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A 2019 report showed that $6.5 billion in foreign gifts to U.S. institutions were not reported. To hold colleges and universities accountable and ensure that their reporting is full, accurate, and transparent, the Department of Education enforces Section 117 of the Higher Education, which requires colleges to report all gifts and contracts involving foreign sources worth $250,000 or more.

The Federal Government says it will immediately begin to investigate universities operating multiple accounts in violation of the Treasury Single Account policy of the government in order to checkmate corrupt practices in the nation’s universities, adding that concrete efforts would be made to protect whistleblowers in the country as part of the ongoing anti- corruption crusade. The government also said it intends to find an alternative means of sourcing funds for the revitalisation of infrastructure in the universities.

A secret report by Ernst & Young into credit card use at Murdoch University has revealed its four most senior academics racked up almost AU$1 million (US$753,000) in expenses in two years. Murdoch refused to release the document until The Australian won an appeal to the West Australian Information Commissioner, arguing that the report was in the public interest as it involved the use of taxpayers’ funds. The revelations come after Western Australia’s Corruption and Crime Commission last year described Murdoch’s financial controls over corporate credit cards as “lax” and found that the parameters of card usage were “extremely broad”.

A new approach in development aid could be fuelling corruption. Western countries are testing the "budget support model", whereby funds are given directly to the government in order to reduce poverty. A report claims that up to June 2002, government expenditure was not supported by the correct documentation.