Finding Text
Section II: Financial Statements Findings The results of our tests did not disclose any findings related to the financial statements that are required to be reported by Government Auditing Standards. Section III: Federal Awards Findings and Questioned Costs Finding 2022-001: Federal Program- Education Stabilization Fund COVID-19 - HEERF Strengthening Institutions Program and COVID-19 - HEERF Supplemental Assistance to Institutions of Higher Education (SAIHE) Program Assistance Listing Numbers 84.425M and 84.425S U.S. Department of Education Program Year 2021-2022 Other Noncompliance Criteria: Quarterly Public Reporting Condition: The College failed to include all expenditures for the second quarter of 2022 in the required quarterly report. The College is responsible for completing quarterly reports for HEERF and for establishing internal controls to ensure that reports are accurately submitted within federal requirements. Questioned Cost: N/A Context: All expenditures for funds expended by June 30, 2022 were not reported in the quarterly reports. Effect: The College failed to communicate information regarding HEERF Strengthening Institutions Program and HEERF Supplemental Assistance to Institutions of Higher Education (SAIHE) Program funding distributions to the public as required. HEERF Strengthening Institutions Program distributions of $304,971 and HEERF Supplemental Assistance to Institutions of Higher Education (SAIHE) Program distributions of $454,997 were not included in the June 30, 2022 quarterly report. Cause: Management turnover at the end of the fiscal year resulted in several end of year expenditures not being reported. Identification of repeat findings: Not a repeat finding. Recommendation: The College should submit a revised quarterly report that includes all funds expended by June 30, 2022. Views of responsible officials: See Corrective Action Plan