In this session, USAC’s High Cost and Internal Audit staff discuss the most common carrier errors discovered during High Cost beneficiary audits conducted in fiscal year 2022, including:

• Improper inclusion of inappropriate/unallowable expenses
• Inadequate documentation, inaccurate data and misclassified assets, expenses and/or liabilities
• Improperly recorded affiliate transactions
• Improper allocation methodology to classify/separate regulated and non-regulated activities, and inaccurate/misclassified access line and loop counts
• Inaccurate calculation of depreciation