KENTUCKY STATE UNIVERSITY Prior Year Schedule of Findings and Questioned Costs, continued

Year ended June 30, 2014

Finding 2013-008, continued:

Effect:

The University does not have appropriate time and effort records for the time charged to the grant to ensure the distribution of activity represents the reasonable estimate of work performed during the period. The University expended funds related to payroll without time and effort reports being completed correctly in a timely manner and without the appropriate timely levels of review.

Recommendation:

We recommend the University review their policies and procedures to ensure that all time and effort reports are completed correctly and signed and dated by the appropriate personnel and submitted to the sponsoring agent in a timely manner.

Current year status:

This finding was resolved in the current year.

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