Word: gao
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...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...
...GAO has since found $75,000 in furtherinappropriate charges at the Medical School, anddiscounts $663,000 more because of an accountingapproach it says Harvard can't justify...
Some of those extra costs are potential publicembarrassments. The GAO questioned $8000 in legalfees for such matters as the defense of a sexualdiscrimination suit filed against the Businessschool and the sale of property in New York...