FAC Explorer

Finding 484945 (2022-009)

Material Weakness Repeat Finding
Requirement
P
Questioned Costs
-
Year
2022
Accepted
2024-08-23
Audit: 317789
Organization: Garner-Hayfield-Ventura Community School District (IA)
Auditor: Roof Gerdes Erlbacher Plc

AI Summary

  • Issue: The school district failed to properly separate key financial duties, which can lead to errors or fraud.
  • Impact: This affects compliance with federal program requirements and increases risk in financial management.
  • Recommendation: Implement clear divisions of responsibilities among staff to strengthen internal controls.

Finding Text

Segregation of Duties - The Garner-Hayfield-Ventura Community School District (Distric) did not properly segregate custody, recordkeeping and reconciling functions, including those related to federal programs. See 2022-001

Corrective Action Plan

Comment Title: Segregation of Duties. Corrective Action Plan: We will evaluate this and attempt to segregate duties as much as possible. Contact Person, Title, Phone Number: Holly Fischer, Business Manager (641) 923-2718. Anticipated Date of Completion: Immediately

Categories

Internal Control / Segregation of Duties

Other Findings in this Audit

  • 484946 2022-010
    Material Weakness
  • 484947 2022-011
    Material Weakness
  • 484948 2022-009
    Material Weakness Repeat
  • 484949 2022-010
    Material Weakness
  • 484950 2022-011
    Material Weakness
  • 1061387 2022-009
    Material Weakness Repeat
  • 1061388 2022-010
    Material Weakness
  • 1061389 2022-011
    Material Weakness
  • 1061390 2022-009
    Material Weakness Repeat
  • 1061391 2022-010
    Material Weakness
  • 1061392 2022-011
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
10.555 National School Lunch Program $627,846
84.425 Education Stabilization Fund $360,654
10.553 School Breakfast Program $90,647
84.010 Title I Grants to Local Educational Agencies $72,526
84.367 Improving Teacher Quality State Grants $20,824
84.027 Special Education_grants to States $6,033
84.424 Student Support and Academic Enrichment Program $2,473
84.048 Career and Technical Education -- Basic Grants to States $1,144