Finding Text
Condition: Our testing in the area of cash disclosed that monthly reconciliations were not being
performed accurately or timely for most of the year. The new personnel work diligently to get the
bank accounts reconciled and up to date with the help of the Service Center. There were still
unreconciled balances that were not identified.
Effect: Accounting processes can be performed incorrectly or not be performed entirely.
Recommendation: New CFO and Superintendent have been hired and together are working diiigently
to get a starting point on the bank account and work forward. We recommend the District provide
personnel training and processes to verify that all l accounts are reconciled to the general ledger
monthly, and those reconciliations are properly reviewed and approved.
Management response/corrective action plan: See page 79.