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No, but the report is about journal voucher adjustments which isn't spending exactly spending. The report says not that they're "spending" $21T, but that they
by fundingshovel 9y ago
No, but the report is about journal voucher adjustments which isn't spending exactly spending.
The report says not that they're "spending" $21T, but that they made a cumulative amount of errors and corrections in their vouchers equalling $21T and have really poor audit controls.
While bad audit controls is a legitimate and serious problem, it very much is not the same as what people normally think of as "Spending".
- roganp 9y agoBut these are adjustments that are larger than the entire (associated) budget. How is even possible? How do poor controls lead to these astronomical errors?