FAC Explorer

Finding 602683 (2022-002)

Material Weakness Repeat Finding
Requirement
BL
Questioned Costs
-
Year
2022
Accepted
2023-03-19
Audit: 17952
Organization: West Branch Community School District (IA)
Auditor: Kay L Chapman

AI Summary

  • Answer: The District failed to separate key financial duties, which is a significant control weakness.
  • Trend: This issue affects both revenue and expenditure processes, including federal program funds.
  • List: Recommended actions include implementing proper segregation of duties and regular audits to ensure compliance.

Finding Text

The District did not properly segregate custody, record-keeping and reconciling functions for revenues and expenditures, including those related to federal programs.

Categories

No categories assigned yet.

Other Findings in this Audit

  • 26239 2022-002
    Material Weakness Repeat
  • 26240 2022-002
    Material Weakness Repeat
  • 26241 2022-002
    Material Weakness Repeat
  • 26242 2022-002
    Material Weakness Repeat
  • 602681 2022-002
    Material Weakness Repeat
  • 602682 2022-002
    Material Weakness Repeat
  • 602684 2022-002
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
10.555 National School Lunch Program $383,746
84.425 Education Stabilization Fund $352,538
84.010 Title I Grants to Local Educational Agencies $65,027
10.553 School Breakfast Program $41,850
84.027 Special Education_grants to States $33,686
10.559 Summer Food Service Program for Children $33,122
84.367 Improving Teacher Quality State Grants $17,516
84.424 Student Support and Academic Enrichment Program $10,000
84.048 Career and Technical Education -- Basic Grants to States $4,077
10.649 Pandemic Ebt Administrative Costs $614