Agenda Item Background
| To: | Board of Regents Audit Committee | Date: January 21, 2016 |
|---|---|---|
| From: | Gregory Rush, Vice President of Business Affairs | |
| Subject: | 2014-2015 Financial Statements and Report of External Auditors | |
| Reason for Consideration: | Approval | Enclosures: Yes |
Please see attached separately.
The external financial audit was completed on December 3, 2015, approximately two and a half weeks after the extension deadline. The University was able to submit the closing package to the State Controller's Office on November 20, 2015, as the financial statement portion of the audit was complete at that point.
It is recommended that the Audit Committee accept the Audit of the Financial Statements for the 2014-15 fiscal year.
| Initiator: | Gregory Rush, Vice President of Business Affairs |
|---|---|
| Board Action Date: | January 21, 2016 |
| Effective Date: | January 21, 2016 |
Approval
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