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CSCU leaders respond to comptroller findings, name compliance officer and outline reforms
Summary
Board members discussed the December state comptroller review of CSCU financial practices, the system's steps to implement stronger controls, and a budget request to the legislature. System leaders said a chief compliance officer has been hired and that a policy committee will begin with a P-Card policy overhaul.
Board and system leaders addressed financial oversight and reforms at the January Connecticut State Colleges and Universities meeting following a December review by the Office of the State Comptroller.
Chair Guay and Chancellor Cheng told the board they had met with the comptroller's office to review findings and to discuss recommended reforms. Chancellor Cheng said the system is committed to implementing stronger internal controls, clearer policies and comprehensive training. He told regents that the system office had already hired a chief compliance officer, Cameron Liston, who "is gonna lead our efforts" on strengthening compliance and training.
Chancellor Cheng…
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