Finding 503802 (2023-002)

Material Weakness Repeat Finding

Requirement

ABFL

Questioned Costs

Year

2023

Accepted

2024-10-28

Audit: 326097

Organization: Eldora-New Providence Csd (IA)

Auditor: Nolte Cornman & Johnson PC

AI Summary

Core Issue: An employee has too much control over multiple incompatible duties, increasing the risk of errors or fraud.
Impacted Requirements: Segregation of duties is not being properly enforced for federal program areas like cash management and journal entries.
Recommended Follow-Up: Review and adjust responsibilities to ensure proper segregation of duties among staff.

Finding Text

One important aspect of the internal control structure is the segregation of duties among employees to prevent an individual employee from handling duties which are incompatible. We noted one individual has control over portions of one or more of the following areas for the District relating to federal programs; cash, wire transfers, journal entries, School lunch program and computer systems. See finding 2023-001.

Corrective Action Plan

We will continue to review our internal controls to obtain maximum compliance.

Other Findings in this Audit

1080244 2023-002

Material Weakness Repeat

Programs in Audit

ALN	Program Name	Expenditures
84.425	Education Stabilization Fund	$516,259
10.555	National School Lunch Program	$198,026
84.010	Title I Grants to Local Educational Agencies	$159,664
32.009	Emergency Connectivity Fund Program	$92,800
84.358	Rural Education	$37,520
10.553	School Breakfast Program	$36,073
84.027	Special Education_grants to States	$24,781
84.367	Improving Teacher Quality State Grants	$22,002
84.424	Student Support and Academic Enrichment Program	$11,082
84.048	Career and Technical Education -- Basic Grants to States	$8,054
10.556	Special Milk Program for Children	$601