FAC Explorer

Finding 48416 (2022-002)

Significant Deficiency
Requirement
L
Questioned Costs
-
Year
2022
Accepted
2023-02-19
Audit: 53778
Organization: Milwaukee School of Engineering (WI)
Auditor: Baker Tilly US LLP

AI Summary

  • Core Issue: The University lacks documented internal controls for timely HEERF quarterly reporting compliance.
  • Impacted Requirements: Compliance with the Uniform Guidance for HEERF reporting is not being met, risking report accuracy.
  • Recommended Follow-Up: The University should enhance policies to ensure all HEERF reports are reviewed and approved promptly.

Finding Text

Agencies: U.S. Department of Education Assistance Listing Numbers: 84.425E and 84.425F Programs: COVID-19, Educational Stabilization Fund, Student and Institutional Criteria: The University is required to have documented internal controls in place to monitor compliance with the requirements over reporting in accordance with the Uniform Guidance. Statement of Condition: The University could not provide documentation to demonstrate the controls over Higher Education Emergency Relief Fund (HEERF) quarterly reporting were occurring timely. Questioned Costs: The amount of any questioned costs could not be determined. Context: The University is required to review HEERF reporting prior to publishing on their website. Cause: The University did not have the proper controls in place to ensure the reports were reviewed by an appropriate individual prior to being published. Effect: The accuracy of HEERF reports published to the University's website depend heavily on the accuracy of the information included. If an institution does not review the reports published then the reports could be inaccurate. Recommendation: We recommend the University review their policies and procedures in place to ensure that all HEERF reports are appropriately reviewed in a timely manner to ensure compliance with Uniform Guidance. Management's Response: Management agrees with the finding and recommendation. Although the University has used and reported its use of the HEERF program, management has reevaluated its procedures and controls in fiscal year 2023 to ensure that all reports required under Uniform Guidance are reviewed, approved, documented, and retained in a timely manner.

Corrective Action Plan

Condition: The University could not provide documentation to demonstrate the controls over Higher Education Emergency Relief Fund (HEERF) reporting were occurring timely. Corrective Action Plan Corrective Action Planned: The University has reevaluated procedures to ensure that all reports required under Uniform Guidance are reviewed, approved, documented, and retained in a timely manner. Name(s) of Contact Person(s) Responsible for Corrective Action: Thomas Schwanebeck, Associate VP of Finance, Alyssa Tessmer, Director of Financial Aid and Paul Matson, CFO & VP of Finance Anticipated Completion Date: None needed as this program and requirements no longer are present at June 30, 2022.

Categories

Reporting Internal Control / Segregation of Duties

Other Findings in this Audit

  • 48412 2022-001
    Significant Deficiency
  • 48413 2022-001
    Significant Deficiency
  • 48414 2022-001
    Significant Deficiency
  • 48415 2022-001
    Significant Deficiency
  • 48417 2022-002
    Significant Deficiency
  • 48418 2022-001
    Significant Deficiency
  • 624854 2022-001
    Significant Deficiency
  • 624855 2022-001
    Significant Deficiency
  • 624856 2022-001
    Significant Deficiency
  • 624857 2022-001
    Significant Deficiency
  • 624858 2022-002
    Significant Deficiency
  • 624859 2022-002
    Significant Deficiency
  • 624860 2022-001
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $15.32M
84.063 Federal Pell Grant Program $2.59M
84.038 Federal Perkins Loan $854,811
84.425 Education Stabilization Fund $331,387
84.007 Federal Supplemental Educational Opportunity Grants $278,407
93.859 Biomedical Research and Research Training $264,171
84.033 Federal Work-Study Program $251,771
47.070 Computer and Information Science and Engineering $65,219
14.536 Research and Evaluations, Demonstrations, and Data Analysis and Utilization $25,617
47.076 Education and Human Resources $22,489
84.126 Rehabilitation Services_vocational Rehabilitation Grants to States $19,784
93.394 Cancer Detection and Diagnosis Research $16,285
93.350 National Center for Advancing Translational Sciences $10,406
81.086 Conservation Research and Development $7,043
43.008 Education $985
47.041 Engineering $976