FAC Explorer

Finding 496461 (2023-003)

Material Weakness Repeat Finding
Requirement
P
Questioned Costs
-
Year
2023
Accepted
2024-09-11
Audit: 319381
Organization: Washington Parks Academy (MI)
Auditor: The Clairmount Group Plc

AI Summary

  • Core Issue: The Academy failed to comply with the State School Aid Act by not submitting annual audits on time.
  • Impacted Requirements: Compliance with MCL 388.1718, which mandates audit submissions by November 1.
  • Recommended Follow-Up: Establish a clear process with designated individuals to monitor and ensure compliance with all relevant laws and regulations.

Finding Text

Finding Type: Material Weakness and Material Noncompliance Criteria There should be a process in place to ensure that the Academy complies with laws and regulations. Condition There was an instance identified where the Academy was not in compliance with laws and regulations. State School Aid Act MCL 388.1718 requires that annual audits are submitted by November 1 to the Michigan Department of Education. Cause/Effect There was a change in staff and staff shortages, which led to noncompliance with MCL 388.1718. Recommendation We recommend that the Academy implement a process that identifies specific individuals to identify and monitor applicable compliance requirements throughout the year.

Corrective Action Plan

The necessary review and analysis of GL accounts will be completed according to the established month end and annual close procedure check lists. Audit engagement will begin no later than August for FY 2024. Any new, as well as current staff, will receive periodic in-service centered around the MI Public School Accounting manual to ensure thorough understanding of the expectations and processes for school fund accounting

Categories

Material Weakness

Other Findings in this Audit

  • 496459 2023-001
    Material Weakness Repeat
  • 496460 2023-002
    Material Weakness Repeat
  • 496462 2023-004
    Material Weakness Repeat
  • 496463 2023-005
    Material Weakness Repeat
  • 1072901 2023-001
    Material Weakness Repeat
  • 1072902 2023-002
    Material Weakness Repeat
  • 1072903 2023-003
    Material Weakness Repeat
  • 1072904 2023-004
    Material Weakness Repeat
  • 1072905 2023-005
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
84.425 Education Stabilization Fund $446,951
84.010 Title I Grants to Local Educational Agencies $329,968
10.555 National School Lunch Program $235,374
84.027 Special Education_grants to States $87,248
10.553 School Breakfast Program $36,181
84.424 Student Support and Academic Enrichment Program $25,538
10.565 Commodity Supplemental Food Program $19,506
84.367 Improving Teacher Quality State Grants $16,782
10.185 Local Food for School $2,153
10.649 Pandemic Ebt Administrative Costs $628