DeKalb Financial Audit Results

AID 1828105 · View on Simbli

Agenda Item

a. FY24 Audit Presentation

Summary: Presented by: Georgia Department of Audits and Accounts (DOAA)
     Dekalb County
     Fiscal Year 2024                         State Auditor of Georgia
                                              Greg Griffin, CPA

     Audit Results                            Deputy State Auditor
                                              Kristina Turner, CPA,
                                              CISA, MMIS




     June 9, 2025
     Discussion with the Board

     Presented by:
     Luke Edwards – Audit
     Engagement Lead
     Janet Lester – Audit Engagement
     Partner

1 | Georgia Department of Audits & Accounts
         Agenda


                                  1. ABOUT DOAA     2. AUDIT OVERVIEW    3. AUDIT RESULTS     4. AUDIT FINDINGS
                                                                                                     AND
                                                                                             RECOMMENDATIONS




                              5. RISK DESIGNATION   6. SPLOST AUDITS    7. LOOKING TO FY25      8. QUESTIONS
                                AND CORRECTIVE
                                  ACTION PLANS

2 | Georgia Department of Audits & Accounts
         About DOAA

                                              Mission – Provide independent, unbiased information
                                              and impactful recommendations to promote
                                              accountability and improve government.



                                              Vision – Share our insights to make a positive impact
                                              on Georgia.



3 | Georgia Department of Audits & Accounts
         FY24 Audit Overview
         How do we work?




                        RISK ASSESSMENT                      FIELDWORK                      REPORTING
                           Interviews, site visits,        Analytical testing,              Issue written report
                           review of law and               samples, tests of details        with findings and
                           regulations, review of                                           recommendations
                           school documents           01                               02                          03




4 | Georgia Department of Audits & Accounts
            What did we audit?

       Financial Statements                           Compliance with Laws &             Compliance with Federal
        (Generally Accepted Auditing                       Regulations                    Award Requirements
             Standards - GAAS)                         (Generally Accepted Government            (Uniform Guidance)
                                                         Auditing Standards - GAGAS)




         Financial                       Financial   Contract & Grant     State Laws        Child                 COVID
         Position                      Performance     Agreements                          Nutrition              Funds



                                                              Internal Control
                                                                                        Special Education, English Language
                                                               Consideration
                                                                                         Acquisition, Student Support and
5 | Georgia Department of Audits & Accounts                                                    Academic Enrichment
         What were the results?
         Three letters published in the Audit Report:

         Financial Statement Opinion (ARL) – Unmodified

         Yellow Book Letter – Significant but not material items noted
         Single Audit Letter – Significant but not material item noted



6 | Georgia Department of Audits & Accounts
         Audit Findings and Recommendations
         Four “Significant Deficiencies” Noted:
         Financial Audit
         •        FS-001: Strengthen Oversight of the Information System Conversion
         •        FS-002: Strengthen Information Technology General Controls
         •        FS-003: Strengthen Controls over Employee Compensation
         Single Audit – (Federal Compliance)
         •        FA-001: Improve Controls over Employee Compensation (School Nutrition)




7 | Georgia Department of Audits & Accounts
         Risk Designation and Corrective Action
         • Senate Bill 68 Risk Designation: Moderate

         • Corrective Action Responsibilities




8 | Georgia Department of Audits & Accounts
         Coming Soon (Summer 2025)


                                  2023 SPLOST Audit




                                  2024 SPLOST Audit




9 | Georgia Department of Audits & Accounts
         Coming Soon (Fall 2025)




                             2025 Financial Audit




10 | Georgia Department of Audits & Accounts
         Questions




11 | Georgia Department of Audits & Accounts