Finding 409879 (2022-002)

Material Weakness Repeat Finding
Requirement
BL
Questioned Costs
-
Year
2022
Accepted
2023-03-13
Audit: 311955
Organization: Solon Community School District (IA)

AI Summary

  • Answer: The District failed to separate key financial duties, which is a significant control weakness.
  • Trend: This issue affects both revenue and expenditure processes, including federal program funds.
  • List: Recommended actions include implementing proper segregation of duties and regular audits to ensure compliance.

Finding Text

The District did not properly segregate custody, record-keeping and reconciling functions for revenues and expenditures, including those related to federal programs.

Categories

No categories assigned yet.

Other Findings in this Audit

  • 409873 2022-002
    Material Weakness
  • 409874 2022-002
    Material Weakness
  • 409875 2022-002
    Material Weakness
  • 409876 2022-002
    Material Weakness
  • 409877 2022-002
    Material Weakness
  • 409878 2022-002
    Material Weakness
  • 409880 2022-002
    Material Weakness Repeat
  • 409881 2022-002
    Material Weakness Repeat
  • 986315 2022-002
    Material Weakness
  • 986316 2022-002
    Material Weakness
  • 986317 2022-002
    Material Weakness
  • 986318 2022-002
    Material Weakness
  • 986319 2022-002
    Material Weakness
  • 986320 2022-002
    Material Weakness
  • 986321 2022-002
    Material Weakness Repeat
  • 986322 2022-002
    Material Weakness Repeat
  • 986323 2022-002
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
10.555 National School Lunch Program $919,289
84.425 Education Stabilization Fund $216,852
10.553 School Breakfast Program $162,323
10.559 Summer Food Service Program for Children $84,050
84.041 Impact Aid $83,094
84.027 Special Education_grants to States $59,205
84.010 Title I Grants to Local Educational Agencies $32,465
93.575 Child Care and Development Block Grant $26,947
84.367 Improving Teacher Quality State Grants $17,094
84.424 Student Support and Academic Enrichment Program $16,320
84.048 Career and Technical Education -- Basic Grants to States $9,483
10.579 Child Nutrition Discretionary Grants Limited Availability $1,000