OFFICE OF INSPECTOR GENERAL OFFICE OF INVESTIGATIONS 1 CLOSEOUT MEMORANDUM !i i 1 I i I I The Office of Inspector General (OIG) received information that a university1 had transferred I that there was no system for tracking government owned equipment. Investigation disclosed that the University transferred several closed grant accounts to a single holding account in order to facilitate the conversion'to a new accounting system. The University failed to reconcile these residual grant funds in a timely manner. ! As a result of this investigation, the University returned $29,477.02 fiom its holding account to 1 the NSF. In addition, at OIG7srequest, the University self-disclosed to five other federa( I i agencies a total of $33,388.02 of federal funds in its holding account. Regarding the allegation that there was no system for tracking government owned equipment, 1 I this investigation disclosed that the University did have a tracking system in place that met NSF, I ! I OMB, and the University's policies. I In light of the fact that this matter was thoroughly investigated, the University returned 1 $29,477.02 to NSF and notified the other affected federal agencies, no hrther investigation is I I Accordingly, this case is closed. NSF OIG Form 2 (1 1/02)
Admin. Financial Violations (PI/PS)
Published by the National Science Foundation, Office of Inspector General on 2006-02-09.
Below is a raw (and likely hideous) rendition of the original report. (PDF)