NOTICE OF AUDIT

OF THE FISCAL AFFAIRS OF THE WOONSOCKET SCHOOL DISTRICT NO. 55-4

OF THE FISCAL AFFAIRS OF THE WOONSOCKET SCHOOL DISTRICT NO. 55-4

Notice is herby given that the Woonsocket School District No. 55-4, Sanborn County, South Dakota, has been audited by Schoenfish & Co., Inc., Certified Public Accountants, Parkston, South Dakota, for the year ended June 30, 2021. 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/report_all.htm.

The following findings and recommendations 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.

Internal Control – Related Findings – Material Weaknesses:

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 2006.

Recommendation:

We recommend that the Woonsocket School District officials be cognizant of this lack of segregation of duties for revenues and attempt to provide compensating internal controls whenever, and wherever, possible and practical.

The report 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

Comments are closed.

  • Weather

    Failure notice from provider:
    Connection Error:http_request_failed
  • Upcoming Events

    June 2024
    Sunday Monday Tuesday Wednesday Thursday Friday Saturday
    May 26, 2024 May 27, 2024 May 28, 2024 May 29, 2024 May 30, 2024 May 31, 2024 June 1, 2024
    June 2, 2024 June 3, 2024 June 4, 2024 June 5, 2024 June 6, 2024 June 7, 2024 June 8, 2024
    June 9, 2024 June 10, 2024 June 11, 2024 June 12, 2024 June 13, 2024 June 14, 2024 June 15, 2024
    June 16, 2024 June 17, 2024 June 18, 2024 June 19, 2024 June 20, 2024 June 21, 2024 June 22, 2024
    June 23, 2024 June 24, 2024 June 25, 2024 June 26, 2024 June 27, 2024 June 28, 2024 June 29, 2024
    June 30, 2024 July 1, 2024 July 2, 2024 July 3, 2024 July 4, 2024 July 5, 2024 July 6, 2024
  • Recent Posts

  • Contact Us

    Ph/Fax: 605.796.4221
    Email: swj4221@icloud.com

    PO BOX 218
    Woonsocket, SD 57385
  • Archives