Finding 6142 (2023-003)

Significant Deficiency Repeat Finding
Requirement
L
Questioned Costs
-
Year
2023
Accepted
2023-12-21
Audit: 7999
Organization: Grace Christian University (MI)

AI Summary

  • Core Issue: The University failed to submit HEERF quarterly reports on time and lacked proper review procedures, leading to inaccuracies in reporting.
  • Impacted Requirements: Federal regulations require timely and accurate reporting, with a clear need for segregation of duties to prevent errors.
  • Recommended Follow-Up: Management should implement a review process for reporting and ensure multiple individuals are involved, along with submitting a revised annual report once the portal reopens.

Finding Text

Department of Education COVID-19 Higher Education Emergency Relief Fund (HEERF) – Assistance Listing #84.425E, #84.425F #2023-003 – Major Federal Award Finding – Reporting Significant Deficiency in Internal Controls over Compliance This is a repeat of prior year finding #2022-003. Conditions: We noted during testing of two quarterly reports and one annual report required under the HEERF program that the two quarterly reports selected for testing were not filed timely. There were also no review procedures in place surrounding these quarterly reports. In addition, some inaccuracies were noted within the annual reporting. Criteria: Federal regulations 2 CFR Section 200.328 - 200.329 provide that required reporting under the federal program must be completed timely and accurately. The quarterly reports for institutional and student aid are required to be updated and posted to the website within 10 days of the end of the quarter. Segregation of duties is also a key element of internal controls, including controls over compliance, and involves processes whereby the activities of one employee are reviewed or checked by the activities of another individual, and avoids one employee having the ability to perform a transaction or process from beginning to end. Cause/Context: The University did not meet the reporting deadline requirements set forth by the Department of Education for the HEERF program. Only one individual was involved in the reporting process for the quarterly reports. There is a higher likelihood of errors going undetected in the absence of monitoring and review. Inaccuracies were noted in the amounts reported in the 2022 calendar annual report for HEERF student disbursements and institutional expenditures. Recommendation: Management should review the University’s practices related to reporting under the HEERF program to ensure that reports are submitted timely and that more than one individual is involved in the reporting process. Management should also submit a revision of the HEERF calendar 2022 annual report once the reporting portal is reopened by the Department of Education. Views of Responsible Officials and Planned Corrective Actions: The University agrees with the recommendations put forth by the auditors. The University will submit a revised report for the 2022 calendar year and will put a procedure in place to ensure that all reports are reviewed prior to submission. See also attached Corrective Action Plan.

Corrective Action Plan

Finding #2023-003 - Major Federal Award Finding - Reporting Significant Deficiency-in Internal Controls over Compliance Corrective Action Plan: Procedure(s) were drafted covering data collection, storage, and reporting of HEERF data, including setting alerts to comply with the reporting due dates, however, the VP of Finance did not adhere to them. The VP of Finance will meet with the Executive Vice President to set up an accountability structure to ensure that quarterly reports are reviewed and filed on or before the due date. A revised annual report for calendar 2022 will be submitted to the Department of Education.

Categories

Internal Control / Segregation of Duties Subrecipient Monitoring Reporting Significant Deficiency

Other Findings in this Audit

  • 6143 2023-002
    Material Weakness Repeat
  • 6144 2023-002
    Material Weakness Repeat
  • 6145 2023-003
    Significant Deficiency Repeat
  • 582584 2023-003
    Significant Deficiency Repeat
  • 582585 2023-002
    Material Weakness Repeat
  • 582586 2023-002
    Material Weakness Repeat
  • 582587 2023-003
    Significant Deficiency Repeat

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $4.88M
84.063 Federal Pell Grant Program $2.58M
84.425 Education Stabilization Fund $1.01M
84.007 Federal Supplemental Educational Opportunity Grants $50,000
84.033 Federal Work-Study Program $25,000
84.379 Teacher Education Assistance for College and Higher Education Grants (teach Grants) $1,886