Published on Tue, 21/04/2015 - 12:23
A recent internal audit has found that in some instances the narrative assigned to an expenditure item on CUFS is either missing or unclear. This has also been noticed by a number of sponsors who have conducted audits over the last two years.
Insufficient detail can cause problems for departments and auditors because it can take a long time to investigate and justify the expenditure. Therefore it is recommended that where possible, enough information is included in the comments section to ensure that an independent external body can confirm that the item is an eligible expense.
Furthermore, it is important to allocate costs in the correct cost category in CUFS. As well as assisting auditors in selecting their sample to review, it will help departments and PIs when having to justify expenses. If the cost category is not set up on your grant, please contact your Research Support Advisor who can set this up for you if applicable.
Should you have any queries please do not hesitate to contact Toni Arnott on Toni.Arnott@admin.cam.ac.uk