Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Mayville State audit finds six control weaknesses; university says steps underway to fix problems
Summary
An audit of Mayville State University for the 2022–23 biennium presented Aug. 14 identified six formal findings covering personnel file and evaluation practices, year‑end accounting entries, reconciliation processes, procurement lapses, missing approvals, and a partial capital‑asset inventory.
An audit of Mayville State University for the 2022–23 biennium presented Aug. 14 identified six formal findings covering personnel file and evaluation practices, year‑end accounting entries, reconciliation processes, procurement and purchasing‑card approvals, and failure to perform a full annual capital‑asset inventory.
Why it matters: several findings affect financial controls that support decisions on salary, purchasing and asset management. Auditors flagged…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
