Thursday, August 16, 2012

Maryland Office of Legislative Audits and Salisbury University

The Maryland Office of Legislative Audits did an audit of Salisbury University this year.  The results were put in a report put here;

 
Among some of the problems found (and none seemed all that bad compared to the amounts some people are stealing now days)

Procurement and payment processing procedures were not always followed

Formal policies and procedures were not established to provide control
over credit cards used for travel purposes


Internal control weaknesses were noted with respect to the bookstore’s
purchases and point-of-sale system


Internal control deficiencies were noted with respect to non-cash credit
adjustments recorded in student accounts and dietary materials and
supplies

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