FAC Explorer

Finding 46797 (2022-003)

Material Weakness Repeat Finding
Requirement
ABEILN
Questioned Costs
-
Year
2022
Accepted
2023-03-06
Audit: 44614
Organization: Cherokee Communith 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 is consistent with previous findings, indicating ongoing weaknesses in internal controls.
  • List: Review and implement proper segregation of duties, especially for federal programs, to enhance accountability and reduce risk.

Finding Text

2022-003 SEGREGATION OF DUTIES - THE DISTRICT DID NOT PROPERLY SEGREGATE CUSTODY, RECORD-KEEPING AND RECONCILING FUNCTIONS, INCLUDING THOSE RELATED TO FEDERAL PROGRAMS. SEE 2022-001.

Corrective Action Plan

COMMENT COMMENT CORRECTIVE ACTION PLAN CONTANCT PERSON, TITLE, ANTICIPATED DATE REFERNCE TITLE PHONE NUMBER OF COMPLETION 2022-001 SEGREGATION OF SEE RESPONSE AND CORRECTIVE JOYCE LUNDSGAARD N/A DUTIES ACTION PLAN AT 2022-001. BUSINESS MANAGER 712-225-6767 2022-002 PREPARATION OF SEE RESPONSE AND CORRECTIVE JOYCE LUNDSGAARD N/A FINANCIAL ACTION PLAN AT 2022-002. BUSINESS MANAGER STATEMENTS 712-225-6767

Categories

Internal Control / Segregation of Duties

Other Findings in this Audit

  • 46798 2022-003
    Material Weakness Repeat
  • 623239 2022-003
    Material Weakness Repeat
  • 623240 2022-003
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
10.555 National School Lunch Program $709,739
84.010 Title I Grants to Local Educational Agencies $151,236
10.553 School Breakfast Program $99,577
84.425 Education Stabilization Fund $85,043
84.367 Improving Teacher Quality State Grants $25,132
84.048 Career and Technical Education -- Basic Grants to States $10,919
84.424 Student Support and Academic Enrichment Program $10,000
84.027 Special Education_grants to States $7,474
10.649 Pandemic Ebt Administrative Costs $614