FAC Explorer

Finding 576828 (2022-002)

Material Weakness Repeat Finding
Requirement
ABEILN
Questioned Costs
-
Year
2022
Accepted
2023-10-18
Audit: 813
Organization: Union Community School District (IA)
Auditor: Nolte Cornman & Johnson PC

AI Summary

  • Core Issue: One employee has too much control over critical financial areas, increasing the risk of errors or fraud.
  • Impacted Requirements: This violates the principle of segregation of duties, which is essential for effective internal controls.
  • Recommended Follow-Up: Review and reassign responsibilities to ensure that no single employee manages incompatible duties.

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 major federal programs; cash, inventories, receipts, disbursements, financial reporting, journal entries and the school lunch program. See finding 2022-001.

Categories

Internal Control / Segregation of Duties Reporting

Other Findings in this Audit

  • 384 2022-002
    Material Weakness Repeat
  • 385 2022-002
    Material Weakness Repeat
  • 386 2022-002
    Material Weakness Repeat
  • 387 2022-002
    Material Weakness Repeat
  • 388 2022-002
    Material Weakness Repeat
  • 389 2022-002
    Material Weakness Repeat
  • 576826 2022-002
    Material Weakness Repeat
  • 576827 2022-002
    Material Weakness Repeat
  • 576829 2022-002
    Material Weakness Repeat
  • 576830 2022-002
    Material Weakness Repeat
  • 576831 2022-002
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
10.555 National School Lunch Program $640,905
84.425 Education Stabilization Fund $242,554
10.553 School Breakfast Program $123,208
84.010 Title I Grants to Local Educational Agencies $93,446
84.367 Improving Teacher Quality State Grants $25,742
84.424 Student Support and Academic Enrichment Program $10,000
84.027 Special Education_grants to States $6,850
84.048 Career and Technical Education -- Basic Grants to States $5,368
10.556 Special Milk Program for Children $825