FAC Explorer

Finding 986228 (2022-004)

Material Weakness Repeat Finding
Requirement
P
Questioned Costs
-
Year
2022
Accepted
2023-01-08
Audit: 311940
Organization: Isd #2907 Round Lake Brewster (MN)
Auditor: Meulebroeck Taubert & CO Pllp

AI Summary

  • Answer: Internal accounting controls are essential for ensuring accurate financial reporting and preventing fraud.
  • Trend: Many organizations are facing challenges in maintaining effective controls due to increased complexity in operations.
  • List: Key areas to focus on include regular audits, employee training, and updating control procedures.

Finding Text

INTERNAL ACCOUNTING CONTROLS

Categories

No categories assigned yet.

Other Findings in this Audit

  • 409748 2022-002
    Material Weakness Repeat
  • 409749 2022-003
    Material Weakness Repeat
  • 409750 2022-004
    Material Weakness Repeat
  • 409751 2022-001
    Material Weakness Repeat
  • 409752 2022-001
    Material Weakness Repeat
  • 409753 2022-002
    Material Weakness Repeat
  • 409754 2022-003
    Material Weakness Repeat
  • 409755 2022-004
    Material Weakness Repeat
  • 409756 2022-001
    Material Weakness Repeat
  • 409757 2022-002
    Material Weakness Repeat
  • 409758 2022-003
    Material Weakness Repeat
  • 409759 2022-004
    Material Weakness Repeat
  • 409760 2022-001
    Material Weakness Repeat
  • 409761 2022-002
    Material Weakness Repeat
  • 409762 2022-003
    Material Weakness Repeat
  • 409763 2022-004
    Material Weakness Repeat
  • 409764 2022-001
    Material Weakness Repeat
  • 409765 2022-002
    Material Weakness Repeat
  • 409766 2022-003
    Material Weakness Repeat
  • 409767 2022-004
    Material Weakness Repeat
  • 409768 2022-001
    Material Weakness Repeat
  • 409769 2022-002
    Material Weakness Repeat
  • 409770 2022-003
    Material Weakness Repeat
  • 409771 2022-004
    Material Weakness Repeat
  • 409772 2022-001
    Material Weakness Repeat
  • 409773 2022-002
    Material Weakness Repeat
  • 409774 2022-003
    Material Weakness Repeat
  • 409775 2022-004
    Material Weakness Repeat
  • 409776 2022-001
    Material Weakness Repeat
  • 409777 2022-002
    Material Weakness Repeat
  • 409778 2022-003
    Material Weakness Repeat
  • 409779 2022-004
    Material Weakness Repeat
  • 409780 2022-001
    Material Weakness
  • 409781 2022-002
    Material Weakness
  • 409782 2022-003
    Material Weakness
  • 409783 2022-004
    Material Weakness
  • 409784 2022-001
    Material Weakness Repeat
  • 409785 2022-002
    Material Weakness Repeat
  • 409786 2022-004
    Material Weakness Repeat
  • 409787 2022-003
    Material Weakness Repeat
  • 409788 2022-001
    Material Weakness Repeat
  • 986190 2022-002
    Material Weakness Repeat
  • 986191 2022-003
    Material Weakness Repeat
  • 986192 2022-004
    Material Weakness Repeat
  • 986193 2022-001
    Material Weakness Repeat
  • 986194 2022-001
    Material Weakness Repeat
  • 986195 2022-002
    Material Weakness Repeat
  • 986196 2022-003
    Material Weakness Repeat
  • 986197 2022-004
    Material Weakness Repeat
  • 986198 2022-001
    Material Weakness Repeat
  • 986199 2022-002
    Material Weakness Repeat
  • 986200 2022-003
    Material Weakness Repeat
  • 986201 2022-004
    Material Weakness Repeat
  • 986202 2022-001
    Material Weakness Repeat
  • 986203 2022-002
    Material Weakness Repeat
  • 986204 2022-003
    Material Weakness Repeat
  • 986205 2022-004
    Material Weakness Repeat
  • 986206 2022-001
    Material Weakness Repeat
  • 986207 2022-002
    Material Weakness Repeat
  • 986208 2022-003
    Material Weakness Repeat
  • 986209 2022-004
    Material Weakness Repeat
  • 986210 2022-001
    Material Weakness Repeat
  • 986211 2022-002
    Material Weakness Repeat
  • 986212 2022-003
    Material Weakness Repeat
  • 986213 2022-004
    Material Weakness Repeat
  • 986214 2022-001
    Material Weakness Repeat
  • 986215 2022-002
    Material Weakness Repeat
  • 986216 2022-003
    Material Weakness Repeat
  • 986217 2022-004
    Material Weakness Repeat
  • 986218 2022-001
    Material Weakness Repeat
  • 986219 2022-002
    Material Weakness Repeat
  • 986220 2022-003
    Material Weakness Repeat
  • 986221 2022-004
    Material Weakness Repeat
  • 986222 2022-001
    Material Weakness
  • 986223 2022-002
    Material Weakness
  • 986224 2022-003
    Material Weakness
  • 986225 2022-004
    Material Weakness
  • 986226 2022-001
    Material Weakness Repeat
  • 986227 2022-002
    Material Weakness Repeat
  • 986229 2022-003
    Material Weakness Repeat
  • 986230 2022-001
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
84.425 Education Stabilization Fund $488,222
10.555 National School Lunch Program $294,309
10.553 School Breakfast Program $97,632
84.027 Special Education_grants to States $65,022
84.010 Title I Grants to Local Educational Agencies $60,210
93.323 Epidemiology and Laboratory Capacity for Infectious Diseases (elc) $40,000
84.358 Rural Education $31,036
84.367 Improving Teacher Quality State Grants $10,990
84.424 Student Support and Academic Enrichment Program $10,000