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Audit committee approves WhittleC engagement to audit CSU 2020 bond expenditures
Summary
The audit committee approved a third-year engagement of WhittleC to audit expenditures funded by the CSU 2020 bond program, confirming the committee's oversight of capital-improvement spending.
The audit committee approved the engagement of WhittleC to perform its annual audit of expenditures financed by the CSU 2020 bond program. Annette Pavone described the engagement as an audit of specific 2020 bond fund expenditures across the system to ensure expenditures are categorized correctly and executed as required. The firm has conducted the engagement previously; this will be the third year.
The committee moved, seconded and approved the WhittleC engagement by voice vote. No further discussion preceded the vote, and the committee concluded the agenda items before moving to executive session.
