FAC Explorer

Finding 626614 (2022-001)

Material Weakness Repeat Finding
Requirement
L
Questioned Costs
-
Year
2022
Accepted
2023-02-03
Audit: 42715
Organization: Platte-Geddes School Dist. No. 11-5 (SD)
Auditor: Schoenfish & CO INC

AI Summary

  • Answer: There is a material weakness in internal controls related to revenue management.
  • Trend: This issue highlights ongoing concerns about compliance with reporting requirements.
  • List: Follow up by implementing proper segregation of duties to strengthen internal controls.

Finding Text

A material weakness in internal controls was noted due to a lack of proper segregation of duties for revenues which affect the reporting compliance requirement category.

Categories

Internal Control / Segregation of Duties Material Weakness Reporting

Other Findings in this Audit

  • 50172 2022-001
    Material Weakness Repeat
  • 50173 2022-001
    Material Weakness Repeat
  • 626615 2022-001
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
84.425 Education Stabilization Fund $320,416
84.010 Title I Grants to Local Educational Agencies $186,438
10.555 National School Lunch Program $182,760
84.048 Career and Technical Education -- Basic Grants to States $39,974
84.367 Improving Teacher Quality State Grants $37,303
84.027 Special Education_grants to States $33,921
84.424 Student Support and Academic Enrichment Program $15,733
84.358 Rural Education $13,594
10.553 School Breakfast Program $11,007
84.173 Special Education_preschool Grants $3,004
39.003 Donation of Federal Surplus Personal Property $978