FAC Explorer

Finding 529139 (2024-003)

Material Weakness Repeat Finding
Requirement
ABCEHL
Questioned Costs
-
Year
2024
Accepted
2025-03-20
Audit: 347109
Organization: West Fork Community School District (IA)
Auditor: Cornwell Frideres Maher & Associates P L C

AI Summary

  • Answer: The district failed to properly separate duties related to custody, record-keeping, and reconciling functions.
  • Trend: This issue affects compliance with federal program requirements and increases the risk of errors or fraud.
  • List: Recommend implementing clear role definitions and controls to ensure proper segregation of duties.

Finding Text

SEGREGATION OF DUTIES - THE DISTRICT DID NOT PROPERLY SEGREGATE CUSTODY, RECORD-KEEPING AND RECONCILING FUNCTIONS, INCLUDING THOSE RELATED TO FEDERAL PROGRAMS. SEE 2024-001

Corrective Action Plan

SEE RESPONSE AND CORRECTIVE ACTION PLAN AT 2024-001

Categories

Internal Control / Segregation of Duties

Other Findings in this Audit

  • 1105581 2024-003
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
97.039 Hazard Mitigation Grant $1.03M
84.425 Education Stabilization Fund $402,655
84.010 Title I Grants to Local Educational Agencies $111,600
84.027 Special Education Grants to States $37,097
10.553 School Breakfast Program $31,309
84.367 Supporting Effective Instruction State Grants (formerly Improving Teacher Quality State Grants) $22,983
21.027 Coronavirus State and Local Fiscal Recovery Funds $21,180
10.555 National School Lunch Program $20,410
84.048 Career and Technical Education -- Basic Grants to States $20,100
84.424 Student Support and Academic Enrichment Program $11,298
10.185 Local Food for Schools Cooperative Agreement Program $8,000