FAC Explorer

Finding 959761 (2023-002)

Material Weakness Repeat Finding
Requirement
G
Questioned Costs
-
Year
2023
Accepted
2024-03-21
Audit: 296511
Organization: Michael Rueber (IA)
Auditor: Kay L Chapman CPA PC

AI Summary

  • Answer: The District failed to separate key financial duties, which is essential for preventing errors and fraud.
  • Trend: This issue affects both revenue and expenditure management, including federal program funds.
  • List: Recommend implementing clear roles for custody, record-keeping, and reconciliation to strengthen financial controls.

Finding Text

The District did not properly segregate custody, record-keeping and reconciling functions for revenues and expenditures, including those related to federal programs. See 2023-001.

Categories

No categories assigned yet.

Other Findings in this Audit

  • 383316 2023-002
    Material Weakness Repeat
  • 383317 2023-002
    Material Weakness Repeat
  • 383318 2023-002
    Material Weakness Repeat
  • 383319 2023-002
    Material Weakness Repeat
  • 383320 2023-002
    Material Weakness Repeat
  • 959758 2023-002
    Material Weakness Repeat
  • 959759 2023-002
    Material Weakness Repeat
  • 959760 2023-002
    Material Weakness Repeat
  • 959762 2023-002
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
84.425 Education Stabilization Fund $861,537
84.010 Title I Grants to Local Educational Agencies $639,881
84.287 Twenty-First Century Community Learning Centers $393,495
10.553 School Breakfast Program $122,881
32.009 Emergency Connectivity Fund Program $72,059
84.367 Improving Teacher Quality State Grants $68,583
10.555 National School Lunch Program $68,158
84.027 Special Education_grants to States $65,315
10.559 Summer Food Service Program for Children $51,818
84.424 Student Support and Academic Enrichment Program $31,407
84.358 Rural Education $29,991
84.048 Career and Technical Education -- Basic Grants to States $9,217
10.172 Local Food Promotion Program $6,585