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)
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)