Cushing Independent School District

EIN: 756001242

UEI: REFFLNV5JV63

Data as of August 26, 2026

Cushing Independent School District4 audit years2 findings1 repeat
4
Audit Years
2
Total Findings
1
Repeat Findings

FY 2023-08-31

Management decision deadline — for entities that funded this organization

The FAC accepted this audit on January 8, 2024. 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 July 8, 2024 (779 days ago).

What is a management decision? →
2023-001
Other
REPEAT

Timeframe: Ongoing

Show full finding ▾
Full finding narrative

Timeframe: Ongoing

Corrective Action Plan

transactions are proper and recorded in a timely manner.

Prior Finding References

2022-001

About Other →

FY 2022-08-31

FAC accepted this audit on November 20, 2022 — management decision was due May 20, 2023.

2022-001
Activities Allowed or Unallowed

Due to the limited number of personnel and changes in staff during the period audited, a total segregation of certain accounting functions was not possible. Criteria: The District continues to establish procedures that would ensure proper segregation of certain accounting functions, especially, to limit the functions of recording, authorizing and custody. Effect: As a result, during the audit period, operation of procedures might not have allowed management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct misstatements on a timely basis. Cause: The Board of Trustees and management is actively changing personnel responsibilities and procedures to limit the risk. Recommendation: We recommend that the Board of Trustees continue to monitor the internal accounting control procedures in use to assure that compensating controls are being utilized to provide assurance that assets are safeguarded and transactions are proper and recorded in a timely manner. These actions would mitigate, but not eliminate the risk of misstatement or misappropriation. Contact: Superintendent Timeframe: Ongoing

Show full finding ▾
Full finding narrative

2022-01 - Segregation of Duties Condition: Due to the limited number of personnel and changes in staff during the period audited, a total segregation of certain accounting functions was not possible. Criteria: The District continues to establish procedures that would ensure proper segregation of certain accounting functions, especially, to limit the functions of recording, authorizing and custody. Effect: As a result, during the audit period, operation of procedures might not have allowed management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct misstatements on a timely basis. Cause: The Board of Trustees and management is actively changing personnel responsibilities and procedures to limit the risk. Recommendation: We recommend that the Board of Trustees continue to monitor the internal accounting control procedures in use to assure that compensating controls are being utilized to provide assurance that assets are safeguarded and transactions are proper and recorded in a timely manner. These actions would mitigate, but not eliminate the risk of misstatement or misappropriation. Contact: Superintendent Timeframe: Ongoing

Corrective Action Plan

Corrective Action Plan 2021-01 - Segregation of Duties District management and the board will continue to monitor the internal accounting control procedures in use to assure that compensating controls are being utilized to provide assurance that assets are safeguarded and transactions are proper and recorded in a timely manner.

About Activities Allowed or Unallowed →

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.

Are you this organization?

Track your findings and corrective action plans across audit cycles.

Start tracking findings →

Do you fund this organization?

Monitor subrecipient audit findings and compliance status.

Start monitoring →

Product

Resources

Legal

Single Audit Intelligence is an independent tool powered by Federal Audit Clearinghouse data. Not affiliated with GSA, OMB, or any federal agency.

© 2026 Single Audit Intelligence. All data is public domain.