Finding 596723 (2022-002)

Material Weakness Repeat Finding

Requirement

ABEIN

Questioned Costs

-

Year

2022

Accepted

2023-06-11

Audit: 26238

Organization: Sergeant Bluff-Luton Community School District (IA)

Auditor: Nolte Cornman & Johnson PC

AI Summary

Core Issue: One employee has too much control over multiple financial areas, risking incompatible duties.
Impacted Requirements: This violates the principle of segregation of duties, which is crucial for internal controls.
Recommended Follow-up: Review and redistribute responsibilities to ensure no single employee manages conflicting tasks.

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 federal programs; cash, investments, receipts, disbursements, wire transfers, financial reporting, computer systems and journal entries. See finding 2022-001.

Programs in Audit

ALN	Program Name	Expenditures
10.555	National School Lunch Program	$928,612
84.425	Education Stabilization Fund	$608,170
32.009	Emergency Connectivity Fund Program	$234,000
10.553	School Breakfast Program	$132,490
84.010	Title I Grants to Local Educational Agencies	$109,646
93.575	Child Care and Development Block Grant	$60,345
84.126	Rehabilitation Services_vocational Rehabilitation Grants to States	$44,059
84.367	Improving Teacher Quality State Grants	$39,516
84.048	Career and Technical Education -- Basic Grants to States	$14,062
84.424	Student Support and Academic Enrichment Program	$10,000
84.027	Special Education_grants to States	$9,980
93.658	Foster Care_title IV-E	$830
10.649	Pandemic Ebt Administrative Costs	$614

Finding 596723 (2022-002)

AI Summary

Finding Text

Categories

Other Findings in this Audit

Programs in Audit