Examples of controls to reduce the risk of disallowances and repayment:

• The unit reviews contract and grant expenditures and transfers for compliance with the specific terms of the award.

• The principal investigator approves all expenditures from and transfers to the project number.

• Time and effort reports are accurate, complete, and timely signed.

• Transfers of expenditures reflect actual costs for that contract or grant.  Transfers are made shortly after the costs are incurred.

• Purchases of computers and other equipment are not made toward the end of the award period.

• Matching expenditures are funded and posted to a separate match project number.

Click on the links below for other examples of controls:
Systems
Financial and Operational
Revenues
Purchases and Payroll
Property and Assets
Safety and Liability

Return to overview of Risks and Controls