Finding Text
Criteria
Section 18004(a)(1) of the Coronavirus Aid, Relief, and Economic Security Act required that institutions submit
quarterly reports to the Department of Education that detail the institution's annual expenditures accurately and
that the expenditures reconcile with institution's underlying records.
Condition
During our testing, we noted that the quarterly report for quarter ending December 31, 2022, submitted by the
College and posted on the College website, was not accurate and did not reconcile with the College's underlying
records.
Cause
During quarter ending December 31, 2022, the College reported $153,380.06 in quarterly expenditures disbursed
to students. However, per underlying records, $1,153,380.06 was actually expended by the College. Inaccurate
reporting was caused by human error while preparing the report which was not identified prior to filing and posting
the report.
Effect
The College's quarterly report for quarter ending December 31, 2022, submitted to the Department of Education,
was inaccurate.
Questioned Costs
Not applicable.
Perspective
Our sample was not, and was not intended to be, statistically valid. Of the five filed reports selected for testing,
one report, or 20% of our sample, had a reporting error.
Identification as a Repeat Finding, if applicable
Not applicable
Recommendation
The College should implement review procedures to ensure College is in compliance with the program's reporting
requirements.
View of Responsible Officials
The College agrees with the finding. The underlying documentation supporting the quarterly report for the quarter
ended December 31, 2022 was correct. However, an error was made in keying the information into the report.