Tag Archives: audits

Flurry of USF Audit Reports Expected by End of Year, Random Audits to Return in FY 2019

We attended the Audit Committee meeting at USAC’s quarterly business meeting this morning.  While much of the discussion concerned internal controls USAC has in place to oversee its functions, the business update portion of the meeting gave us a snapshot into contributor and beneficiary audit activity at USAC.  The presentation gave us some insight into … Continue Reading

Register Today for Kelley Drye’s 5th Annual USF Update Webinar on February 27th

With expenditures of nearly $9 billion annually, the FCC’s Universal Service Fund (USF) approximates the total revenue of the entire National Football League. It is no wonder that USF continues to dominate the Commission’s telecommunications agenda. In 2013, the Commission implemented most aspects of the new “Connect America Fund”, continued work on its 2012 Lifeline … Continue Reading

GAO Audit Finds USAC Audits Lacking in Controls

The Government Accountability Office (GAO) recently released a study of the FCC’s e-rate program controls.  The GAO study recommended that the FCC conduct a "robust risk assessment" of its e-rate program and revise the internal control structure of the program.  What caught our eye, however, was the commentary on USAC’s e-rate beneficiary audits. The GAO … Continue Reading
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