Common Audit Findings Lack of inventory records on a perpetual basis Lack of inventory records on a perpetual basis Equipment not being labeled Equipment not being labeled Improper payroll distribution (not pro- rated) Improper payroll distribution (not pro- rated) Purchase orders not indicating Title 1 (and adjusting entries to reclass amounts) Purchase orders not indicating Title 1 (and adjusting entries to reclass amounts) Final expense reports not matching budgets Final expense reports not matching budgets
{}