Finding 29837 (2022-002)

ITEM # 2022-002 REPORTING Higher Education Emergency Relief Funding Assistance Listing No. 84.425F and 84.425J U.S. Department of Education Criteria For the Quarterly Public Reporting for (a)(1) Institutional Portion, (a)(2), and (a)(3) funds (Assistance Listings 84.425F, 84.425J, 84.425K, 84.425L, 84.425M, 84.425N, 84.425S, 84.425T as applicable), an institution must be both timely and accurate in publicly posting its Quarterly Reporting Form from October 30, 2020, onward. Condition and Context The University had inaccurate reporting in the Quarterly Reporting Form posted in each quarter of the fiscal year. The reports did not match the program expenditures details provided by management. Questioned Cost NoneCause The University did not reconcile the Quarterly Reporting Forms to the program expenditure details. Effect The University was not in compliance with the quarterly reporting requirement of the HEERF agreements. Recommendation We recommend that the University reconcile all reporting forms to the internal expenditure records, to ensure reporting is timely and accurate for each HEERF program. Views of Responsible Officials and Planned Corrective Action The University concurs with the finding. To ensure reporting forms are reconciled to internal expenditure records to ensure timely and accurate reporting for each HEERF program, a second level review by conducted by the Associate VP of Finance prior to the report being submitted.