FAC Explorer

Finding 393924 (2023-001)

Significant Deficiency Repeat Finding
Requirement
L
Questioned Costs
-
Year
2023
Accepted
2024-04-22
Audit: 304082
Organization: Terra State Community College (OH)
Auditor: Plattenburg & Associates

AI Summary

  • Issue: The College reported incorrect expenditures in the September 2022 and March 2023 quarterly reports for federal programs.
  • Requirements Impacted: This violates 2 CFR 200.329 and the federal award terms, which mandate accurate quarterly reporting.
  • Follow-Up: Review and improve current reporting practices; establish monitoring procedures to prevent future errors.

Finding Text

Federal Program Information: COVID 19 HEERF Institutional Portion ALN 84.425F COVID 19 HEERF-Strengthening Institutions Program ALN 84.425M Criteria: 2 CFR 200.329 and the terms and conditions of the federal award requires the entity to submit reports quarterly. Condition: The total expenditures on the September 2022 and March 2023 quarterly report was not correct. Questioned Costs: None Context: The testing of the September 2022 and March 2023 quarterly reports showed that incorrect amounts were reported for expenditures. Cause/Effect: The College made errors when completing certain quarterly reports. Repeat Finding from Prior Audit?: Yes. Recommendation: We recommend review of current practices and implement policies establishing monitoring procedures related to quarterly reports. Management Response: The College agrees with the finding and is implementing appropriate procedures.

Corrective Action Plan

The College omitted lost revenue and reported incorrect expenses on quarterly grant reports (9/22 and 3/23 reports). The College will revise procedures to ensure amounts reported on quarterly reports are correct.

Categories

Subrecipient Monitoring

Other Findings in this Audit

  • 393925 2023-001
    Significant Deficiency Repeat
  • 970366 2023-001
    Significant Deficiency Repeat
  • 970367 2023-001
    Significant Deficiency Repeat

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $2.00M
84.063 Federal Pell Grant Program $1.99M
84.425 Covid-19 Higher Education Emergency Relief Fund (heerf) Student Aid Portion $750,929
84.425 Covid-19 Higher Education Emergency Relief Fund (heerf) Institutional Portion $374,765
84.425 Covid-19 Strengthening Institutions Program $226,998
84.048 Equity for Each: Advanced Approaches for Improving Equity in Career Technical Education Programs $197,029
84.048 Career and Technical Education -- Basic Grants to States $78,159
59.037 Small Business Development Centers $71,169
84.007 Federal Supplemental Educational Opportunity Grants $60,520
84.425 Covid-19 Governor's Emergency Education Relief Fund $49,008
84.033 Federal Work-Study Program $34,665
21.019 Covid-19 Coronavirus Relief Fund $3,138