FAC Explorer

Finding 958749 (2022-002)

Material Weakness Repeat Finding
Requirement
ABFL
Questioned Costs
-
Year
2022
Accepted
2024-03-20
Audit: 296007
Organization: Eldora-New Providence Csd (IA)
Auditor: Nolte Cornman & Johnson PC

AI Summary

  • Core Issue: One employee has too much control over critical financial areas, risking incompatible duties.
  • Impacted Requirements: This violates the principle of segregation of duties, which is 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, wire transfers, journal entries, School lunch program and computer systems. See finding 2022-001.

Categories

Internal Control / Segregation of Duties

Other Findings in this Audit

  • 382304 2022-002
    Material Weakness Repeat
  • 382305 2022-002
    Material Weakness Repeat
  • 382306 2022-002
    Material Weakness Repeat
  • 382307 2022-002
    Material Weakness Repeat
  • 958746 2022-002
    Material Weakness Repeat
  • 958747 2022-002
    Material Weakness Repeat
  • 958748 2022-002
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
84.425 Education Stabilization Fund $558,973
10.555 National School Lunch Program $287,800
84.010 Title I Grants to Local Educational Agencies $157,519
10.553 School Breakfast Program $65,697
10.559 Summer Food Service Program for Children $60,559
84.358 Rural Education $33,887
84.367 Improving Teacher Quality State Grants $21,348
84.048 Career and Technical Education -- Basic Grants to States $12,510
84.424 Student Support and Academic Enrichment Program $10,000
84.027 Special Education_grants to States $4,216
10.649 Pandemic Ebt Administrative Costs $614
10.556 Special Milk Program for Children $571