Finding 618982 (2022-001)

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Requirement
L
Questioned Costs
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Year
2022
Accepted
2022-11-27
Audit: 38840
Organization: Furman University (SC)

AI Summary

  • Core Issue: The University failed to post quarterly reports to their website on time, violating compliance requirements.
  • Impacted Requirements: Reports must be posted within 10 days after each calendar quarter ends.
  • Recommended Follow-Up: Implement a process to ensure timely posting of all institutional quarterly reports.

Finding Text

Finding 2022-001 ? Higher Education Emergency Relief Fund- Institutional Portion, CFDA# 84.425F Compliance Requirement: Reporting - Special Reporting Condition: The University submitted their quarterly reports to the department of education but did not timely post them to their website for the year ended June 30, 2022. Criteria: The University is required to submit quarterly reports to the department of education and post them to their website no later than 10 days after the end of each calendar quarter. Cause: The University was aware of this requirement and submitted all required quarterly reports to the department of education but erroneous missed posting them to their website for the year ended June 30, 2022. Context: The University did not post any of the 4 institutional quarterly reports timely. Effect: The University did not comply with the reporting requirements of for the program. Recommendation: The University should put in place a process to ensure timely posting of the institutional quarterly reports. Management Response: The University concurs with this finding. Corrective Action Plan: See attached management?s corrective action plan.

Categories

Reporting

Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $8.47M
84.425 Education Stabilization Fund $2.13M
84.063 Federal Pell Grant Program $1.24M
84.007 Federal Supplemental Educational Opportunity Grants $395,716
47.083 Integrative Activities $264,105
47.075 Social, Behavioral, and Economic Sciences $122,915
47.076 Education and Human Resources $109,163
10.215 Sustainable Agriculture Research and Education $80,068
84.033 Federal Work-Study Program $77,132
93.859 Biomedical Research and Research Training $52,172
93.912 Rural Health Care Services Outreach, Rural Health Network Development and Small Health Care Provider Quality Improvement $38,851
94.006 Americorps $34,438
84.027 Special Education_grants to States $23,001
47.049 Mathematical and Physical Sciences $22,562
93.395 Cancer Treatment Research $20,334
12.006 National Defense Education Program $19,993
16.034 Coronavirus Emergency Supplemental Funding Program $10,991
84.038 Federal Perkins Loan $7,954
47.074 Biological Sciences $4,897
93.110 Maternal and Child Health Federal Consolidated Programs $4,845
47.070 Computer and Information Science and Engineering $1,617
43.008 Education $1,385
93.575 Child Care and Development Block Grant $82