Southwest Virginia Higher Education Center Foundation

Date Issued

Monday, May 18, 2026

Submitting OIG

Appalachian Regional Commission OIG

Agencies Reviewed/Investigated

Appalachian Regional Commission

Report Number

OIG Rpt 26-30

Report Description

The audit objectives were to determine whether program funds were managed in accordance with the ARC and Federal grant requirements.

Report Type

Audit

Location

Abingdon, VA
United States

Number of Recommendations

Questioned Costs

$27,098

Funds for Better Use

Report updated under NDAA 5274

Open Recommendations

This report has 4 open recommendations.

Recommendation Number	Significant Recommendation	Recommended Questioned Costs	Recommended Funds for Better Use
26-30-01	No	$13,480	$0
Work with ARC to resolve the questioned costs of $13,480 for non-ARC match cost share.
26-30-02	No	$0	$0
Establish a process to reconcile actual expenditures to the reported expenditures to ensure accurate reporting in accordance with the Uniform Guidance and exclude unsupported costs from the amounts reported.
26-30-03	No	$13,618	$0
Work with ARC to resolve the questioned cost totaling $13,618 of non-ARC matching cost share.
26-30-04	No	$0	$0
Establish policies and procedures to ensure timely preparation and submission of financial and progress reports in accordance with the Uniform Guidance and ARC grant agreement requirements.