Finding 584880 (2023-005)

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Requirement
L
Questioned Costs
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Year
2023
Accepted
2024-01-12

AI Summary

  • Core Issue: There is a mismatch between the accounts in the general ledger and the quarterly expenditure reports.
  • Impacted Requirements: Expenditures recorded in account 2540-500 were not reported in the corresponding account 2540-300.
  • Recommended Follow-Up: Review the general ledger against the expenditure reports prior to submission for accuracy.

Finding Text

Criteria: Reporting. The accounts used to record expenditures on the quarterly expenditure reports should match the general ledger accounts where the expenditures are recorded. Condition: It was noted that there was an inconsistency when comparing the general ledger to what was reported on the expenditure reports. Quesstioned costs: None Context: Tied out all the expenditure account numbers in the general ledger versus the 6/30/23 expenditure reports. Noted that the expenditures recorded in 2540-500 in the general ledger but were not reported in 2540-300 in the expenditure report. Effect: The expenditures were not recorded/reported consistently between the two reports. Cause: A coding error was made when entering the expenditure into the general ledger. Recommendation: We recommend reviewing the general ledger to the expenditure reports before submitting for more accurate reporting. Managements response: The District will review the general ledger to the expenditure reports before submitting.

Categories

Reporting

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
84.027 Special Education_grants to States $146,342
84.010 Title I Grants to Local Educational Agencies $122,211
84.367 Improving Teacher Quality State Grants $26,630
10.555 National School Lunch Program $21,715
10.553 School Breakfast Program $19,012
84.425 Education Stabilization Fund $18,658
93.778 Medical Assistance Program $16,988
84.173 Special Education_preschool Grants $8,478
84.424 Student Support and Academic Enrichment Program $1,089
10.649 Pandemic Ebt Administrative Costs $628
84.048 Career and Technical Education -- Basic Grants to States $624