Financial Statement update 7-11-2024

AID 1677880 · View on Simbli

Agenda Item

1. Annual Financial Audit Update

Summary: Presented by: Mr. Byron Schueneman, Chief Financial Officer, Division of Finance
                                                                       Mr. Diijon DaCosta Sr., Board Chair
                                                                        Mrs. Deirdre P. Pierce, Vice Chair
                                                                                           Mrs. Anna Hill
                                                                                  Mrs. Whitney McGinniss
                                                                                      Ms. Allyson Gevertz
                                                                                     Mrs. Vickie B. Turner
Dr. Devon Q. Horton, Superintendent                                                     Dr. Joyce Morley




                                               July 11, 2024

Attn: Audit Committee
Re: Mauldin & Jenkins FY2023 Financial Statement Audit


Financial Statement Audit
Progress & Outstanding Items / Issues / Timeline
1. 100 requested items
       a. 33 accepted (auditors reviewed & signed off)
       b. 17 fulfilled (submitted but auditor hasn't reviewed)
       c. 14 returned (provided information/answer & auditors had a follow-up)
       d. 36 outstanding. Outstanding items consist of
                i. Capital Assets/CIP (goal of submitting COB Monday, which will clear 9 items)
               ii. Fund Balance
              iii. Walkthroughs/Confirmations/Letters (15 items)
              iv. Census Testing
                       1. TRS/OPEB employee samples (awaiting HR to fulfill).
2. Issues Noted
       a. None noted at this time.
3. Timeline
       a. Estimated completion by the end of August if remaining items are received next week. Will
           require a collaborative effort across divisions.




Robert R. Freeman Administrative Complex
1701 Mountain Industrial Blvd. | Stone Mountain, GA 30083
678.676.1200 | www.dekalbschoolsga.org
Single Audit - Federal Programs
Programs Tested / Outstanding Items:
   1. ESSER
          a. internal control memo
          b. question on schoolwide program
   2. ECF - Emergency Connectivity Fund
          a. internal control memo
          b. award documents
          c. ECF inventory list
          d. expenditure sample supporting documents (auditors haven't selected sample yet)
   3. CNC - Child Nutrition Cluster
          a. expenditure sample
          b. payroll sample
          c. DE107s, eligibility sample
          d. supporting documents for all samples provided
   4. Title I
          a. time & attendance sample
          b. internal control memo
          c. charter school support
          d. drawdown support
          e. homeless children funds support




                              ______________________________
                                       Byron Schueneman
                      Chief Financial Officer, DeKalb County School District


Robert R. Freeman Administrative Complex
1701 Mountain Industrial Blvd. | Stone Mountain, GA 30083
678.676.1200 | www.dekalbschoolsga.org