FAC Explorer

Finding 576819 (2023-001)

Material Weakness Repeat Finding
Requirement
L
Questioned Costs
-
Year
2023
Accepted
2023-10-18
Audit: 801
Organization: Marseilles Elementary School District No. 150 (IL)
Auditor: Newkirk & Associates INC

AI Summary

  • Answer: The District lacks adequate controls for financial reporting.
  • Trend: There is a reliance on auditors due to insufficient internal expertise.
  • List: Recommend training for District staff and developing internal controls.

Finding Text

Criteria or specific requirement: The District must have functioning controls over financial reporting. Condition: The District does not have all of the controls described above, and relies upon the auditor for this expertise. Context: It was determined that District personnel do not have the expertise necessary to prepare external financial reports without assistance from the auditor.

Categories

Reporting

Other Findings in this Audit

  • 377 2023-001
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
84.425 Elementary and Secondary School Emergency Relief Grant $688,520
10.555 National School Lunch Program $251,169
84.010 Title I- Low Income $217,499
84.027 Fed. Sp. Ed.- Idea- Through $155,170
10.553 School Breakfast Program $70,160
93.778 Medical Assistance Program $47,027
84.367 Improving Teacher Quality State Grants $23,104
84.010 Title I- School Improvement $20,000
84.424 Student Support and Academic Enrichment Program $17,550
10.555 Commodities $13,538
84.173 Fed. Sp. Ed.- Preschool Flow-Through $13,422
84.358 Rural Education $13,357
10.555 Dept. of Defense- Fresh Fruits and Vegetables $9,081
10.649 National School Lunch Program $14