RVCC 2019 NECHE Self-Study

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with us to determine that the consultant has all the relevant facts. To our knowledge, there were no such consultations with other accountants. Other Audit Findings or Issues We generally discuss a variety of matters, including the application of accounting principles and auditing standards, with management each year prior to retention as CCSNH’s auditor. However, these discussions occurred in the normal course of our professional relationship and our responses were not a condition to our retention. We applied certain limited procedures to the Management’s Discussion and Analysis and the supplementary information related to CCSNH’s pension and other postemployment benefits plans, which are required supplementary information (RSI) that supplements the basic financial statements. Our procedures consisted of inquiries of management regarding the methods of preparing the information and comparing the information for consistency with management’s responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We did not audit the RSI and do not express an opinion or provide any assurance on the RSI. We were engaged to report on the Schedule of Expenditures of Federal Awards, which accompany the financial statements but are not RSI. With respect to this supplementary information, we made certain inquiries of management and evaluated the form, content, and methods of preparing the information to determine that the information complies with U.S. generally accepted accounting principles or Uniform Guidance, the method of preparing it has not changed from the prior period, and the information is appropriate and complete in relation to our audit of the financial statements. Our procedures included comparing and reconciling the supplementary information to the underlying accounting records used to prepare the financial statements or to the financial statements themselves. 172 | P a g e PART II – INTERNAL CONTROL MATTERS In planning and performing our audit of the financial statements of CCSNH as of and for the year ended June 30, 2018, in accordance with U.S. generally accepted auditing standards, we considered CCSNH’s internal control over financial reporting (internal control) as a basis for designing audit procedures that are appropriate in the circumstances for the purposes of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of CCSNH’s internal control. Accordingly, we do not express an opinion on the effectiveness CCSNH’s internal control. A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions to prevent, or detect and correct, misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the entity’s financial statements will not be prevented, or detected and corrected, on a timely basis. Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses. Given these limitations, during our audit we
did not identify any deficiencies in internal control that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified. Approval of Budget Transfers PART III – ADVISORY COMMENTS We noted that the Business Office Managers at each campus and many Finance Office staff have the ability to post budget transfer journal entries. There are three different types of budget journal entries: initial budget set up, budget amendments, and line item transfers. It was noted that access to the initial budget set up and budget amendment entries is restricted to certain System Finance Office Staff. Through our testing we noted that there were several budget line item transfer entries recorded throughout the year that were not formally approved and did not appear to be supported by proper documentation. We recommend that CCSNH develop a threshold for budget line item transfers to be approved by the campus President or another designated senior management team member. We understand that the System has a policy that requires approval by the Board of Trustees for any budget transfer in excess of $300,000. We recommend the System update the policy to include a lower threshold for which a transfer entry would require the approval of appropriate System personnel. While we did note there are access restrictions to individuals on the types of budget entries they can post, budget entries should be approved to maintain the integrity the budget as a control and an effective analytical tool. Cash Clearing Account Reconciliations During our audit procedures surrounding cash it was noted that CCSNH does not have a formal process in place to reconcile the various ACH and cash clearing accounts. These balances include transactions that have cleared in a subsequent periods in addition to old balances that will need to be investigated. We recommend that CCSNH reconcile the ACH and cash clearing accounts on a monthly basis to ensure that the balances are identifiable and moved to the appropriate cash accounts upon clearing. * * * * * * * * * * * * We appreciate the cooperation and assistance of the management of CCSNH during the course of our audit. This letter is intended solely for the information and use of the Audit Committee, Board of Trustees, and management of CCSNH and is not intended to be, and should not be, used by anyone other than these specified parties. Bangor, Maine December 7, 2018 173 | P a g e
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“Soar into your Future!” Accred
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Table of Contents INSTITUTIONAL CHA
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at least two but less than four yea
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Physical Therapy Assistant Radiolog
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a) Organization of academic affairs
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ORGANIZATIONAL CHARTS x | P a g e
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xxii | P a g e
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TABLE OF CIHE ACTIONS, ITEMS OF SPE
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INTRODUCTION River Valley Community
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RVCC STANDARD COMMITTEES Committee
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A recurring theme discussed through
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DATA FIRST FORMS GENERAL INFORMATIO
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Description Mission Statement: Rive
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Through our workforce development o
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Standard 1: Mission and Purposes At
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Description Planning and evaluation
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Committees for each Initiative met
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of the project, and the continued a
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oards and clinical/practicum precep
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necessary, guide a suspension or cl
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Standard 2: Planning and Evaluation
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Standard Three Organization & Gover
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Two (2) members from building/mecha
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Institutional Organization River Va
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challenges in financial stability r
