FAC Explorer

Finding 7532 (2022-002)

Material Weakness Repeat Finding
Requirement
ABEILN
Questioned Costs
-
Year
2022
Accepted
2024-01-05
Audit: 9832
Organization: Aplington Parkersburg Community School District (IA)
Auditor: Nolte Cornman & Johnson

AI Summary

  • Core Issue: Two employees have overlapping control over critical financial areas, increasing the risk of errors or fraud.
  • Impacted Requirements: This violates the principle of segregation of duties, essential for effective internal controls.
  • Recommended Follow-Up: Reassign responsibilities to ensure no single employee manages incompatible duties across federal program areas.

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 two individuals have control over portions of one or more of the following areas for the District relating to major federal programs; cash, disbursements, inventories, payroll, receipts, financial reporting, school nutrition program and journal entries. See finding 2022-001.

Categories

Internal Control / Segregation of Duties Reporting

Other Findings in this Audit

  • 7531 2022-002
    Material Weakness Repeat
  • 7533 2022-002
    Material Weakness Repeat
  • 583973 2022-002
    Material Weakness Repeat
  • 583974 2022-002
    Material Weakness Repeat
  • 583975 2022-002
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
10.555 National School Lunch Program $499,033
84.425 Education Stabilization Fund $329,794
84.010 Title I Grants to Local Educational Agencies $78,913
10.553 School Breakfast Program $62,918
84.367 Improving Teacher Quality State Grants $17,748
10.559 Summer Food Service Program for Children $13,038
84.048 Career and Technical Education -- Basic Grants to States $10,283
84.424 Student Support and Academic Enrichment Program $10,000
84.027 Special Education_grants to States $5,671