Five Year Comparison of Audit Findings
School store or P.E. uniform sales made more/less profit than potential based upon ratio analysis
Year |
2020 |
2019 |
2018 |
2017 |
2016 |
Number of schools with the finding |
4 |
6 |
7 |
4 |
4 |
Percentage of schools with the finding |
4% |
7% |
10% |
6% |
6% |
Donation in excess of $250.00 which the school did not formally acknowledge
Year |
2020 |
2019 |
2018 |
2017 |
2016 |
Number of schools with the finding |
5 |
5 |
9 |
4 |
15 |
Percentage of schools with the finding |
6% |
6% |
13% |
6% |
21% |
Failure to report property acquisition to property and records department
Year |
2020 |
2019 |
2018 |
2017 |
2016 |
Number of schools with the finding |
9 |
3 |
6 |
8 |
7 |
Percentage of schools with the finding |
10% |
3% |
8% |
11% |
10% |
Proper fund-raising forms were not completed (MIS582 and/or MIS583)
Year |
2020 |
2019 |
2018 |
2017 |
2016 |
Number of schools with the finding |
9 |
9 |
8 |
3 |
7 |
Percentage of schools with the finding |
10% |
10% |
11% |
4% |
10% |
Weaknesses found in fee based program
Year |
2020 |
2019 |
2018 |
2017 |
2016 |
Number of schools with the finding |
2 |
3 |
4 |
4 |
4 |
Percentage of schools with the finding |
2% |
3% |
6% |
6% |
6% |
Payments made to individuals without going through payroll or financial accounting
Year |
2020 |
2019 |
2018 |
2017 |
2016 |
Number of schools with the finding |
6 |
12 |
12 |
3 |
6 |
Percentage of schools with the finding |
7% |
13% |
13% |
4% |
8% |
Purchase orders not utilized as required
Year |
2020 |
2019 |
2018 |
2017 |
2016 |
Number of schools with the finding |
0 |
1 |
5 |
6 |
1 |
Percentage of schools with the finding |
0% |
1% |
7% |
8% |
1% |
Money collected by teachers or staff was not remitted to the bookkeeper in a timely manner
Year |
2020 |
2019 |
2018 |
2017 |
2016 |
Number of schools with the finding |
0 |
1 |
1 |
1 |
2 |
Percentage of schools with the finding |
0% |
1% |
1% |
1% |
3% |
Material weaknesses in the cash receipt/cash disbursement process
Year |
2020 |
2019 |
2018 |
2017 |
2016 |
Number of schools with the finding |
13 |
13 |
10 |
5 |
5 |
Percentage of schools with the finding |
14% |
14% |
11% |
7% |
7% |
Account ended the year with a negative balance
Year |
2020 |
2019 |
2018 |
2017 |
2016 |
Number of schools with the finding |
1 |
1 |
3 |
2 |
2 |
Percentage of schools with the finding |
1% |
1% |
4% |
3% |
3% |
Failure to obtain cooperative organization report or cooperative organization was not properly formed
Year |
2020 |
2019 |
2018 |
2017 |
2016 |
Number of schools with the finding |
6 |
4 |
2 |
2 |
2 |
Percentage of schools with the finding |
7% |
4% |
3% |
3% |
3% |
Totals
Year |
2020 |
2019 |
2018 |
2017 |
2016 |
Total Number of findings |
58 |
59 |
71 |
46 |
61 |
Total Number of Schools with Internal Funds |
92 |
91 |
91 |
91 |
91 |