Finding Text
2023-001: Accurate and Complete Schedule of Expenditures of Federal Awards
Criteria or specific requirement: The College must prepare a Schedule of Expenditures of Federal Awards
(SEFA) that is accurate and complete in accordance with Title 2 U.S. Code of Federal Regulation Part 200,
Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards
(Uniform Guidance).
Condition: The College did not prepare a SEFA that was accurate and complete in accordance with the
Uniform Guidance, as there was one program missing from the original SEFA that was provided for audit
along with five items that were missing Assistance Listing numbers.
Cause: The cause is likely due to limited internal controls related to the preparation and review of the SEFA
and understanding of which items should be included.
Effect or potential effect: Without adequate internal controls over the SEFA, the College may not identify all
the federal awards received and related compliance and reporting requirements applicable to each award.
Identification as a repeat finding, if applicable: This is a repeat of finding 2022-003 in the prior year.
Recommendations: The College must assign individuals who are experienced and knowledgeable in the
compliance requirements of the Uniform Guidance to monitor all federal grants received to ensure the
College has met the applicable compliance and reporting requirements of each federal award.
View of responsible officials: Refer to the Corrective Action Plan prepared by the College on page 12.