FAC Explorer

Finding 627167 (2022-002)

Material Weakness Repeat Finding
Requirement
ABL
Questioned Costs
-
Year
2022
Accepted
2023-06-21
Audit: 50361
Organization: Center Point-Urbana 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, essential 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, financial reporting, computer systems and school lunch program. See finding 2022-001.

Categories

Internal Control / Segregation of Duties Reporting

Other Findings in this Audit

  • 50722 2022-002
    Material Weakness Repeat
  • 50723 2022-002
    Material Weakness Repeat
  • 50724 2022-002
    Material Weakness Repeat
  • 50725 2022-002
    Material Weakness Repeat
  • 50726 2022-002
    Material Weakness Repeat
  • 627164 2022-002
    Material Weakness Repeat
  • 627165 2022-002
    Material Weakness Repeat
  • 627166 2022-002
    Material Weakness Repeat
  • 627168 2022-002
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
10.555 National School Lunch Program $886,953
84.425 Education Stabilization Fund $260,907
10.553 School Breakfast Program $120,286
84.010 Title I Grants to Local Educational Agencies $79,072
84.367 Improving Teacher Quality State Grants $16,932
84.424 Student Support and Academic Enrichment Program $10,000
84.027 Special Education_grants to States $8,494
84.048 Career and Technical Education -- Basic Grants to States $3,333
21.019 Coronavirus Relief Fund $1,117
10.649 Pandemic Ebt Administrative Costs $614