FAC Explorer

Finding 627207 (2022-003)

Material Weakness
Requirement
ABI
Questioned Costs
-
Year
2022
Accepted
2023-03-29
Audit: 43299
Organization: English Valleys Community School District (IA)
Auditor: Terpstra Hoke and Associates PC

AI Summary

  • Core Issue: The District failed to properly segregate duties related to record keeping, payments, and reconciliations for disbursements and payroll.
  • Impacted Requirements: This affects compliance with internal controls and federal program regulations.
  • Recommended Follow-Up: Implement clear segregation of duties to enhance accountability and reduce risk of errors or fraud.

Finding Text

2022-003 Segregation of Duties The District did not properly segregate record keeping, payment of disbursements and payroll, and reconciling functions for disbursements and payroll, including those related to federal programs. See 2022-001.

Categories

Internal Control / Segregation of Duties

Other Findings in this Audit

  • 50762 2022-002
    Material Weakness
  • 50763 2022-003
    Material Weakness
  • 50764 2022-002
    Material Weakness
  • 50765 2022-003
    Material Weakness
  • 627204 2022-002
    Material Weakness
  • 627205 2022-003
    Material Weakness
  • 627206 2022-002
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
10.555 National School Lunch Program $306,639
84.425 Education Stabilization Fund $170,246
10.553 School Breakfast Program $85,807
84.010 Title I Grants to Local Educational Agencies $85,446
84.358 Rural Education $37,119
84.367 Supporting Effective Instruction State Grants $15,368
84.424 Student Support and Academic Enrichment Program $10,000
84.048 Career and Technical Education - Basic Grants to States $5,926
84.027 Special Education Grants to States $3,373