In this session, USAC’s High Cost and Internal Audit staff will discuss the most common carrier errors discovered during High Cost beneficiary audits conducted in fiscal year 2024, including:

• Improper reporting of ineligible items/unallowable expenses (i.e. expenses not used for High Cost purposes)
• 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
• Inaccurate/misclassified access line and loop counts
• Inaccurate calculation of depreciation