Finding Text
Federal Program Information: COVID 19 HEERF Institutional Portion ALN 84.425F Criteria: 2 CFR 200.329 and the terms and conditions of the federal award requires the entity to submit reports quarterly and annual reports. Condition: The total expenditures on quarterly and annual reports was not correct. Questioned Costs: None Context: The testing of the reports showed that incorrect amounts were reported for expenditures on quarterly and annual reports. Cause/Effect: The College reported expenditures when reimbursed but should have reported when incurred. Repeat Finding from Prior Audit?: Yes, fiscal 2022 had already ended before the College received the prior year audit results. Recommendation: We recommend review of current practices and implement policies establishing monitoring procedures related to reports. Management Response: The College agrees with the finding and is implementing appropriate procedures.