Notice is hereby given that Sanborn Central School District No. 55-5, Sanborn County, South Dakota, has been audited by Schoenfish & Co., Inc., Parkston, South Dakota, for the year ended June 30, 2016. A detailed report thereon is available for public inspection, during normal business hours, at the business office of the School District, and also available at the Department of Legislative Audit in Pierre, South Dakota, or on the Department of Legislative Audit website at http://www.state.sd.us/legislativeaudit/Reports/reports_all.htm.
The following finding and recommendation provide a brief description of material weaknesses in internal control, legal noncompliance and other matters that are described in more detail in the audit report.
Finding:
A material weakness in internal controls was noted due to a lack of proper segregation of duties for revenues. This is a continuing audit comment since fiscal year 2013.
Recommendation:
We recommend that the Sanborn Central School District officials be cognizant of this lack of segregation of duties for revenues and attempt to provide compensating internal controls whenever, and where ever, possible and practical.
The report also contains the auditor’s findings and recommendations concerning less significant deficiencies in internal control at the School District.
s/s: SCHOENFISH & CO., INC., CPA’S
-
Weather
WoonsocketJanuary 27, 2023, 8:53 am23°Freal feel: 6°Fhumidity: 78%wind speed: 18 mph NNWwind gusts: 31 mphUpcoming Events
January 2023 SSunday MMonday TTuesday WWednesday TThursday FFriday SSaturday 1January 1, 2023 2January 2, 2023 3January 3, 2023 4January 4, 2023 5January 5, 2023 6January 6, 2023 7January 7, 2023 8January 8, 2023 9January 9, 2023 10January 10, 2023 11January 11, 2023 12January 12, 2023 13January 13, 2023 14January 14, 2023 15January 15, 2023 16January 16, 2023 17January 17, 2023 18January 18, 2023 19January 19, 2023 20January 20, 2023 21January 21, 2023 22January 22, 2023 23January 23, 2023 24January 24, 2023 25January 25, 2023 26January 26, 2023 27January 27, 2023 28January 28, 2023 29January 29, 2023 30January 30, 2023 31January 31, 2023 1February 1, 2023 2February 2, 2023 3February 3, 2023 4February 4, 2023 -
Recent Posts
Contact Us
Archives
Tweet