FAC Explorer

Finding 1180782 (2025-002)

Material Weakness Repeat Finding
Requirement
P
Questioned Costs
-
Year
2025
Accepted
2026-03-18
Audit: 392448
Organization: Community College District of Monroe County, Michigan (MI)
Auditor: ANDREWS HOOPER PAVLIK PLC

AI Summary

  • Core Issue: Inadequate procedures for reporting plant fund activity and related accounts at year-end.
  • Impacted Requirements: This finding affects compliance with federal award reporting standards.
  • Recommended Follow-Up: Review Reference Number 2025-001 for details on corrective actions and responsible officials' perspectives.

Finding Text

Identification of Federal Program – All programs listed on the Schedule of Expenditure of Federal Awards, see that schedule for identification of federal program information. Finding – As noted in Section II – Financial Statement Findings of this report, proper procedures should be put into place at year end to properly report plant fund activity, transfers and due to/from accounts, and grants. This finding could impact Federal Awards and is therefore considered a finding in Section III – Federal Award Findings and Questioned Costs. Refer to Reference Number 2025-001 for further details of this finding and the views of responsible officials and planned corrective actions.

Corrective Action Plan

We concur with the auditor’s recommendation to create a more formalized year end closing process that will ensure the trial balance has been adjusted for the year-end closing entries. Certain corrective actions have already started, and we anticipate having a formalized closing process in place for the items noted above by May 1, 2026.

Categories

No categories assigned yet.

Other Findings in this Audit

  • 1180763 2025-002
    Material Weakness Repeat
  • 1180764 2025-002
    Material Weakness Repeat
  • 1180765 2025-002
    Material Weakness Repeat
  • 1180766 2025-002
    Material Weakness Repeat
  • 1180767 2025-002
    Material Weakness Repeat
  • 1180768 2025-002
    Material Weakness Repeat
  • 1180769 2025-002
    Material Weakness Repeat
  • 1180770 2025-002
    Material Weakness Repeat
  • 1180771 2025-002
    Material Weakness Repeat
  • 1180772 2025-002
    Material Weakness Repeat
  • 1180773 2025-002
    Material Weakness Repeat
  • 1180774 2025-002
    Material Weakness Repeat
  • 1180775 2025-002
    Material Weakness Repeat
  • 1180776 2025-002
    Material Weakness Repeat
  • 1180777 2025-002
    Material Weakness Repeat
  • 1180778 2025-002
    Material Weakness Repeat
  • 1180779 2025-002
    Material Weakness Repeat
  • 1180780 2025-002
    Material Weakness Repeat
  • 1180781 2025-002
    Material Weakness Repeat

Programs in Audit

ALN Program Name Expenditures
84.063 FEDERAL PELL GRANT PROGRAM $3.61M
84.268 FEDERAL DIRECT STUDENT LOANS $1.81M
84.031 HIGHER EDUCATION INSTITUTIONAL AID $388,740
84.047 TRIO UPWARD BOUND $269,695
84.048 CAREER AND TECHNICAL EDUCATION -- BASIC GRANTS TO STATES $223,435
17.268 H-1B JOB TRAINING GRANTS $91,183
21.027 CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS $66,184
84.007 FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANTS $54,137
17.285 REGISTERED APPRENTICESHIP $38,310
47.076 STEM EDUCATION (FORMERLY EDUCATION AND HUMAN RESOURCES) $17,197
84.033 FEDERAL WORK-STUDY PROGRAM $10,719
84.027 SPECIAL EDUCATION GRANTS TO STATES $9,687
93.959 BLOCK GRANTS FOR PREVENTION AND TREATMENT OF SUBSTANCE ABUSE $1,475