FAC Explorer

Finding 52411 (2022-001)

Material Weakness Repeat Finding
Requirement
L
Questioned Costs
-
Year
2022
Accepted
2023-01-22
Audit: 50276
Organization: White River School District No. 47-1 (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.

Corrective Action Plan

Kim Olson, Business Manager for the White River School District, is the contact person for the corrective action for this finding. With segregation of duties being a concern and the district not being able to staff to a level sufficient to ensure an ideal environment for internal controls, we will be implementing several new practices to minimize the risk. In addition, we will continue to monitor and analyze other areas of operations to look for opportunities to modify our procedures.

Categories

Internal Control / Segregation of Duties Material Weakness Reporting

Other Findings in this Audit

  • 52412 2022-001
    Material Weakness Repeat
  • 52413 2022-001
    Material Weakness Repeat
  • 628853 2022-001
    Material Weakness Repeat
  • 628854 2022-001
    Material Weakness Repeat
  • 628855 2022-001
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
84.041 Impact Aid $1.91M
84.425 Education Stabilization Fund $711,012
84.010 Title I Grants to Local Educational Agencies $528,088
10.555 National School Lunch Program $218,099
10.553 School Breakfast Program $79,731
84.367 Improving Teacher Quality State Grants $65,070
84.424 Student Support and Academic Enrichment Program $55,597
84.060 Indian Education_grants to Local Educational Agencies $53,803
84.027 Special Education_grants to States $28,667
10.582 Fresh Fruit and Vegetable Program $14,325
84.358 Rural Education $4,490
84.173 Special Education_preschool Grants $2,539
39.003 Donation of Federal Surplus Personal Property $716