Corrective Action Plan 2020 Audit
Corrective Action Plan in Response to External Audit
Corrective Action Plan in Response to Nugent Haeussler’s External Audit for the period ended June 30, 2020:
Audit Findings
Federal Fund
Finding: The District recorded an incorrect General Fund share for the summer 2019 handicapped program.
RECOMMENDATION
Accurately record 80% of NYS approved summer handicapped tuition rates to the Federal Fund with the remaining amount being charged to the General Fund.
RESPONSIBLE PARTY
Treasurer
DATE IMPLEMENTED
March 15, 2021
Finding: Personnel Activity Reports (PAR) for employees working less than 1.00 FTE must be completed monthly. For employees working 1.00 FTE by §611 & 619, continue to complete PARs on a semiannual basis.
RECOMMENDATION
Verify monthly and semiannual PARs are accurately completed and timely submitted to the Business Office on the revised form provided by Nugent & Hauessler.
RESPONSIBLE PARTY
PPS & Business Office, Ms. Heather Hendershot & Ms. Louise Lynch
DATE IMPLEMENTED
December 15, 2020
Cafeteria Fund
Finding: Food Service Fund student accounts with negative balances were not written off prior to closing.
RECOMMENDATION
The negative student balances in the food service fund need to be reconciled and written off through a journal entry (with a General Fund transfer) prior to closing the food service fund.
RESPONSIBLE PARTY
Treasurer
DATE IMPLEMENTED
June 30, 2021
Cash Receipts
Finding: Funds were not deposited in a timely fashion.
RECOMMENDATION
Deposit funds as soon as possible but prior to the three day limit.
RESPONSIBLE PARTY
Student Representative (Treasurer), Student Activity Faculty Advisor & Student Activity Treasurer
DATE IMPLEMENTED
TBD
Fundraiser Profitability
Finding: Profit & Loss statements were not prepared for activities.
RECOMMENDATION
Prepare profit & loss statements for fundraisers and related activities.
RESPONSIBLE PARTY
Student Representative (Treasurer), Student Activity Faculty Advisor & Student Activity Treasurer
DATE IMPLEMENTED
TBD