Finding 601268 (2022-002)

Significant Deficiency
Requirement
L
Questioned Costs
-
Year
2022
Accepted
2023-03-30
Audit: 23899
Organization: Rockhurst University (MO)
Auditor: Rubinbrown LLP

AI Summary

  • Core Issue: Quarterly reports for federal assistance were submitted with costs reported cumulatively instead of separately by quarter.
  • Impacted Requirements: This violates 2 CFR sections 200.328 and 200.329, which mandate separate reporting for each quarter.
  • Recommended Follow-Up: Ensure future reports comply by presenting costs separately for each quarter, with oversight controls strengthened to prevent recurrence.

Finding Text

Finding 2022-002 ? Significant Deficiency, Reporting Federal Assistance Listing No. 84.425F U.S. Department Of Education ESF Section 2 ? Higher Education (Higher Education Emergency Relief Fund (HEERF)) Criteria: 2 CFR section 200.328 and 2 CFR section 200.329 requires grantees to submit quarterly reports for both student and institutional portions along with an annual report to the Department of Education. Condition: In our nonstatistical testing of 4 of the quarterly reports and 1 annual report, it was noted that costs for 2 of the quarterly reports were presented cumulatively, rather than separately by quarter which is based on guidance from the Department of Education. Cause: Management charged with oversight over the federal grant reported costs in a cumulative manner, rather than separately by quarter which is based on guidance from the Department of Education. Additionally, controls over compliance were not designed effectively to ensure compliance with such grant requirements. Effect: Instances of noncompliance were not detected by management. Questioned Costs: Not applicable Context: 1 student portion and 1 institutional portion quarterly report, while filed timely, had costs reported presented cumulatively, rather than separately by quarter which is based on guidance from the department of Education. Identification As A Repeat Finding: Not applicable. Recommendation: We recommend that management report costs on the student and institutional quarterly reports presented separately by quarter, rather than cumulatively. Views Of Responsible Officials/Corrective Action Plan (Unaudited): See the corrective action plan provided by management included with this report. Completion Date: June 2023 Contact Person: Kris Pace, Controller

Categories

Reporting Significant Deficiency Internal Control / Segregation of Duties

Other Findings in this Audit

  • 24825 2022-001
    Material Weakness
  • 24826 2022-002
    Significant Deficiency
  • 601267 2022-001
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $19.40M
84.425 Education Stabilization Fund $4.44M
84.063 Federal Pell Grant Program $2.66M
84.038 Federal Perkins Loan Program $1.45M
93.364 Nursing Student Loans $217,960
84.007 Federal Supplemental Educational Opportunity Grants $210,796
84.033 Federal Work-Study Program $189,582
84.379 Teacher Education Assistance for College and Higher Education Grants (teach Grants) $58,173
47.076 Education and Human Resources $37,911