Finding 648818 (2022-003)

Material Weakness
Requirement
L
Questioned Costs
-
Year
2022
Accepted
2023-03-12
Audit: 64382
Organization: Sierra Nevada College (NV)
Auditor: Eide Bailly LLP

AI Summary

  • Core Issue: Quarterly HEERF reports were submitted cumulatively instead of separately for each quarter.
  • Impacted Requirements: Reports must follow Department of Education guidelines, which specify that data should not be cumulative.
  • Recommended Follow-Up: Implement a process to ensure compliance with reporting requirements and prevent future errors.

Finding Text

2022-003: U.S. Department of Education Higher Education Emergency Relief Fund COVID-19 ? Higher Education Emergency Relief Fund ? Student Portion, Assistance Listing 84.425E P425E200015 Reporting Material Weakness in Internal Control over Compliance Criteria: Based upon the guidance provided by the Department of Education, the quarterly reports should appear on separate documents by quarter and should not be cumulative. Condition: The quarterly HEERF reports were reported on a cumulative basis rather than the information for only that quarter. Cause: The University did not have internal controls to ensure that the data reported on the quarterly student HEERF reports were quarterly information rather than cumulative. Effect: The information submitted on the quarterly student HEERF reports reported cumulative data rather than only the information for that quarter. Questioned Costs: None Context/Sampling: Nonstatistical sampling was used. Sample size of 3 reports were selected out of a total of 5 reports required to be submitted during the year. Repeat Finding From Prior Year: No Recommendation: We recommend that the University implement a process to ensure that all information submitted for the quarterly reporting is based upon the guidance provided by the Department of Education. Views of Responsible Officials: Management agrees with the finding; however, management disagrees with the classification of the finding as a material weakness versus a significant deficiency.

Categories

Material Weakness Reporting Significant Deficiency Internal Control / Segregation of Duties

Other Findings in this Audit

  • 72371 2022-002
    Material Weakness
  • 72372 2022-002
    Material Weakness
  • 72373 2022-002
    Material Weakness
  • 72374 2022-002
    Material Weakness
  • 72375 2022-002
    Material Weakness
  • 72376 2022-003
    Material Weakness
  • 648813 2022-002
    Material Weakness
  • 648814 2022-002
    Material Weakness
  • 648815 2022-002
    Material Weakness
  • 648816 2022-002
    Material Weakness
  • 648817 2022-002
    Material Weakness

Programs in Audit

ALN Program Name Expenditures
84.268 Federal Direct Student Loans $4.24M
84.063 Federal Pell Grant Program $413,743
84.425 Education Stabilization Fund $69,347
84.379 Teacher Education Assistance for College and Higher Education Grants (teach Grants) $51,979
84.007 Federal Supplemental Educational Opportunity Grants $34,887
84.033 Federal Work-Study Program $14,105
93.859 Biomedical Research and Research Training $6,822