Finding Text
Finding 2022-001 Federal Assistance Listing Number: 84.425 Subprogram Number(s): 84.425E, 84.425F, and 84.425N Federal Agency: U.S. Department of Education Program Name: Education Stabilization Fund Type(s) of Compliance Requirements: Reporting Type of Finding: Internal Control over Compliance - Material Weakness Criteria: The College is required to establish and maintain effective internal control over the federal award that provides reasonable assurance that the College is managing the federal award in compliance with federal statutes, regulations, and the terms and conditions of the federal award. Condition: The College was unable to provide documentation indicating the existence and implementation of internal controls over the Reporting compliance criteria and requirements for the Education Stabilization Fund (ESF) program. Cause: The College has written documentation to include the reporting requirements and related deadlines for the ESF program through December 31, 2021. However, internal controls over the preparation, reconciliation, and filing of the reports have not been designed and implemented. Effect: The internal control over the Reporting compliance requirement for the ESF program is likely to be ineffective in preventing or detecting noncompliance. Identification of a Repeat Finding: Finding 2021-002. Recommendation: We recommend that the College document the existence and implementation of internal controls over the Reporting compliance criteria for the ESF program.