Finding Text
Finding 2022-001 Federal Program: U.S. Department of Education: COVID-19: Higher Education Emergency Relief Fund (HEERF) Criteria: The University must comply with 31 CFR Section 35.4(c). Condition: During our testing of quarterly reporting for the HEERF, we noted that the University did not report their lost revenues used as part of institutional spending. Cause: The lost revenues were not properly reported on the quarterly reports. Effect: The lost revenues were not reported properly. The provisions of 31 CFR 35.4(c) were not followed. Recommendation: We recommend that the University reconcile all HEERF reporting to accounting data to verify all federal expenditures are properly reported in accordance with the provisions of 31 CFR Section 35.4(c).