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NSF - 21-1-011 - Finding1Rec.3

Closed · 2021-05-19

From report

Report
Performance Audit of the Implementation of OMB COVID-19 Flexibilities – Florida International University
OIG report number
21-1-011
Recommendation number
Finding1Rec.3

Recommendation text

Direct FIU to update its administrative and management processes and internal control procedures surrounding the Award Cash Management $ervice for awards with expiring appropriations. Updated processes should ensure FIU appropriately documents how it calculates the final draw amounts for awards with expiring appropriations, to ensure it only uses the draws to cover costs incurred before the appropriation expired.