ERIC Number: ED369359
Record Type: Non-Journal
Publication Date: 1993-Dec-31
Reference Count: N/A
State University of New York Research Foundation: Controls over Direct Costs. Report 93-S-64.
New York State Office of the Comptroller, Albany. Div. of Management Audit.
An evaluation was done of the State University of New York (SUNY) Research Foundation's controls over direct expenditures for research and sponsored activities. The Foundation is a private, non-profit educational corporation established to expand the educational mission of SUNY through fund raising, administration of gifts and grants, and promotion and administration of externally-sponsored research. From June 30, 1987 to June 30, 1992 the Foundation has seen a large increase in expenditures from $189 million to $289 million. The audit covered practices related to controls over direct expenditures for research and sponsored activities. It examined more than 50 personal service expenditures and almost 100 other-than-personal-service expenditures from 17 sponsored projects at two campuses (Buffalo and Stony Brook). The audit found that, except for controls over certain subcontractor costs, the internal control structure appears to be adequate to ensure that expenditures are appropriate. About 10 percent of direct expenditures are payments to subcontractors. These have increased from $7.7 million in 1987 to $22.4 million in 1992. Examination of selected vendors found that Foundation payments were based on summary billings with no supporting documentation. Other irregularities included inappropriately charged consultant fees, unsupported expenses, and over-billings. Includes the comments of Foundation officials. (JB)
Publication Type: Reports - Evaluative
Education Level: N/A
Authoring Institution: New York State Office of the Comptroller, Albany. Div. of Management Audit.