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Standard 3: Organization and Govern
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37 | P a g e Standard Four The Acad
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progress through the program; and t
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All programs at RVCC strive to foll
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One area that came to light during
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All program curricula, as well as c
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the College. Faculty mentors often
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in the face to face format and are
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Standard 4: The Academic Program (S
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Standard 4: The Academic Program (H
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Standard 4: The Academic Program (H
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Standard 4: The Academic Program (C
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Description River Valley Community
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RVCC students who are 25 and over m
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Student Readiness for College The S
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The College, under the direction of
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Academic Advising All Program Direc
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In Fall of 2018, a group of student
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Strong community partnerships provi
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Standard 5: Students (Enrollment, F
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Undergraduate Admissions informatio
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Description River Valley Community
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While slightly increased over previ
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accrediting body. Many accrediting
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As per the full-time faculty’s CB
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There is a standard process that RV
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September of 2018 and the OTA progr
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mode of delivery when there is a ne
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Policies also exist to support form
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Standard 6: Teaching, Learning, and
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Standard 6: Teaching, Learning, and
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97 | P a g e Standard Seven Institu
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Gov. Grants $ 300,404 $ 1,389,296 $
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system of public community college
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udget for this program was increase
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CCSNH began a five-year budget mode
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een, or are being resolved. A CCSNH
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The RVCC IT Department has a studen
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Fiscal Year ends - month & day: (06
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FISCAL YEAR ENDS month & day ( / )
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FISCAL YEAR ENDS month & day ( 06 /
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Standard 7: Institutional Resources
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Standard Eight Educational Effectiv
Page 147 and 148: College, 88% (754) of the students
Page 149 and 150: Figure 8.2 - RVCC Student Transfer
Page 151 and 152: to ensure students were provided st
Page 153 and 154: (https://www.turningpointsnetwork.o
Page 155 and 156: Figure 8.5 - RVCC Program Completer
Page 157 and 158: new Clinical Coordinator was hired.
Page 159 and 160: Bachelor Cohort Entering Associate
Page 161 and 162: Student Success Measures/ Prior Per
Page 163 and 164: Description River Valley Community
Page 165 and 166: Policy, the Domestic Violence in th
Page 167 and 168: Hampshire as a self-governing body
Page 169 and 170: esponsibilities of both students an
Page 171 and 172: Projections By Fall of 2019, Col
Page 173 and 174: Advancement not avail. http://www.r
Page 175 and 176: Standard 9: Integrity, Transparency
Page 177 and 178: Programs, courses, services, and pe
Page 179 and 180: Print Publications Self-study/ Fift
Page 181 and 182: (1) (2) (3) (4) (5) CATEGORY Where
Page 183 and 184: with college level math course. 5.B
Page 185 and 186: continuingaccreditation offered at
Page 187 and 188: 27. Respiratory Therapy, AS https:/
Page 189 and 190: 4.12 Learning activities & instruct
Page 191 and 192: Progress Report (to be submitted on
Page 193 and 194: E-SERIES FORMS: MAKING ASSESSMENT M
Page 195 and 196: Management Letter & Financial Repor
Page 197: We have evaluated the key factors a
Page 201 and 202: Table of Contents INDEPENDENT AUDIT
Page 203 and 204: Bangor, Maine December 7, 2018 INTR
Page 205 and 206: CCSNH has done an excellent job ens
Page 207 and 208: CCSNH continues to see declines in
Page 209 and 210: CCSNH, however, has one of the stro
Page 211 and 212: As for wage gaps, across all age gr
Page 213 and 214: FINANCIAL STATEMENTS CCSNH reports
Page 215 and 216: Capital assets, net of accumulated
Page 217 and 218: Net position Overall net position d
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Page 221 and 222: Net position, beginning of year, as
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Page 225 and 226: and the recognition of a gain of $2
Page 227 and 228: Noncurrent assets Student loans rec
Page 229 and 230: Appropriations from the State of Ne
Page 231 and 232: Nature of Business The Community Co
Page 233 and 234: When capital assets are retired or
Page 235 and 236: inflows and deferred outflows relat
Page 237 and 238: 2. Change in Accounting Principle D
Page 239 and 240: 5. Long-Term Liabilities Changes in
Page 241 and 242: 6. Bonds Payable Bonds payable cons
Page 243 and 244: 7. Defined Benefit Pension Plan CCS
Page 245 and 246: Amounts reported as deferred outflo
Page 247 and 248: Discount Rate The discount rate use
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At June 30, 2018, CCSNH reported de
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Discount Rate The discount rate use
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Amounts reported as deferred outflo
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Sensitivity Analysis The following
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Investments Fair Value Measurement
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CCSNH has not defined a limit in it
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256 | P a g e REQUIRED SUPPLEMENTAR
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Notes to the Required Supplementary
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Schedule of Collective Net OPEB Lia
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Graduate Surveys List of new and el
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RVCC 2019 NECHE Self-Study

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