FAC Explorer

Audit 48014

FY End
2022-06-30
Total Expended
$14.50M
Findings
2
Programs
10
Organization: Concordia University, Nebraska (NE)
Year: 2022 Accepted: 2022-12-07
Auditor: Cliftonlarsonallen LLP

Organization Exclusion Status:

Findings

ID Ref Severity Repeat Requirement
46950 2022-001 Significant Deficiency - I
623392 2022-001 Significant Deficiency - I

Programs

ALN Program Spent Major Findings
84.268 Federal Direct Loan Programs $9.13M Yes 0
84.425E Heerf Student Aid Portion $1.54M Yes 0
84.425F Heerf Institutional Portion $1.52M Yes 1
84.063 Federal Pell Grant Program $1.32M Yes 0
84.038 Federal Perkins Loan Program - Beginning Balance $541,508 Yes 0
84.007 Federal Supplemental Educational Opportunity Grant Program $228,789 Yes 0
84.033 Federal Work-Study Program $189,583 Yes 0
84.379 Teacher Education Assistance for College & Higher Education Grants $34,549 Yes 0
84.063 Federal Pell Grant Program - Administrative Cost Allowance $1,520 Yes 0
84.038 Federal Perkins Loan Program - Loan Cancellations $0 Yes 0

Contacts

Name Title Type
E31FF5WXA1S8 Morganne Schreiner Auditee
4026437249 Deirdre Hodgson, CPA Auditor
No contacts on file

Notes to SEFA

Title: Loan/loan guarantee outstanding balances Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as toreimbursement. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. The University has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. FEDERAL PERKINS LOAN PROGRAM - BEGINNING BALANCE (84.038) - Balances outstanding at the end of the audit period were $384,047.
Title: BASIS FOR PRESENTATION Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as toreimbursement. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. The University has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The purpose of the schedule of expenditures of federal awards (the Schedule) is to present a summary of those activities of Concordia University, Nebraska and Affiliate (the University) that have been financed by the United States Government (federal awards). Federal awards received directly from federal agencies are included in the Schedule.Additionally, all federal awards passed through from other entities have been included on the Schedule. Although the University is required to match certain grants, as defined in the grants, no such matching is included in the Schedule.The information in this Schedule is presented in accordance with the requirements of 2 CFR Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the University, it is not intended to and does not present the financial position, statement of activities, or cash flows of the University.

Finding Details

Finding 2022-001
2022-001 Procurement Federal Agency: Department of Education Federal Program Title: Higher Education Emergency Relief Funds ALN Numbers: 84.425F Award Period: July 1, 2021 through June 30, 2022 Type of Finding: - Significant Deficiency in Internal Control Over Compliance - Other Matters Criteria or specific requirement: Title 2, Subtitle A, Chapter 2 Part 200, Subpart D, section 200.318 of the Code of Federal Regulations requires Universities to have a written procurement policy that includes certain requirements as it relates to procuring good and services using federal dollars. Additionally, 2 CFR 180.995 requires that the University has a written policy where Universities should perform a check to ensure vendors are not debarred. Condition: During review of the University's procurement policy, there were certain elements missing as required to be included in the written policy. One such item related to conflict of interest where ?no employee, officer, or agent may participate in the selection, award, or administration of a contract supported by a Federal award if he or she has a real or apparent conflict of interest?. Also, it was noted during testing that there is no written policy that requires the University to verify that vendors are suspended or debarred. Questioned costs: None Context: During our testing, we noted 1 invoice out of a total of 1 purchase over the procurement threshold. Cause: The University was unaware of this federal requirement since it is their first federal grant that was non-student financial aid. Effect: All requirements were met, but it is also required that the policies be documented in a written form. Without written policies it is likely that required steps in the process may be missed. Repeat Finding: No Recommendation: We recommend that the University review their Procurement and Suspension and debarment policies and ensure that any missing federal requirements are included in their written policies. Views of responsible officials: There is no disagreement with the audit finding.
Finding 2022-001
2022-001 Procurement Federal Agency: Department of Education Federal Program Title: Higher Education Emergency Relief Funds ALN Numbers: 84.425F Award Period: July 1, 2021 through June 30, 2022 Type of Finding: - Significant Deficiency in Internal Control Over Compliance - Other Matters Criteria or specific requirement: Title 2, Subtitle A, Chapter 2 Part 200, Subpart D, section 200.318 of the Code of Federal Regulations requires Universities to have a written procurement policy that includes certain requirements as it relates to procuring good and services using federal dollars. Additionally, 2 CFR 180.995 requires that the University has a written policy where Universities should perform a check to ensure vendors are not debarred. Condition: During review of the University's procurement policy, there were certain elements missing as required to be included in the written policy. One such item related to conflict of interest where ?no employee, officer, or agent may participate in the selection, award, or administration of a contract supported by a Federal award if he or she has a real or apparent conflict of interest?. Also, it was noted during testing that there is no written policy that requires the University to verify that vendors are suspended or debarred. Questioned costs: None Context: During our testing, we noted 1 invoice out of a total of 1 purchase over the procurement threshold. Cause: The University was unaware of this federal requirement since it is their first federal grant that was non-student financial aid. Effect: All requirements were met, but it is also required that the policies be documented in a written form. Without written policies it is likely that required steps in the process may be missed. Repeat Finding: No Recommendation: We recommend that the University review their Procurement and Suspension and debarment policies and ensure that any missing federal requirements are included in their written policies. Views of responsible officials: There is no disagreement with the audit finding.