FAC Explorer

Finding 614439 (2022-003)

Material Weakness
Requirement
ABEILN
Questioned Costs
-
Year
2022
Accepted
2023-03-28
Audit: 36813
Organization: South Hamilton Community School District (IA)
Auditor: Cornwell Frideres Maher & Associates P L C

AI Summary

  • Answer: The district failed to properly separate duties related to custody, record-keeping, and reconciling functions.
  • Trend: This issue is consistent with previous findings, indicating ongoing weaknesses in internal controls.
  • List: Review and implement proper segregation of duties, especially for federal programs, to enhance accountability and reduce risk.

Finding Text

2022-003 SEGREGATION OF DUTIES - THE DISTRICT DID NOT PROPERLY SEGREGATE CUSTODY, RECORD-KEEPING AND RECONCILING FUNCTIONS, INCLUDING THOSE RELATED TO FEDERAL PROGRAMS. SEE 2022-001.

Categories

Internal Control / Segregation of Duties

Other Findings in this Audit

  • 37995 2022-003
    Material Weakness
  • 37996 2022-003
    Material Weakness
  • 37997 2022-003
    Material Weakness
  • 614437 2022-003
    Material Weakness
  • 614438 2022-003
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
10.555 National School Lunch Program $492,208
10.553 School Breakfast Program $91,072
84.010 Title I Grants to Local Educational Agencies $73,373
84.367 Improving Teacher Quality State Grants $13,145
84.424 Student Support and Academic Enrichment Program $10,000
84.048 Career and Technical Education -- Basic Grants to States $7,612
84.027 Special Education_grants to States $4,300
84.425 Education Stabilization Fund $2,542
10.556 Special Milk Program for Children $778