FAC Explorer

Finding 43319 (2022-001)

Material Weakness Repeat Finding
Requirement
L
Questioned Costs
-
Year
2022
Accepted
2023-03-26
Audit: 44376
Organization: Wagner Community School District No. 11-4 (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 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.

Categories

Internal Control / Segregation of Duties Material Weakness Reporting

Other Findings in this Audit

  • 43314 2022-001
    Material Weakness Repeat
  • 43315 2022-001
    Material Weakness Repeat
  • 43316 2022-001
    Material Weakness Repeat
  • 43317 2022-001
    Material Weakness Repeat
  • 43318 2022-001
    Material Weakness Repeat
  • 619756 2022-001
    Material Weakness Repeat
  • 619757 2022-001
    Material Weakness Repeat
  • 619758 2022-001
    Material Weakness Repeat
  • 619759 2022-001
    Material Weakness Repeat
  • 619760 2022-001
    Material Weakness Repeat
  • 619761 2022-001
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
84.041 Impact Aid $9.55M
84.425 Education Stabilization Fund $3.32M
10.555 National School Lunch Program $578,416
84.010 Title I Grants to Local Educational Agencies $550,882
84.367 Improving Teacher Quality State Grants $165,907
10.553 School Breakfast Program $145,103
84.060 Indian Education_grants to Local Educational Agencies $106,325
84.424 Student Support and Academic Enrichment Program $87,667
10.582 Fresh Fruit and Vegetable Program $37,678
15.130 Indian Education_assistance to Schools $35,094
84.358 Rural Education $13,329
93.243 Substance Abuse and Mental Health Services_projects of Regional and National Significance $13,118