FAC Explorer

Finding 626492 (2022-001)

Material Weakness Repeat Finding
Requirement
ABEILN
Questioned Costs
-
Year
2022
Accepted
2023-03-28
Audit: 53484
Organization: Glenwood Community School District (IA)
Auditor: Anderson Larkin CO PC

AI Summary

  • Answer: There is a lack of proper segregation of duties, allowing one employee to control multiple incompatible functions.
  • Trend: This issue could lead to increased risk of errors or fraud in handling cash, receipts, payroll, and journal entries.
  • List: Recommend reviewing and redistributing responsibilities to ensure no single employee has control over conflicting duties.

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 major federal programs; cash, receipts, payroll and journal entries. See finding II-A-22.

Categories

Internal Control / Segregation of Duties

Other Findings in this Audit

  • 50046 2022-001
    Material Weakness Repeat
  • 50047 2022-002
    Material Weakness Repeat
  • 50048 2022-001
    Material Weakness Repeat
  • 50049 2022-002
    Material Weakness Repeat
  • 50050 2022-001
    Material Weakness Repeat
  • 50051 2022-002
    Material Weakness Repeat
  • 50052 2022-001
    Material Weakness Repeat
  • 50053 2022-002
    Material Weakness Repeat
  • 50054 2022-001
    Material Weakness Repeat
  • 50055 2022-002
    Material Weakness Repeat
  • 50056 2022-001
    Material Weakness Repeat
  • 50057 2022-002
    Material Weakness Repeat
  • 626488 2022-001
    Material Weakness Repeat
  • 626489 2022-002
    Material Weakness Repeat
  • 626490 2022-001
    Material Weakness Repeat
  • 626491 2022-002
    Material Weakness Repeat
  • 626493 2022-002
    Material Weakness Repeat
  • 626494 2022-001
    Material Weakness Repeat
  • 626495 2022-002
    Material Weakness Repeat
  • 626496 2022-001
    Material Weakness Repeat
  • 626497 2022-002
    Material Weakness Repeat
  • 626498 2022-001
    Material Weakness Repeat
  • 626499 2022-002
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
84.425 Education Stabilization Fund $1.74M
84.010 Title I Grants to Local Educational Agencies $236,326
10.553 School Breakfast Program $208,494
10.555 National School Lunch Program $132,154
93.778 Medical Assistance Program $103,798
84.027 Special Education_grants to States $89,583
10.559 Summer Food Service Program for Children $78,427
93.596 Child Care Mandatory and Matching Funds of the Child Care and Development Fund $51,292
84.367 Improving Teacher Quality State Grants $47,838
84.424 Student Support and Academic Enrichment Program $42,692
84.391 Arp Special Education Grants to States $13,821
10.558 Child and Adult Care Food Program $10,751
84.048 Career and Technical Education -- Basic Grants to States $9,528
93.575 Child Care and Development Block Grant $2,113