FAC Explorer

Finding 398928 (2023-003)

Material Weakness Repeat Finding
Requirement
ABEILN
Questioned Costs
-
Year
2023
Accepted
2024-05-30
Audit: 307531
Organization: Alta-Aurelia Community School District (IA)
Auditor: Cornwell Frideres Maher & Associates P L C

AI Summary

  • Answer: The district failed to properly separate duties related to custody, record-keeping, and reconciling functions.
  • Trend: This issue affects compliance with federal program requirements and increases the risk of errors or fraud.
  • List: Review and implement proper segregation of duties to ensure accountability and compliance.

Finding Text

SEGREGATION OF DUTIES - THE DISTRICT DID NOT PROPERLY SEGREGATE CUSTODY, RECORD-KEEPING AND RECONCILING FUCTIONS, INCLUDING THOSE RELATED TO FEDERAL PROGRAMS. SEE 2023-001

Categories

Internal Control / Segregation of Duties

Other Findings in this Audit

  • 398926 2023-003
    Material Weakness Repeat
  • 398927 2023-003
    Material Weakness Repeat
  • 398929 2023-003
    Material Weakness Repeat
  • 975368 2023-003
    Material Weakness Repeat
  • 975369 2023-003
    Material Weakness Repeat
  • 975370 2023-003
    Material Weakness Repeat
  • 975371 2023-003
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
84.425 Education Stabilization Fund $217,779
84.010 Title I Grants to Local Educational Agencies $103,221
10.555 National School Lunch Program $46,465
10.553 School Breakfast Program $42,722
84.027 Special Education_grants to States $39,017
84.367 Improving Teacher Quality State Grants $19,383
10.559 Summer Food Service Program for Children $14,928
84.424 Student Support and Academic Enrichment Program $10,000
84.048 Career and Technical Education -- Basic Grants to States $7,437