February 13, 2025 - Audit & Compliance Committee, University of Minnesota Board of Regents
Audit & Compliance Committee, University of Minnesota Board of Regents · February 13, 2025
The University of Minnesota Board of Regents Audit & Compliance Committee received reports from external auditors (CliftonLarsonAllen) on completed FY24 engagements, kicked off the FY25 external audit plan including timeline and risk assessment, and got an internal audit update noting a 27% implementation rate for essential recommendations and lingering HIPAA governance issues.
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