Audit Report: OAS-M-05-05

Management Controls over Patent and Royalty Income at Ames Laboratory

Office of Inspector General

May 10, 2005

May 10, 2005

Management Controls over Patent and Royalty Income at Ames Laboratory

The Ames Laboratory did not control royalty income resulting from the successful commercialization of its Revenues research. Rather, it relied on a third party entity to account for and control its royalty revenues without any independent verification of its status. Furthermore, Ames did not use available funds to further its research, technology transfer or education missions.

  • Audit Report: OAS-M-05-05 (907.72 KB)
    The Ames Laboratory did not control royalty income
    resulting from the successful commercialization of its
    Revenues research. Rather, it relied on a third party entity to account
    for and control its royalty revenues without any
    independent verification of its status. Furthermore, Ames
    did not use available funds to further its research,
    technology transfer or education missions.