FAC Explorer

Finding 571756 (2024-001)

Material Weakness Repeat Finding
Requirement
ABF
Questioned Costs
-
Year
2024
Accepted
2025-07-22
Audit: 362760
Organization: Scotland School District No. 4-3 (SD)
Auditor: Schoenfish & CO INC

AI Summary

  • Answer: There is a material weakness in internal controls related to revenue management.
  • Trend: This issue indicates ongoing risks in compliance due to inadequate segregation of duties.
  • List: Recommend reviewing and updating internal controls to ensure proper segregation of duties for revenue processes.

Finding Text

A material weakness in internal controls was noted due to a lack of proper segregation of duties for revenues which affect compliance requirements.

Categories

Internal Control / Segregation of Duties Material Weakness

Other Findings in this Audit

  • 571755 2024-001
    Material Weakness Repeat
  • 1148197 2024-001
    Material Weakness Repeat
  • 1148198 2024-001
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
84.425 Education Stabilization Fund $632,141
84.010 Title I Grants to Local Educational Agencies $183,087
84.367 Supporting Effective Instruction State Grants (formerly Improving Teacher Quality State Grants) $50,501
10.553 School Breakfast Program $31,466
84.424 Student Support and Academic Enrichment Program $24,409
10.582 Fresh Fruit and Vegetable Program $15,958
10.555 National School Lunch Program $14,705
84.358 Rural Education $11,885
84.027 Special Education Grants to States $3,000