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Education

A Report on The Fiscal Year 2002 University Accreditation Reviews

April 2002

Report Number 02-036

Overall Conclusion

The State Auditor's Office published six accreditation review reports in fiscal year 2002. The Southern Association of Colleges and Schools (SACS) requires these financial reviews as a part of its university accreditation process. The universities may choose to have this work done by the State Auditor's Office or by an independent CPA firm.

Key Facts and Findings

  • We perform these accreditation reviews in conjunction with the internal audit departments of the universities.

  • The internal audit departments prepare summarized financial statements and supporting information.

  • The State Auditor's Office reviews the information provided and determines whether the financial information is appropriately presented and supported.

  • This approach is cost-efficient for the universities and provides the State Auditor's Office with opportunities to review the accounting systems used by the various universities.

Contact the SAO about this report.

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