ERIC Number: ED620668
Record Type: Non-Journal
Publication Date: 2021-Aug-26
Pages: 19
Abstractor: ERIC
ISBN: N/A
ISSN: ISSN-
EISSN: N/A
Available Date: N/A
Inconsistent Grantee and Subgrantee Reporting of Education Stabilization Fund Subprograms in the Federal Audit Clearinghouse. Flash Report. ED-OIG/F21NF0037
Office of Inspector General, US Department of Education
The purpose of this flash report is to share with the U.S. Department of Education (Department) observations made by the Office of Inspector General (OIG) concerning grantees and subgrantees inconsistently reporting audit data on Department subprograms, or unique components of a program, to the Federal Audit Clearinghouse (FAC), the designated repository of single audit data. Coronavirus pandemic emergency relief funds were allocated to the Department under a single Federal program--the Education Stabilization Fund (ESF)--and were then awarded by the Department to grantees under 22 subprograms. Grantees and subgrantees are required to identify Federal award expenditures and their auditors are required to identify the award expenditures that are impacted by a Federal program audit finding. Breaking out the findings by award, or subprogram, is important to oversight, data reliability assessments, audit resolution, and transparency. Department guidance recommended that grantees identify subprograms in the audit report package, but did not give specific instructions on reporting by subprogram in the FAC.
Descriptors: Federal Programs, Grants, Audits (Verification), Financial Audits, Federal Aid, Educational Finance, Expenditures, Disclosure, Program Evaluation
Office of Inspector General, US Department of Education. Available from: ED Pubs. P.O. Box 1398, Jessup, MD 20794-1398. Tel: 877-433-7827; e-mail: edpubs@edpubs.ed.gov; Web site: https://www2.ed.gov/about/offices/list/oig/managementchallenges.html
Publication Type: Reports - Research
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: Office of Inspector General (ED)
Grant or Contract Numbers: N/A
Author Affiliations: N/A