Finding 514391 (2024-005)

Federal Agency: U.S. Department of Education Federal Program Title: Education Stabilization Fund Assistance Listing Number: 84.425U Federal Award Identification Number and Year: S425D210045 Pass-Through Agency: Minnesota Department of Education Pass-Through Number(s): Not applicable. Award Period: June 30, 2024 Type of Finding: Significant Deficiency in Internal Control Over Compliance Condition: During cash disbursement testing, it was noted that one of the five journal entries tested did not have proper approval. Criteria or Specific Requirement: The District should have controls in place to ensure the accuracy of all federal expenses. These controls should be formally documented to ensure they have ben properly implemented. Context: One of the five journal entries did not have proper approval. Effect: Lack of proper documentation of controls over allowable costs could result in errors or intentional misrepresentation of allowable federal costs. Cause: Oversight. Repeat Finding: No. Recommendation: We recommend the District have someone reviewing all journal entries. Views of Responsible Officials: There is no disagreement with the audit finding.