FAC Explorer

Finding 49820 (2022-001)

Material Weakness Repeat Finding
Requirement
L
Questioned Costs
-
Year
2022
Accepted
2022-11-08
Audit: 42090
Organization: Kimball School District No. 7-2 (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

  • 49816 2022-001
    Material Weakness Repeat
  • 49817 2022-001
    Material Weakness Repeat
  • 49818 2022-001
    Material Weakness Repeat
  • 49819 2022-001
    Material Weakness Repeat
  • 626258 2022-001
    Material Weakness Repeat
  • 626259 2022-001
    Material Weakness Repeat
  • 626260 2022-001
    Material Weakness Repeat
  • 626261 2022-001
    Material Weakness Repeat
  • 626262 2022-001
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
10.555 National School Lunch Program $197,177
84.425 Education Stabilization Fund $186,845
84.010 Title I Grants to Local Educational Agencies $114,975
10.553 School Breakfast Program $52,025
10.559 Summer Food Service Program for Children $45,623
84.367 Improving Teacher Quality State Grants $21,342
84.027 Special Education_grants to States $19,245
84.358 Rural Education $16,103
45.310 Grants to States $15,000
84.424 Student Support and Academic Enrichment Program $11,114
10.582 Fresh Fruit and Vegetable Program $6,948
45.025 Promotion of the Arts_partnership Agreements $3,208
84.173 Special Education_preschool Grants $1,704
84.048 Career and Technical Education -- Basic Grants to States $655