Finding 1165243 (2025-001)

Material Weakness Repeat Finding
Requirement
E
Questioned Costs
-
Year
2025
Accepted
2025-12-17
Audit: 375672
Organization: Champion Christian College (AR)
Auditor: LANDMARK PLC

AI Summary

  • Core Issue: There are discrepancies in the data reported in the table on page 33, indicating potential inaccuracies in our records.
  • Impacted Requirements: Compliance with data accuracy standards is at risk, which could lead to regulatory challenges.
  • Recommended Follow-Up: Conduct a thorough review of the data entries and implement corrective measures to ensure alignment with compliance requirements.

Finding Text

See table on page 33.

Corrective Action Plan

See table on page 34.

Categories

No categories assigned yet.

Programs in Audit

ALN Program Name Expenditures
84.268 FEDERAL DIRECT STUDENT LOANS $836,609
84.063 FEDERAL PELL GRANT PROGRAM $560,041
84.007 FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS $7,067