Audit of UCM Questions Nearly $227,000 of Expenses Claimed

The National Science Foundation (NSF) Office of Inspector General (OIG), in a recent performance audit of the University of California at Merced (UCM), identified almost $227,000 in questioned costs, including $21,064 in drawdowns from NSF’s Award Cash Management $ervice (ACM$) that auditors said were unallowable. In fiscal year 2021, UCM reported more than $44 million in grants an... Read More