FAC Explorer

Finding 584129 (2023-003)

Material Weakness
Requirement
B
Questioned Costs
-
Year
2023
Accepted
2024-01-08
Audit: 10027
Organization: Regional School Unit No. 64 (ME)
Auditor: Brantner Thibodeau & Assoc

AI Summary

  • Issue: An invoice for work done in 2023 was not recorded as a payable.
  • Trend: Lack of effective controls over year-end accruals is a recurring problem.
  • Follow-up: Implement training on compliance requirements for federal grants and improve accounts payable processes.

Finding Text

A certain invoice for work performed in the year ending June 30,2023 was not included as a payable for that year. Client did not maintain an effective system for control over yearend accrual of accounts payable. Client was unaware of this compliance requirement for this federal grant.

Categories

No categories assigned yet.

Other Findings in this Audit

  • 7687 2023-003
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
84.010 Title I Grants to Local Educational Agencies $434,717
10.555 National School Lunch Program $303,754
10.553 School Breakfast Program $111,328
84.367 Improving Teacher Quality State Grants $53,995
84.425 Education Stabilization Fund $38,389
10.560 State Administrative Expenses for Child Nutrition $35,628
84.027 Special Education_grants to States $29,044
84.358 Rural Education $8,928
10.559 Summer Food Service Program for Children $5,688
10.649 Pandemic Ebt Administrative Costs $1,884