Common Audit Findings Quick Guide
Unfavorable audit findings can result in more frequent reporting and monitoring, repayment of funds, loss of continuation of multi-year award, and/or termination of an award.
Below, you will find the most common findings by the US Department of Education and the SPPS procedures designed to prevent these from ocurring. For a pdf of this information in table form, click here.
Failure to follow procurement standards
This finding can include:
- Inadequate documentation
- Missing receipts, purchase orders, invoices or canceled checks
Avoid this finding by following these SPPS processes:
Issues with compensation
This finding includes:
- Time and Effort charged at a higher rate than the worker’s regular salary, or in addition to employee's salary
- Time and Effort reports that are missing, incomplete or not timely
Avoid this finding by following this SPPS process: