advertisement

Federal 2006 audit cites accounting errors at UM

Friday, March 27, 2009 | 6:24 p.m. CDT; updated 6:47 p.m. CDT, Saturday, March 28, 2009

COLUMBIA — The University of Missouri system expects to return $282,000 to the federal government after an adverse compliance audit of research money received from the Department of Health and Human Services.

Outside auditors found the glitches in a review of fiscal year 2006 grant and contracts.

University officials say they didn't properly verify the eligibility of third parties who received research money to make sure that those receiving contracts did not have compliance issues.

The audit also faulted the university for not verifying in a timely way that certain grant recipients devoted the amount of time to research projects as outlined in grant proposals.

The university has reorganized its oversight of federal spending. Subsequent external audits of research money spent in fiscal years 2007 and 2008 show full compliance.

 


Like what you see here? Become a member.


Show Me the Errors (What's this?)

Report corrections or additions here. Leave comments below here.

You must be logged in to participate in the Show Me the Errors contest.


Comments

Leave a comment

Speak up and join the conversation! Make sure to follow the guidelines outlined below and register with our site. You must be logged in to comment. (Our full comment policy is here.)

  • Don't use obscene, profane or vulgar language.
  • Don't use language that makes personal attacks on fellow commenters or discriminates based on race, religion, gender or ethnicity.
  • Use your real first and last name when registering on the website. It will be published with every comment. (Read why we ask for that here.)
  • Don’t solicit or promote businesses.

We are not able to monitor every comment that comes through. If you see something objectionable, please click the "Report comment" link.

You must be logged in to comment.

Forget your password?

Don't have an account? Register here.

advertisements