University Audit

Research

Examples of controls to reduce the risk of disallowances and repayment:

  • The unit reviews contract and grant expenditures and transfers for compliance with the specific terms of the award.
  • The principal investigator approves all expenditures from and transfers to the project number.
  • Effort reports are accurate, complete, and timely processed.
  • Transfers of expenditures reflect actual costs for that contract or grant. Transfers are made within 90 days of the original payment.
  • Purchases of computers and other equipment are not made toward the end of the award period.
  • Matching expenditures are funded and posted to a separate match project number.