Report Digest - Northeastern Illinois University - Financial Audit, Compliance Examination for the year ended June 30, 2009

              REPORT DIGEST
NORTHEASTERN ILLINOIS
UNIVERSITY
FINANCIAL AUDIT AND
COMPLIANCE
EXAMINATION
(In accordance with the
Single Audit Act and OMB
Circular A-133)
For the Year Ended:
June 30, 2009
Summary of Findings:
Total this audit 9
Total last audit 7
Repeated from last audit 4
Release Date:
January 14, 2010
State of Illinois
Office of the Auditor General
WILLIAM G. HOLLAND
AUDITOR GENERAL
To obtain a copy of the Report contact:
Office of the Auditor General
Iles Park Plaza
740 E. Ash Street
Springfield, IL 62703
(217) 782-6046 or TTY (888) 261-2887
This Report Digest and Full Report are also
available on
the worldwide web at
http://www.state.il.us/auditor
SYNOPSIS
¨ The University did not have adequate controls in place for
identifying and reporting the University’s liability for
accrued compensated absences.
¨ The University did not identify errors in the draft financial
statements provided to auditors.
¨ The University did not perform reconciliations of its
student receivables on a timely basis.
¨ The University’s grant expenditures were not reimbursed
timely through cash draw downs of grant funds.
¨ The University did not have adequate procedures over
verification of eligibility requirements for TRIO Cluster
– Upward Bound Math and Science program.
¨ The University did not have adequate controls over its
property and equipment.
¨ The University did not comply with certain required
contracting procedures.
{Financial Information is summarized on the reverse page.}