FAC Explorer

Finding 519725 (2023-002)

Material Weakness Repeat Finding
Requirement
ABFL
Questioned Costs
-
Year
2023
Accepted
2025-01-20
Audit: 338828
Organization: Central Decatur Community School District (IA)
Auditor: Nolte Cornman & Johnson

AI Summary

  • Core Issue: One employee has too much control over critical financial areas, risking internal control weaknesses.
  • Impacted Requirements: Segregation of duties is not being properly implemented, which is essential for safeguarding assets and ensuring accountability.
  • Recommended Follow-Up: Reassess and redistribute responsibilities among staff to ensure proper segregation of duties in financial processes.

Finding Text

Segregation of Duties - 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 major federal programs; cash, investments, capital assets, receipts, computer systems and journal entries. See finding 2023-001.

Corrective Action Plan

The District reviews this audit finding internally on an annual basis, identifying control procedures and processes that would leverage movement toward the maximum internal control possible with available staffing although this is difficult with a limited number of employees.

Categories

Internal Control / Segregation of Duties

Other Findings in this Audit

  • 519726 2023-002
    Material Weakness Repeat
  • 1096167 2023-002
    Material Weakness Repeat
  • 1096168 2023-002
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
84.425 Education Stabilization Fund $720,351
10.555 National School Lunch Program $386,756
84.010 Title I Grants to Local Educational Agencies $226,973
10.553 School Breakfast Program $109,768
32.009 Emergency Connectivity Fund Program $40,980
84.367 Supporting Effective Instruction State Grants (formerly Improving Teacher Quality State Grants) $32,932
84.027 Special Education Grants to States $30,948
10.582 Fresh Fruit and Vegetable Program $23,829
10.559 Summer Food Service Program for Children $21,355
10.558 Child and Adult Care Food Program $20,585
84.358 Rural Education $18,999
84.424 Student Support and Academic Enrichment Program $14,666
84.048 Career and Technical Education -- Basic Grants to States $11,472
21.027 Coronavirus State and Local Fiscal Recovery Funds $4,066