Finding 1115607 (2024-006)

Material Weakness
Requirement
L
Questioned Costs
-
Year
2024
Accepted
2025-03-28
Audit: 349884
Organization: Felician University (NJ)

AI Summary

  • Core Issue: The University submitted performance reports with inaccuracies in reported expenditures, using budgeted amounts instead of actuals.
  • Impacted Requirements: Compliance with 47 CFR 302.9 and 2 CFR 200.329 for accurate reporting of financial data.
  • Recommended Follow-Up: The University should establish formal policies and procedures to ensure accurate completion and review of performance reports.

Finding Text

Federal Agency: Department of Commerce Federal Program Name: Connecting Minority Communities Pilot Program Assistance Listing Number: 11.028 Federal Award Identification Number and Year: 3409C13052 - 2024 Award Period: July 01, 2023 - June 30, 2024 Type of Finding: • Material Weakness in Internal Control over Compliance, Other Matters Criteria or specific requirement: In accordance with 47 CFR 302.9, each grant recipient shall submit semi-annual and annual performance reports to National Telecommunications and Information Administration (NTIA), following the procedures of 2 CFR 200.329. Condition: During our review of the performance reports submitted for fiscal year 2024, we identified inaccuracies in the reported dollar amounts of expenditures for the period. The key line items affected were 3a, 5a, 5d, and 8a through 8k. Questioned costs: None. Context: During our testing of the 2 performance reports, it was noted that: • 1 of the performance reports reflected budgeted amounts instead of actual expenditures for the period submitted for lines 3a, 5a, and 5d • 1 of the performance reports reflected budgeted amounts instead of actual expenditures for the period submitted for lines 3a, 5a, and 5d and lines 8a through 8k reflected the incorrect period of the report Cause: The University had not implemented formal, written policies and procedures to align with the Uniform Guidance requirements for procurement and suspension and debarment. Effect: The University did not report accurate information on performance reports submitted during the year. Repeat finding: No. Recommendation: We recommend the University review its procedures around completing and reviewing performance reports. Views of responsible officials: There is no disagreement with the audit finding.

Categories

Procurement, Suspension & Debarment

Other Findings in this Audit

  • 539152 2024-001
    Material Weakness Repeat
  • 539153 2024-001
    Material Weakness Repeat
  • 539154 2024-002
    Significant Deficiency Repeat
  • 539155 2024-002
    Significant Deficiency Repeat
  • 539156 2024-003
    Significant Deficiency
  • 539157 2024-003
    Significant Deficiency
  • 539158 2024-003
    Significant Deficiency
  • 539159 2024-003
    Significant Deficiency
  • 539160 2024-004
    Significant Deficiency
  • 539161 2024-004
    Significant Deficiency
  • 539162 2024-004
    Significant Deficiency
  • 539163 2024-004
    Significant Deficiency
  • 539164 2024-005
    Significant Deficiency Repeat
  • 539165 2024-006
    Material Weakness
  • 1115594 2024-001
    Material Weakness Repeat
  • 1115595 2024-001
    Material Weakness Repeat
  • 1115596 2024-002
    Significant Deficiency Repeat
  • 1115597 2024-002
    Significant Deficiency Repeat
  • 1115598 2024-003
    Significant Deficiency
  • 1115599 2024-003
    Significant Deficiency
  • 1115600 2024-003
    Significant Deficiency
  • 1115601 2024-003
    Significant Deficiency
  • 1115602 2024-004
    Significant Deficiency
  • 1115603 2024-004
    Significant Deficiency
  • 1115604 2024-004
    Significant Deficiency
  • 1115605 2024-004
    Significant Deficiency
  • 1115606 2024-005
    Significant Deficiency Repeat

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $12.78M
84.063 Federal Pell Grant Program $5.78M
11.028 Connecting Minority Communities Pilot Program $1.64M
84.007 Federal Supplemental Educational Opportunity Grants $358,880
47.076 Stem Education (formerly Education and Human Resources) $191,500
84.031 Higher Education Institutional Aid $176,502
84.033 Federal Work-Study Program $112,051
47.075 Social, Behavioral, and Economic Sciences $84,894
16.525 Grants to Reduce Domestic Violence, Dating Violence, Sexual Assault, and Stalking on Campus $68,039
45.162 Promotion of the Humanities Teaching and Learning Resources and Curriculum Development $12,609