oversight

Admin. Financial Violations (PI/PS)

Published by the National Science Foundation, Office of Inspector General on 2014-11-14.

Below is a raw (and likely hideous) rendition of the original report. (PDF)

                                                 NATIONAL SCIENCE FOUNDATION
                                                  OFFICE OF INSPECTOR GENERAL
                                                    OFFICE OF INVESTIGATIONS

                                             CLOSEOUT MEMORANDUM

Case Number: 113080049                                                                    Page 1 of 1



                                             1
        This case was opened on a company due to concerns regarding discrepancies between the
        amount reported to NSF in the Federal Financial Report for the award and corresponding
        expenses recorded in the company's accounting system. Furthermore, there were concerns that
        the company president3 was deceiving NSF in regards to their intentions to move under a
        university. 4 We reviewed relevant audit reports from multiple sources, gathered open source
        information, and interviewed appropriate NSF personnel. This revealed that the company had
        attempted multiple times to reconcile the discrepancies, and that the information provided likely
        would have done so. Furthermore, the company was consistent in their statements regarding their
        move under the university, and eventually did move under the university in 2013. Currently,
        there are no unresolved issues.

         Accordingly, this case is closed.




         2


         4




NSF OIG Form 2 (11/02)