Nebraska Administrative Code › Topic - EDUCATION, DEPARTMENT OF › Title 92 - NEBRASKA DEPARTMENT OF EDUCATION › Chapter 1 - RULES AND REGULATIONS GOVERNING THE AUDIT OF NEBRASKA PUBLIC SCHOOL DISTRICTS › Section 92-1-003 - Audit Requirements

Current through June 17, 2024
The audit must be conducted in accordance with Auditing
				  Standards Generally Accepted in the United States of America and the standards
				  for financial and compliance audits contained in
Government
				  Auditing Standards
issued by the Comptroller General of the United
				  States (Appendix C, a copy of which is on file at the Nebraska Department of
				  Education's central office in Lincoln
003.01 If a separate management letter is
				referenced as a part of the Report on the Internal Control and/or the Report on
				Compliance with laws and regulations it shall be filed as part of the financial
				(audit) report.
003.02 All school
				districts that expend $750,000 or more in a fiscal year in federal awards
				(including the value of commodities provided by the U.S. Department of
				Agriculture) are also required to have an audit conducted and reported in
				accordance with 2 CFR Part 200 Subpart F - Audit Requirements (Appendix A, a
				copy of which is on file at the Nebraska Department of Education's central
				office in Lincoln), and the American Institute of Certified Public Accountants
				Audit and Accounting Guide entitled
Audits of State and Local
				Governmental Units
(Appendix B, a copy of which is on file at the
				Nebraska Department of Education's central office in Lincoln).
003.03 The tests for compliance required for
				the audit includes those necessary to conform to current Auditing Standards
				Generally Accepted in the United States of America and
Government
				Auditing Standards
(Appendix C, a copy of which is on file at the
				Nebraska Department of Education's central office in Lincoln). The audit
				includes tests for compliance with the calculation of Average Daily Membership
				reported on the Annual Statistical Summary Report as specified in 92 NAC 2,
				requirements of the Nebraska Budget Act (commencing with Section
				13-501
				R.R.S.), and the Tax Equity and Educational Opportunities Support Act
				(commencing with Section
				79-1001
				R.R.S.) for school districts.
003.03A All
				compliance deviations related to Average Daily Attendance and Average Daily
				Membership (as those two elements are described in Section 006 of 92 NAC 2),
				the Nebraska Budget Act and the Tax Equity and Educational Opportunities
				Support Act (TEEOSA) must be included in the report on compliance required by
				Government Auditing Standards (Appendix C, a copy of which is on file at the
				Nebraska Department of Education's central office in Lincoln) or a letter to
				management (the School District Board of Education) and must be addressed by
				the school district per Section
				003.05 of this Chapter.
003.03B
Average Daily Attendance
				(ADA) and Average Daily Membership (ADM) Testing Requirements for School
				Districts
: Written documentation of the testing done of the ADA
				and ADM must be completed and submitted with all school district audit reports.
				The documentation must state confirmation of the following:
003.03B1 Documentation of the school
				district's policies and procedures for collecting student membership and
				attendance data.
003.03B2 The
				school district is following its policies and procedures for collecting student
				census data.
003.03B3 Attendance at
				the school district is collected at least daily and calculated to the nearest
				hundredth of a day.
003.03B4 The
				school district maintains a cumulative attendance and membership record of each
				student.
003.03B5 The cumulative
				attendance and membership records contain the date of enrollment, number of
				days or partial days in attendance and absent during each school year enrolled,
				and the date of withdrawal or graduation.
003.03B6 The student attendance reported in
				the Nebraska Department of Education's (NDE) approved data collection system
				(e.g. ADVISER) have been traced back to the school district's student
				information system for the school year.
003.03C A statement must be written for the
				following: A sample pool of students attendance records must be tested for the
				school year and must be traced to the students' enrollment files to verify that
				the sample students' are enrolled as students' of the school district for the
				dates claimed in the attendance record.
003.03C1 If applicable: Reportable instances
				of noncompliance were included in the Independent Auditor's Report on Internal
				Control Over Financial Reporting and on Compliance and Other Matters Based on
				an Audit of Financial Statements Performed in Accordance With
Government Auditing Standards.
003.03D A statement must be written for the
				following: A sample of expense allocations were tested verifying appropriate
				allocating to the school building level.
003.03D1 If applicable: Reportable instances
				of noncompliance were included in the Independent Auditors Report on Internal
				Control Over Financial Reporting and on Compliance and Other Matters based on
				an Audit of Financial Statements performed in accordance with Government
				Auditing Standards.