Minus: Audit reports with final action taken during the 1 $2,740,191 period (includes collections and other reductions) audit reports pending final action at the end of the 7 $36,991,568 period Source: U.S. Department of Education, Financial Management System. This table presents statistical information on the Department's audit recovery activities related to disallowed costs (see definition in Appendix, section IV) for external OIG audits. External-Table 2: U.S. Department of Education External OIG Audit Activities Related to Better Use of Funds as of March 31, 2016 Number of Recommendations and Final Actions Reports Dollar reports with management decisions on which final 1 $5,200,000 actions had not been taken at the beginning of the period Audit reports on which management decisions were 0 $0 made during the period Audit reports pending final action during the 1 $5,200,000 period (total of two variables above) Minus: Audit reports on which final action was taken 0 $0 during the period (value of two variables directly below) Value of recommendations implemented 0 $0 (completed) Value of recommendations that management 0 $0 concluded should not or could not be implemented or completed Audit reports needing final action at the end of the 1 $5,200,000 period (total less computed value directly above) Source: External audit reports prepared by OIG.
Minus: Audit reports with final action taken during the period (includes collections and other reductions) 1 $2,740,191 audit reports pending final action at the end of the period 7 $36,991,568 Source: U.S. Department of Education, Financial Management System. This table presents statistical information on the Department's audit recovery activities related to disallowed costs (see definition in Appendix, section IV) for external OIG audits. External-Table 2: U.S. Department of Education External OIG Audit Activities Related to Better Use of Funds as of March 31, 2016 Recommendations and Final Actions Number of Reports Dollar reports with management decisions on which final actions had not been taken at the beginning of the period 1 $5,200,000 Audit reports on which management decisions were made during the period 0 $0 Audit reports pending final action during the period (total of two variables above) 1 $5,200,000 Minus: Audit reports on which final action was taken during the period (value of two variables directly below) 0 $0 Value of recommendations implemented (completed) 0 $0 Value of recommendations that management concluded should not or could not be implemented or completed 0 $0 Audit reports needing final action at the end of the period (total less computed value directly above) 1 $5,200,000 Source: External audit reports prepared by OIG.