Finding Text
2022 ? 002 Federal Agency: U.S. Department of Education Federal Program Title: COVID-19 Education Stabilization Fund Assistance Listing Number: 84.425F ? HEERF Institutional Portion Award Period: July 1, 2021 to June 30, 2022 Type of Finding: ? Compliance, Other Matter ? Significant Deficiency in Internal Control over Compliance Criteria or specific requirement: Per Uniform Guidance 2 CFR 200.303, nonfederal entities receiving federal awards are required to establish and maintain internal controls designed to reasonably ensure compliance with federal laws, regulations, and program compliance requirements. Condition and context: During the testing of the Northeastern Oklahoma A&M annual HEERF report CLA observed there was no formal review process of quarterly or annual reports which resulted in the annual report Institutional Expenditures in sections 8a and 9b of the Annual report to be overstated by $2,017,325. Questioned costs: None Cause: Northeastern Oklahoma A&M did not have a formal review process in place to review the accuracy of HEERF reports for the year ended June 30, 2022. Effect: Overstatement of institutional expenditures in the Annual Report for the year ended June 30, 2022. Repeat finding: No Recommendation: We recommend the Northeastern Oklahoma A&M implement a formal review process over the HEERF reports. Views of responsible officials: There is no disagreement with the audit finding.