Table of Contents

Executive Summary ..... 2 Transmittal Letter ..... 3 Introduction ..... 3 Scope ..... 4 Opinion ..... 4 Corrective Action Plan ..... 5 Internal Control Rating ..... 6 Background ..... 7 Summary of Audit Results ..... 7 Observations and Recommendations ..... 9

1. Cash Management ..... 10
2. Tuition and Fee Compliance ..... 14
3. General Administration ..... 16

Finance and Business Affairs Bursar Office Review January 2016