FAC Explorer

Audit 301387

FY End
2022-06-30
Total Expended
$10.67M
Findings
2
Programs
7
Organization: Virginia University of Lynchburg (VA)
Year: 2022 Accepted: 2024-03-31
Auditor: Brown Edwards

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
390699 2022-002 Significant Deficiency - N
967141 2022-002 Significant Deficiency - N

Programs

ALN Program Spent Major Findings
84.268 Federal Direct Student Loans $4.49M Yes 1
84.425 Education Stabilization Fund $3.72M Yes 0
84.063 Federal Pell Grant Program $777,137 Yes 0
84.031 Higher Education_institutional Aid $441,155 - 0
15.904 Historic Preservation Fund Grants-in-Aid $286,180 - 0
84.007 Federal Supplemental Educational Opportunity Grants $26,890 Yes 0
84.033 Federal Work-Study Program $2,376 Yes 0

Contacts

Name Title Type
DJHEJ4JZ8354 Laura Tucker Auditee
7703313094 John Hash Auditor
No contacts on file

Notes to SEFA

Accounting Policies: In Accordance with the Requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards De Minimis Rate Used: N Rate Explanation: THE AUDITEE DID NOT USE THE DE MINIMIS COST RATE.

Finding Details

Finding 2022-002
2022-002 Lack of timely filing of Data Collection Form to the Federal Audit Clearinghouse (Significant Deficiency) Department of Education, SFA Cluster Criteria: A Single Audit requires the submission of the Date Collection Form (DCF) to the Federal Audit Clearinghouse (FAC) within the earlier of 30 calendar days after receipt of an auditor’s report, or nine months after the end of the audit period, unless a different period is specified in a program-specific audit guide. Condition: The fiscal year 2021-2022 audit was not completed timely and the DCF was not submitted to the FAC within the required timeline. Cause: Due to staffing challenges in the organization, the University was not able to complete the audit within the required timeline. Effect: The due date for the Single Audit submission was extended six months due to COVID-19. However, the University did complete their audit or submit the required DCF by the deadline of September 30, 2023. Recommendation: We recommend the University provide audit information in a timely manner to ensure timely filing of the Data Collection Form. Management Response: Financial staff noted above are expected to ensure timely filing in the future.
Finding 2022-002
2022-002 Lack of timely filing of Data Collection Form to the Federal Audit Clearinghouse (Significant Deficiency) Department of Education, SFA Cluster Criteria: A Single Audit requires the submission of the Date Collection Form (DCF) to the Federal Audit Clearinghouse (FAC) within the earlier of 30 calendar days after receipt of an auditor’s report, or nine months after the end of the audit period, unless a different period is specified in a program-specific audit guide. Condition: The fiscal year 2021-2022 audit was not completed timely and the DCF was not submitted to the FAC within the required timeline. Cause: Due to staffing challenges in the organization, the University was not able to complete the audit within the required timeline. Effect: The due date for the Single Audit submission was extended six months due to COVID-19. However, the University did complete their audit or submit the required DCF by the deadline of September 30, 2023. Recommendation: We recommend the University provide audit information in a timely manner to ensure timely filing of the Data Collection Form. Management Response: Financial staff noted above are expected to ensure timely filing in the future.