FAC Explorer

Finding 578719 (2023-001)

Material Weakness Repeat Finding
Requirement
L
Questioned Costs
-
Year
2023
Accepted
2023-11-21
Audit: 3913
Organization: South Central Cooperative (SD)
Auditor: Schoenfish & CO INC

AI Summary

  • Answer: There is a material weakness in internal controls related to revenue management.
  • Trend: This issue highlights ongoing concerns about compliance with reporting requirements.
  • List: Follow up by implementing proper segregation of duties to strengthen internal controls.

Finding Text

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

Categories

Internal Control / Segregation of Duties Material Weakness Reporting

Other Findings in this Audit

  • 2276 2023-001
    Material Weakness Repeat
  • 2277 2023-001
    Material Weakness Repeat
  • 578718 2023-001
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
84.027 Special Education_grants to States $832,404
84.048 Career and Technical Education -- Basic Grants to States $83,293
84.173 Special Education_preschool Grants $48,246
84.425 Governors Emergency Education Relief Fund $22,508