FAC Explorer

Finding 504784 (2024-004)

Significant Deficiency
Requirement
C
Questioned Costs
$1
Year
2024
Accepted
2024-11-06
Audit: 327421
Organization: Clintondale Community Schools (MI)
Auditor: Lewis & Knopf CPAS PC

AI Summary

  • Issue: Journal entries were posted to remove 147c retirement expenses after the final draw request.
  • Impact: This action reduced total Flowthrough expenses, leading to grant revenues exceeding expenses.
  • Follow-up: Review the timing of journal entries to ensure compliance with accounting standards and grant requirements.

Finding Text

Subsequent to the final draw request, the District posted journal entries to remove 147c retirement expenses that were accrued. This resulted in a reduction of total Flowthrough expenses that caused the grant revenues to be greater than expenses.

Corrective Action Plan

SEE CORRECTIVE ACTION PLAN IN AUDIT

Categories

Questioned Costs

Other Findings in this Audit

  • 504783 2024-003
    Material Weakness
  • 504785 2024-005
    Material Weakness
  • 1081225 2024-003
    Material Weakness
  • 1081226 2024-004
    Significant Deficiency
  • 1081227 2024-005
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
84.027 Special Education Grants to States $563,866
10.553 School Breakfast Program $331,758
84.367 Supporting Effective Instruction State Grants (formerly Improving Teacher Quality State Grants) $73,227
10.555 National School Lunch Program $43,507
84.048 Career and Technical Education -- Basic Grants to States $24,214
84.173 Special Education Preschool Grants $19,376
10.559 Summer Food Service Program for Children $14,180
84.425 Education Stabilization Fund $12,402
84.424 Student Support and Academic Enrichment Program $11,057
10.558 Child and Adult Care Food Program $3,510
84.010 Title I Grants to Local Educational Agencies $1,488