Monday, March 17, 2008

Uh Oh!

Here's an article that might be of interest to readers in Wales with an interest in Higher Education.

It appears that European Commission Auditors have concerns about monies claimed by Welsh Universities for overheads claimed and paid for as part of Objective One projects.

A Welsh Assembly spokesman said

" The eligibility of overheads claimed by universities was raised during external audits by the Welsh Assembly Government as part of the routine audit programme. Universities will not be asked to repay Objective One overheads where they can demonstrate that they have claimed them in accordance with the EC approved methodology. As with all European funding, if project sponsors are unable to demonstrate that they have claimed expenditure in accordance with EC guidelines they may be required to repay grant on any ineligible expenditure."


Powered by ScribeFire.

No comments:

Post a Comment