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State Audit Watch

N.J. To Encourage Accurate Indirect Cost Info

Audit Finds State Departments Are Not Complying with Requirements

Jerry Ashworth

January 22, 2018 at 08:36:47 ET

The New Jersey Department of the Treasury (N.J. Treasury) plans to update its guidance to verify that departments within the state are submitting accurate information on indirect cost recoveries, in response to a recent audit by the New Jersey Office of State Auditor (OSA). OSA audited the N.J. Treasury Office of Management and Budget’s (state OMB) statewide cost allocation plan (S... Read More

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N.J. To Encourage Accurate Indirect Cost Info

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