FLORENCE COUNTY SCHOOL DISTRICT NO. 5

EIN: 570641052

UEI: CP1GUCE4KN61

Data as of August 24, 2026

FLORENCE COUNTY SCHOOL DISTRICT NO. 510 audit years10 findings10 repeat
10
Audit Years
10
Total Findings
10
Repeat Findings

FY 2025-06-30

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on December 16, 2025. Under 2 CFR 200.521(d), a pass-through entity that provided federal funds to this organization for this audit period must issue a management decision on these findings by June 16, 2026 (69 days ago).

What is a management decision? →
2025-001
Other
REPEAT

The District does not possess sufficient personnel to propely segregate all financial functions to reduce risks of financial reporting objectives and provide safeguards for the organization's assets. The District's management and current organizational structure cannot separate duties sufficiently to reduce risks of financial reporting objectives and provide safeguards for the organizatoin's assts. Effective internal control over financial reporting should include control activities developed and maintained at various levels of the organization to reduce the risk to achieve financial reporting objectives and provide safeguards over the organization's assets. Management should continue to evaluate the current organizational structure and determine the cost/benefit to the organization to implement additional safeguards. The District agrees with the finding and the recommended procedures are being monitored on an onoing basis to evaluate and determine the most cost effective way to provide safeguards to the organization's assets and the related financial reporting objectives.

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Full finding narrative

The District does not possess sufficient personnel to propely segregate all financial functions to reduce risks of financial reporting objectives and provide safeguards for the organization's assets. The District's management and current organizational structure cannot separate duties sufficiently to reduce risks of financial reporting objectives and provide safeguards for the organizatoin's assts. Effective internal control over financial reporting should include control activities developed and maintained at various levels of the organization to reduce the risk to achieve financial reporting objectives and provide safeguards over the organization's assets. Management should continue to evaluate the current organizational structure and determine the cost/benefit to the organization to implement additional safeguards. The District agrees with the finding and the recommended procedures are being monitored on an onoing basis to evaluate and determine the most cost effective way to provide safeguards to the organization's assets and the related financial reporting objectives.

Corrective Action Plan

Management continues to monitor the situation to determine the cost/benefit to the District. Presently, management believes that the cost outwights the benefit to implement the particular safeguard.

Prior Finding References

2024-001

About Other →

FY 2024-06-30

FAC accepted this audit on November 18, 2024 — management decision was due May 18, 2025.

2024-001
Other
REPEAT

The District does not possess sufficient personnel to properly segregate all financial functions to reduce risks of financial reporting objectives and provide safeguards for the organization's assets.

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Full finding narrative

The District does not possess sufficient personnel to properly segregate all financial functions to reduce risks of financial reporting objectives and provide safeguards for the organization's assets.

Corrective Action Plan

Management continues to monitor the situation to determine the cost/benefit to the District. Presently, menagement believes that the cost outweighs the benefit to implement this particular safeguard.

Prior Finding References

2023-001

About Other →

FY 2023-06-30

FAC accepted this audit on November 28, 2023 — management decision was due May 28, 2024.

2023-001
Activities Allowed or Unallowed / Cost Allowability / Reporting
REPEAT

The District does not possess sufficient personnel to properly segregate all financial functions to reduce risks of financial reporting objectives and provide safeguards for the organization's assets. The District's management and current organizational structure cannot separate duties sufficiently to reduce risks of financial reporting objectives and provide safeguards for the organization's assets. Effective internal control over financial reporting should include control activities developed and maintained at various levels of the organization to reduce the risk to achieve financial reporting objectives and provide safeguards over the organization's assets.

Show full finding ▾
Full finding narrative

The District does not possess sufficient personnel to properly segregate all financial functions to reduce risks of financial reporting objectives and provide safeguards for the organization's assets. The District's management and current organizational structure cannot separate duties sufficiently to reduce risks of financial reporting objectives and provide safeguards for the organization's assets. Effective internal control over financial reporting should include control activities developed and maintained at various levels of the organization to reduce the risk to achieve financial reporting objectives and provide safeguards over the organization's assets.

Corrective Action Plan

Management continues to monitor the stiuation to determine the cost/benefit to the District. Presently, management believes that the costs outweighs the benefit to implement this particular safeguard.

