Finding 42985 (2022-001)

Material Weakness Repeat Finding
Requirement
L
Questioned Costs
-
Year
2022
Accepted
2023-03-05

AI Summary

  • Answer: There is a material weakness in internal controls related to revenue management.
  • Trend: This issue highlights ongoing concerns about compliance with reporting requirements.
  • List: Follow up by implementing 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 reporting compliance requirement category.

Corrective Action Plan

The Chamberlain School District Business Manager, Michelle Willrodt, is the contact person responsible for the corrective action plan for this finding. Finding Number 2022-001 is due to the limited number of staff employed in the district's business office. Staffing the office at an efficient and financially feasible level precludes the hiring of enough personnel to provide an ideal environment for internal controls. The district is aware of the continued weakness in internal controls and will continue to develop policies and procedures and provide on-going controls to reduce the risk.

Categories

Internal Control / Segregation of Duties Material Weakness Reporting

Other Findings in this Audit

  • 42986 2022-001
    Material Weakness Repeat
  • 46529 2022-001
    Material Weakness Repeat
  • 619427 2022-001
    Material Weakness Repeat
  • 619428 2022-001
    Material Weakness Repeat
  • 622971 2022-001
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
84.010 Title I Grants to Local Educational Agencies $1.48M
84.041 Impact Aid $1.07M
84.425 Education Stabilization Fund $629,068
10.555 National School Lunch Program $414,984
84.424 Student Support and Academic Enrichment Program $135,158
84.367 Improving Teacher Quality State Grants $106,513
84.027 Special Education_grants to States $71,041
10.553 School Breakfast Program $54,605
10.582 Fresh Fruit and Vegetable Program $21,049
84.048 Career and Technical Education -- Basic Grants to States $20,525
84.060 Indian Education_grants to Local Educational Agencies $16,449
84.358 Rural Education $8,045
84.173 Special Education_preschool Grants $6,290
15.227 Distribution of Receipts to State and Local Governments $159