PETERSBURG, Va. (AP) — Virginia State University has accepted a state audit that is critical of some of the school’s management procedures.
According to The Richmond Times-Dispatch (http://bit.ly/1MkQAFA ), the Virginia Auditor of Public Accounts released a final report last week criticizing management and procurement procedures that it says increased financial pressures on the school.
VSU’s interim president Pamela Hammond says the school will work to improve its business processes.
Days before the final report was released, a VSU spokesman had put forward a different tone, saying the preliminary report contained numerous “unsubstantiated findings.”
One change to the fiscal 2014 audit was the omission of expenses paid for the travel of the wife of former President Keith Miller.
The report also says the university needs to improve the financial projections its uses to make decisions.
Information from: Richmond Times-Dispatch, http://www.timesdispatch.com
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