants to States $76,868
10.555 National School Lunch Program $61,362
84.367 Improving Teacher Quality State Grants $22,268
84.358 Rural Education $12,519
84.424 Student Support and Academic Enrichment Program $11,570
10.553 School Breakfast Program $10,735
10.579 Child Nutrition Discretionary Grants Limited Availability $7,376
84.173 Special Education_preschool Grants $1,699
39.003 Donation of Federal Surplus Personal Property $106