{
    "document_id": 16534,
    "page": 106,
    "width_pt": 612,
    "height_pt": 792,
    "rotation": 0,
    "pipeline_version": "paddleocr-vl-1.6+paul-48",
    "engine": "paddleocr_vl",
    "source_run_id": 16644,
    "item_count": 16,
    "counts_by_type": {
        "footer": 1,
        "heading": 2,
        "list_item": 1,
        "text": 11,
        "title": 1
    },
    "build_ms": 2,
    "items": [
        {
            "id": "p106.1",
            "order": 1,
            "type": "title",
            "bbox": {
                "l": 126.24,
                "t": 756.72,
                "r": 484.08,
                "b": 717.12
            },
            "text": "KENTUCKY STATE UNIVERSITY\nSCHEDULE OF FINDINGS AND QUESTIONED COSTS (CONTINUED)\nYEAR ENDED JUNE 30, 2023",
            "attrs": {
                "block_label": "doc_title"
            },
            "level": 2
        },
        {
            "id": "p106.2",
            "order": 2,
            "type": "text",
            "bbox": {
                "l": 164.64,
                "t": 672.48,
                "r": 445.68,
                "b": 659.28
            },
            "text": "Section II – Financial Statement Findings (Continued)"
        },
        {
            "id": "p106.3",
            "order": 3,
            "type": "heading",
            "bbox": {
                "l": 52.08,
                "t": 642.72,
                "r": 299.04,
                "b": 629.76
            },
            "text": "2023 – 002 – Bank Reconciliations (Continued)",
            "attrs": {
                "block_label": "paragraph_title"
            },
            "level": 3
        },
        {
            "id": "p106.4",
            "order": 4,
            "type": "text",
            "bbox": {
                "l": 51.84,
                "t": 617.28,
                "r": 559.68,
                "b": 553.2
            },
            "text": "Criteria or specific requirement: Internal controls are critical to ensure accurate financial reporting. These would include, but not limited to, reconciling statement of net position accounts monthly, a formal process of procedures and internal controls to ensure timely and accurate year-end financial statements and related notes and providing supporting audit documentation that reconciles to the trial balance under audit on a timely basis."
        },
        {
            "id": "p106.5",
            "order": 5,
            "type": "text",
            "bbox": {
                "l": 51.84,
                "t": 541.44,
                "r": 560.16,
                "b": 489.84
            },
            "text": "Effect: The potential effects of the above matters are that interim and year end information may contain errors that may not be detected and corrected on a timely basis, as well as misappropriation of cash not being detected on a timely basis. As a result, users of the financial statements could make decisions based on financial results that are not complete and accurate."
        },
        {
            "id": "p106.6",
            "order": 6,
            "type": "text",
            "bbox": {
                "l": 51.36,
                "t": 478.32,
                "r": 511.2,
                "b": 464.88
            },
            "text": "Cause: Certain cash accounts were not reconciled timely which caused material adjustments."
        },
        {
            "id": "p106.7",
            "order": 7,
            "type": "text",
            "bbox": {
                "l": 51.6,
                "t": 453.84,
                "r": 216,
                "b": 439.92
            },
            "text": "Repeat Finding: Yes, 2022-002."
        },
        {
            "id": "p106.8",
            "order": 8,
            "type": "text",
            "bbox": {
                "l": 51.36,
                "t": 427.44,
                "r": 559.68,
                "b": 388.32
            },
            "text": "Recommendation: We recommend that cash reconciliations be completed and reviewed, no later than a month after the period being reconciled and any required adjustments be made timely within the general ledger."
        },
        {
            "id": "p106.9",
            "order": 9,
            "type": "text",
            "bbox": {
                "l": 51.36,
                "t": 377.28,
                "r": 559.44,
                "b": 350.64
            },
            "text": "Views of responsible officials and planned corrective actions: There is no disagreement with the audit finding."
        },
        {
            "id": "p106.10",
            "order": 10,
            "type": "text",
            "bbox": {
                "l": 51.6,
                "t": 339.36,
                "r": 267.6,
                "b": 325.92
            },
            "text": "2023 – 003 – Debt and Lease Accounting"
        },
        {
            "id": "p106.11",
            "order": 11,
            "type": "heading",
            "bbox": {
                "l": 52.56,
                "t": 313.92,
                "r": 133.92,
                "b": 300.24
            },
            "text": "Type of Finding:",
            "level": 3
        },
        {
            "id": "p106.12",
            "order": 12,
            "type": "list_item",
            "bbox": {
                "l": 87.12,
                "t": 288.291282,
                "r": 415.2,
                "b": 274.017282
            },
            "text": "Material Weakness in Internal Control over Financial Reporting"
        },
        {
            "id": "p106.13",
            "order": 13,
            "type": "text",
            "bbox": {
                "l": 51.36,
                "t": 262.56,
                "r": 559.68,
                "b": 223.44
            },
            "text": "Condition: Debt and lease liability general ledger accounts were not reconciled to supporting schedules. Accrued interest on the liabilities were incorrectly calculated. As a result, material entries were made to correct debt and lease balances."
        },
        {
            "id": "p106.14",
            "order": 14,
            "type": "text",
            "bbox": {
                "l": 51.6,
                "t": 211.92,
                "r": 559.68,
                "b": 147.36
            },
            "text": "Criteria or specific requirement: Internal controls are critical to ensure accurate financial reporting. These would include, but not limited to, reconciling statement of net position accounts monthly, a formal process of procedures and internal controls to ensure timely and accurate year-end financial statements and related notes and providing supporting audit documentation that reconciles to the trial balance under audit on a timely basis."
        },
        {
            "id": "p106.15",
            "order": 15,
            "type": "text",
            "bbox": {
                "l": 51.6,
                "t": 136.32,
                "r": 559.92,
                "b": 96.96
            },
            "text": "Effect: The potential effects of the above matters are that interim and year end information may contain errors that may not be detected and corrected on a timely basis. As a result, users of the financial statements could make decisions based on financial results that are not complete and accurate."
        },
        {
            "id": "p106.16",
            "order": 16,
            "type": "footer",
            "bbox": {
                "l": 294.72,
                "t": 46.08,
                "r": 317.28,
                "b": 34.8
            },
            "text": "(102)",
            "attrs": {
                "block_label": "number"
            }
        }
    ],
    "excluded_furniture": {
        "first": [],
        "last": []
    }
}