FAC Explorer

Finding 946966 (2022-002)

Material Weakness
Requirement
ABEILN
Questioned Costs
-
Year
2022
Accepted
2024-02-26
Audit: 292191
Organization: North Butler Community School District (IA)
Auditor: Nolte Cornman & Johnson PC

AI Summary

  • Core Issue: An employee has too much control over multiple incompatible duties, risking internal control weaknesses.
  • Impacted Requirements: This affects compliance with internal control standards for federal programs.
  • Recommended Follow-Up: Implement proper segregation of duties to enhance oversight and reduce risk.

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, inventories, receipts, disbursements, payroll, financial reporting, and computer systems. See 2022-001.

Categories

Internal Control / Segregation of Duties Reporting

Other Findings in this Audit

  • 370524 2022-002
    Material Weakness
  • 370525 2022-002
    Material Weakness
  • 370526 2022-002
    Material Weakness
  • 946967 2022-002
    Material Weakness
  • 946968 2022-002
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
10.555 National School Lunch Program $339,101
84.425 Education Stabilization Fund $152,487
84.010 Title I Grants to Local Educational Agencies $111,995
10.553 School Breakfast Program $54,525
84.358 Rural Education $40,462
10.559 Summer Food Service Program for Children $29,692
84.367 Improving Teacher Quality State Grants $16,082
84.048 Career and Technical Education -- Basic Grants to States $12,103
84.424 Student Support and Academic Enrichment Program $10,000
84.027 Special Education_grants to States $3,907