FAC Explorer

Finding 43323 (2022-001)

Material Weakness Repeat Finding
Requirement
L
Questioned Costs
-
Year
2022
Accepted
2023-03-26
Audit: 44382
Organization: Colome Consolidated School District No. 59-3 (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 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

  • 43322 2022-001
    Material Weakness Repeat
  • 619764 2022-001
    Material Weakness Repeat
  • 619765 2022-001
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
84.010 Title I Grants to Local Educational Agencies $146,446
84.425 Education Stabilization Fund $109,802
10.555 National School Lunch Program $102,419
84.367 Improving Teacher Quality State Grants $29,055
10.553 School Breakfast Program $23,606
84.027 Special Education_grants to States $13,771
84.424 Student Support and Academic Enrichment Program $13,449
10.582 Fresh Fruit and Vegetable Program $6,284
84.041 Impact Aid $3,984
84.358 Rural Education $2,357
84.048 Career and Technical Education -- Basic Grants to States $1,576
84.173 Special Education_preschool Grants $35