FAC Explorer

Finding 525934 (2023-002)

Material Weakness Repeat Finding
Requirement
ABEILN
Questioned Costs
-
Year
2023
Accepted
2025-03-06
Audit: 345100
Organization: Riceville Community School District (IA)
Auditor: Nolte Cornman & Johnson PC

AI Summary

  • Core Issue: One employee has too much control over critical areas, risking incompatible duties.
  • Impacted Requirements: This affects the internal control structure necessary for federal programs.
  • Recommended Follow-Up: Implement proper segregation of duties to enhance oversight and compliance.

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, inventories, capital assets, receipts, payroll, disbursements and computer systems. See finding 2023-001.

Corrective Action Plan

The District will continue to monitor the segregation of duties and put checks in place where applicable.

Categories

Internal Control / Segregation of Duties

Other Findings in this Audit

  • 525935 2023-002
    Material Weakness Repeat
  • 525936 2023-002
    Material Weakness Repeat
  • 525937 2023-002
    Material Weakness Repeat
  • 525938 2023-002
    Material Weakness Repeat
  • 1102376 2023-002
    Material Weakness Repeat
  • 1102377 2023-002
    Material Weakness Repeat
  • 1102378 2023-002
    Material Weakness Repeat
  • 1102379 2023-002
    Material Weakness Repeat
  • 1102380 2023-002
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
10.555 National School Lunch Program $203,077
84.010 Title I Grants to Local Educational Agencies $170,478
10.559 Summer Food Service Program for Children $46,095
10.553 School Breakfast Program $36,226
84.367 Supporting Effective Instruction State Grants (formerly Improving Teacher Quality State Grants) $21,284
84.027 Special Education Grants to States $15,655
84.424 Student Support and Academic Enrichment Program $10,000
84.425 Education Stabilization Fund $8,627
84.048 Career and Technical Education -- Basic Grants to States $8,150
10.185 Local Food for Schools Cooperative Agreement Program $8,000