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Harrison County audit returns clean opinion with single finding on segregation of duties
Summary
The Harrison County Board of Education received a clean, modified 2024 audit with one finding related to segregation of duties and management-letter items on inventory counts and depository collateral.
The Harrison County Board of Education on April 1 was presented with the district's 2024 audit, which auditors submitted electronically to the state auditor's office and the federal audit clearinghouse and described as a clean, modified report with one formal finding.
The finance presenter told the board the district had a single audit finding: segregation of duties in the schools. "We have a clean and modified audit report. We have 1 audit finding, which is the segregation of the duties with the schools," the staff member said. The presenter said the district began implementing procedures and expects that finding to be resolved as of June 30, 2024.
The management letter attached to the audit highlighted two additional items the presenter described as requiring attention: physical inventory counts and depository collateral. "Inventories are required to be physically counted, and any perpetual records are to be adjusted at least annually," the presenter said. The presenter added the depository collateral issue affects a school account and that staff expect to address it.
Board members asked clarifying questions about the inventories referenced in the management letter. The presenter said the inventories include child nutrition stock, maintenance supplies, and transportation parts. A board member asked whether hard copies of the audit would be made available; the presenter said printed reports were being produced and would be distributed to trustees when received.
Nut graf: The report means the district met audit standards for the year but must correct internal control gaps at the school level on segregation of duties and improve inventory controls, district staff told trustees.
Board members did not take formal action on the audit at the time of the presentation; staff said printed reports would be delivered when available and that corrective steps were in progress.
Ending: The presenter and board members said they expect to review the 2025 audit to confirm the segregation-of-duties finding is resolved.