Prior Finding References

2022-001

About Activities Allowed or Unallowed, Allowable Costs / Cost Principles, Reporting →

FY 2022-06-30

FAC accepted this audit on November 16, 2022 — management decision was due May 16, 2023.

2022-001
Other
REPEAT

The District does not possess sufficient personnel to properly segregate all financial functions to reduce risks of financial reporting objectives and provide safeguards for the organization?s assets.

Show full finding ▾
Full finding narrative

The District does not possess sufficient personnel to properly segregate all financial functions to reduce risks of financial reporting objectives and provide safeguards for the organization?s assets.

Corrective Action Plan

Management continues to monitor the situation to determine the cost/benefit to the District. Presently, management believes the cost outweighs the benefit to implement the particular safeguard.

Prior Finding References

2021-001

About Other →

FY 2021-06-30

FAC accepted this audit on November 28, 2021 — management decision was due May 28, 2022.

2021-001
Other
REPEAT

The District does not possess sufficient personnel to properly segregate all financial functions to reduce risks of financial reporting objectives and provide safeguards for the organization's assets. The District's management and current organizational structure cannot separate duties sufficiently to reduce risks of financial reporting objectives and provide safeguards for the organization's assets,

Show full finding ▾
Full finding narrative

The District does not possess sufficient personnel to properly segregate all financial functions to reduce risks of financial reporting objectives and provide safeguards for the organization's assets. The District's management and current organizational structure cannot separate duties sufficiently to reduce risks of financial reporting objectives and provide safeguards for the organization's assets,

Corrective Action Plan

Management continues to monitor the situation to determine the cost/benefit to the District. Presently, management believes that the cost outweighs the benefit to implement this particular safeguard.

Prior Finding References

2020-001

About Other →

FY 2020-06-30

FAC accepted this audit on November 24, 2020 — management decision was due May 24, 2021.

2020-001
Other
REPEAT

The District's management and current organizational structure cannot separate duties sufficiently to reduce risks of financial reporting objectives and provide safeguards for the organization's assets.

Show full finding ▾
Full finding narrative

The District's management and current organizational structure cannot separate duties sufficiently to reduce risks of financial reporting objectives and provide safeguards for the organization's assets.

Corrective Action Plan

Management continues to monitor the situation to determine the cost/benefit to the District. Presently, management believes the cost outwights the benefit to implement this safeguard.

Prior Finding References

2019-001

About Other →

FY 2019-06-30

FAC accepted this audit on November 19, 2019 — management decision was due May 19, 2020.

2019-001
Other
REPEAT

The District does not possess sufficient personnel to properly segregate all financial functions to reduce risks of financial reporting objectives and provide safeguards of the organization's assets.

Show full finding ▾
Full finding narrative

The District does not possess sufficient personnel to properly segregate all financial functions to reduce risks of financial reporting objectives and provide safeguards of the organization's assets.

Corrective Action Plan

Management continues to monitor the situation to determine the cost/benefit to the district. Presently, management believes that the cost outweighs the benefits to implement this particular safeguard.

Prior Finding References

2018-001

About Other →

FY 2018-06-30

FAC accepted this audit on November 27, 2018 — management decision was due May 27, 2019.

2018-001
Other
REPEAT

GSA_MIGRATION

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GSA_MIGRATION

Corrective Action Plan

GSA_MIGRATION

Prior Finding References

2017-001

About Other →

FY 2017-06-30

FAC accepted this audit on November 28, 2017 — management decision was due May 28, 2018.

2017-001
Other
REPEAT

GSA_MIGRATION

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GSA_MIGRATION

Corrective Action Plan

GSA_MIGRATION

Prior Finding References

2016-001

About Other →

FY 2016-06-30

FAC accepted this audit on November 27, 2016 — management decision was due May 27, 2017.

2016-001
Other
REPEAT

GSA_MIGRATION

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GSA_MIGRATION

Corrective Action Plan

GSA_MIGRATION

Prior Finding References

2015-001

About Other →

Data source: This information comes from the Federal Audit Clearinghouse, the official repository of Single Audit data. All data is public domain. Verify this organization's audit history at fac.gov.

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