Word: audits
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Dates: during 1990-1999
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...response, Fannie Mae last week launched a program to audit bond sales and expel cheaters from the group of 56 firms that sell the securities to the public. "We realized there was no integrity in the system," an agency spokesman said...
Meanwhile, Harvard had avoided the tag of "scandal" in its dealings with the government, conducting an independent audit of Harvard Medical School billing practices and volunteering to repay the government for $500,000 in questionable expenditures. That cooperative move took some bite out of the U.S. General Accounting Office...
Meanwhile, the GAO in mid-July questioned the sampling methods used in the University's independent audit--conducted by accounting firm Coopers & Lybrand--and the allowability of $54,000 in expenditures over and above those withdrawn...
When Harvard conducted an independent audit and voluntarily withdrew $500,000 in overhead reimbursements from the government last spring, it avoided much of the bad publicity over indirect costs received by Stanford University that led to the resignation of Stanford president Donald Kennedy...
When Harvard conducted an independent audit and voluntarily withdrew $500,000 in overhead reimbursements from the government last spring, it avoided much of the bad publicity over indirect costs received by Stanford University that led to the resignation of Stanford president Donald Kennedy...