Word: gao
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Dates: during 1990-1999
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...GAO officials ruled that all thesecosts--totalling $75,000--were unallowable. Thatfigure is in addition to the $250,000 that theMedical School withdrew last spring after hiringan accounting firm to conduct an independentaudit...
Perhaps the most significant defeat for theMedical School yesterday was the GAO's technicaldecision to reject a Harvard accounting systemthat resulted in an additional $663,000 inbillings to the government...
...federal investigator said there may be moreto come in the technical area of cost allocationand that the GAO may question hundreds ofthousands more dollars...
...helps that the U.S. General AccountingOffice (GAO) has not found too much to complainabout, at least in comparison to Stanford and MIT.But Harvard's spin doctors--who includespokesperson Peter Costa, Vice President andGeneral Counsel Daniel Steiner '54 andothers--showed insight months before this issuebecame a national scandal...
...GAO chose the Medical School as its firstpost-Stanford target for investigation of overheadcost claims. Staying ahead of the game, Harvardcommissioned the local accounting firm Coopers andLybrand to conduct an independent audit of theSchool's finances and then stole the GAO's thunderby voluntarily withdrawing $250,000 inquestionable expenses from its 1991 reimbursementrequest...