Finding 635050 (2022-002)

Significant Deficiency
Requirement
L
Questioned Costs
-
Year
2022
Accepted
2023-03-01
Audit: 54920
Organization: Whittier College (CA)
Auditor: Kpmg LLP

AI Summary

  • Core Issue: The College inaccurately reported expenditures in the HEERF II Annual Report, leading to a significant deficiency in internal controls.
  • Impacted Requirements: Compliance with the Department of Education's annual reporting criteria for HEERF funds.
  • Recommended Follow-Up: Enhance internal controls to ensure accurate reporting and implement thorough reviews of the annual report.

Finding Text

Finding 2022-002 Reporting ? Significant Deficiency in Internal Control and Instance of Noncompliance Federal Program: Education Stabilization Fund ? COVID-19 ? Higher Education Emergency Relief Funds Federal Assistance Listing Number: 84.425F ? Higher Education Emergency Relief Fund (HEERF) - Institutional Aid Portion Federal Agency: Department of Education Award Year: July 1, 2021 ? June 30, 2022 Criteria: The Department of Education (ED) will be collecting an annual report for HEERF grantees in April 2022. ED will share more information regarding this annual report, which will require institutions to report on their uses of HEERF I CARES Act funds, HEERF II CRRSAA funds, and HEERF III ARP funds in advance of the ARP annual reporting deadline. Condition and Context: During our test work over the HEERF annual reporting requirement, we noted the College failed to report the amounts accurately within the institutional expenditures section of the HEERF II Annual Report. Isolated or Systemic: Isolated. Cause and Effect: The College?s control failed in detecting that inaccurate and untimely information was reported to ED. Questioned Costs: None noted. Whether the sampling was a statistically valid sample: The sample was not intended to be, and was not, a statistically valid sample. Repeat Finding: No. Recommendation: We recommend that the College enhance its internal controls to ensure all information submitted in its annual HEERF report is accurate. View of Responsible Officials: Whittier College will ensure that adequate review is performed to review the annual report completely and accurately.

Categories

Reporting Significant Deficiency

Other Findings in this Audit

  • 58607 2022-001
    Significant Deficiency
  • 58608 2022-002
    Significant Deficiency
  • 635049 2022-001
    Significant Deficiency

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $7.57M
84.038 Federal Perkins Loans Program $2.78M
84.063 Federal Pell Grant Program $2.25M
84.033 Federal Work-Study Program $526,107
84.007 Federal Supplemental Educational Opportunity Grants $367,143
84.425 Education Stabilization Fund $313,449
94.006 Americorps $1,639