Audit Committee Corrective Action Plan Update 11.08.2023

FY22 Corrective Action Plan
         Update
Findings (pg 85)

Financial Statement Findings                Federal Award Findings
• Pg. 85 (Section IV pg. 2) FS2022-0001     • Pg. 93 (Section IV pg. 2) FA2022-0001
  Strengthen Oversight of the Information     Improve Budgetary Controls over
  System Conversion                           Expenditures
• Pg. 86 (Section IV pg. 3) FS2022-0002     • Pg. 95 (Section IV pg. 2) FA2022-0002
  Strengthen Information Technology           Improve Controls over Indirect Costs
  General Controls                          • Pg. 98 (Section IV pg. 2) FA2022-0003
• Pg. 87 (Section IV pg. 4) FS2022-0003       Equipment and Real Property
  Internal Control Procedures                 Management
• Pg. 90 (Section IV pg. 7) FS2022-0004
  Strengthen Controls over Employee
  Compensation
SB-68 – DOAA to Provide Designation
Corrective Action Plan Timeline
• June 29th, 2023 – Exit Conference Held with DOAA
   • Audit Committee Letter
• July 19th, 2023 – Clearance Letter – SB 68 from GaDOE
   • Details findings, designates DCSD as “Moderate Risk”
   • Questioned costs for FA2022-001, FA2022-002, and FA2022-03 “Pending”
   • Specifies a Corrective Action Plan to be submitted within 120 Days of Audit Committee Letter
• September 19, 2023– Clearance Letter – Pending Now Resolved
   • FA2022-001, FA2022-002, and FA2022-03 - “The submitted corrective action plans were
     acceptable. The finding is closed.”
   • The “submitted corrective action plan” was informal and not to be confused with the Corrective
     Action Plan related to SB 68, “Pending”
• October 16th, 2023 – DCSD Corrective Action Plan
   • Approved and signed by 5 members of the BOE and transmitted to GaDOE
   • Submitted before October 27th deadline.
Corrective Action Plan Update
• Refer to “SB 68 Corrective Action Plan FY 2022 (November 8th Audit
  Committee) FINAL”
FY23 Audit Update
FY24 Audit Timeline
• September 26th, 2023 – FY23 Books Closed
• September 27th, 2023 – Transparency in Government (TIGA) to DOAA
• September 29th, 2023 – Trial Balance / DE-046 to GADOE
• October 31st, 2023 – “Audit Kickoff” with M&J
   • See Engagement Letter dated 10/29/2023
   • Received first audit request list and access to documentation repository tool.
• November 13-17 – M&J to review DOAA workpapers
• December 1st, 2023 Financial Statement Prep and Audit Engagement to begin.
• March BOE Meeting – Delivery of FY2023 Audit Report
   • Future fiscal year reports to be delivered in December / January
Questions?