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Audit finds late reconciliations, school-food loss and Title I overage; auditors urge stronger controls
Summary
Columbus County Board of Education members heard a draft audit for the year ended June 30, 2024, that included a clean opinion on the financial statements but six findings related to reconciliations, purchase‑order controls and a school‑food program loss.
Columbus County Board of Education members heard a presentation of the district’s draft audited financial statements for year ended June 30, 2024, and were told auditors issued a clean (unmodified) opinion on the financial statements while reporting several compliance and internal-control deficiencies.
Paul Carson of Anderson Smith and WACC PLLC, the district’s external auditor, told the board the firm plans to submit the financial statements to the Local Government Commission when outstanding items are cleared. Carson said the district’s general fund balance improved to about $2.0 million as of June 30, 2024, an increase from the prior year, and that maintaining reserves is important now that COVID relief funds have expired.
Carson reviewed six findings in the compliance/internal-control section. The most significant were repeated late…
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