FAC Explorer

Finding 57896 (2022-002)

- Repeat Finding
Requirement
ABIL
Questioned Costs
-
Year
2022
Accepted
2023-04-05
Audit: 54521
Organization: Yorkville Joint #2 School District (WI)
Auditor: Chamberlain Otte CPAS LLP

AI Summary

  • Answer: The audit firm is responsible for preparing the District's financial statements.
  • Trend: This practice is consistent with industry standards for ensuring accuracy and compliance.
  • List: Monitor the audit firm's performance and ensure timely delivery of financial statements.

Finding Text

The District has the audit firm prepare the financial statements.

Corrective Action Plan

Management Response - The District Administrator and Business Manager review and approve the financial statements. Upon completion of the full audit, the school board reviews, comments on and approves the audited financial statements.

Categories

No categories assigned yet.

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
10.555 National School Lunch Program $594,531
84.027 Special Education_grants to States $113,063
93.778 Medical Assistance Program $73,870
84.358 Rural Education $36,572
84.010 Title I Grants to Local Educational Agencies $22,972
84.173 Special Education_preschool Grants $11,600
84.424 Student Support and Academic Enrichment Program $10,000
84.367 Improving Teacher Quality State Grants $5,375