Finding Text
Federal Program Information: COVID-19 ? Higher Education Emergency Relief Fund (?HEERF?) Student Aid Portion (Assistance Listing #84.425E) and COVID-19 ? HEERF Institutional Portion (Assistance Listing #84.425F) Criteria or Specific Requirement: L. Reporting: The institution is required to post completed quarterly HEERF information to its primary website no later than 10 days after each quarter end. Condition: Certain amounts reported in the University?s Quarterly Budget and Expenditure Reporting forms could not be reconciled to the underlying records. Cause: Administrative oversight. Effect or Possible Effect: The University was not in compliance with the reporting requirements. Questioned Costs: None. Context: For 2 of 4 reports submitted during the fiscal year, certain categorical amounts could not be agreed to the University?s accounting records. Recommendation: We recommend that the University enhance its procedures to ensure accurate reporting of its HEERF expenditures. Views of Responsible Officials: The University has a plan to modify the reporting for the remaining HEERF reports to ensure all amounts are accurate and agree to our accounting records. The Controller and Vice President for Business and Finance will collectively review and approve the remaining HEERF reports. We do note that while categorical amounts were not each accurate in our previous reporting, totals were accurate and there is no question as to the University?s overall claim to the HEERF funds received. We also note that we plan to utilize the final HEERF report to fix the categorical amounts so that all amounts agree to the University?s accounting records.