FAC Explorer

Finding 660706 (2022-003)

Material Weakness Repeat Finding
Requirement
ABEILN
Questioned Costs
-
Year
2022
Accepted
2023-03-02
Audit: 85039
Organization: Spirit Lake 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

  • 84264 2022-003
    Material Weakness Repeat
  • 84265 2022-003
    Material Weakness Repeat
  • 84266 2022-003
    Material Weakness Repeat
  • 660707 2022-003
    Material Weakness Repeat
  • 660708 2022-003
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
32.009 Emergency Connectivity Fund Program $496,340
84.425 Education Stabilization Fund $234,281
84.010 Title I Grants to Local Educational Agencies $115,282
10.553 School Breakfast Program $68,623
84.367 Improving Teacher Quality State Grants $23,082
10.555 National School Lunch Program $13,534
84.424 Student Support and Academic Enrichment Program $12,127
84.027 Special Education_grants to States $8,037
84.048 Career and Technical Education -- Basic Grants to States $2,961
10.649 Pandemic Ebt Administrative Costs $614