A financial audit of the University of California will be conducted following a unanimous vote Wednesday by the Joint Legislative Audit Committee of the California Legislature. The audit will focus on examining several facets of the university’s finances, including the use of state and federal funds, student fees and the processes of UC auxiliary entities. UC officials have indicated they will cooperate with the investigation, saying accusations of alleged corruption and misuse of public funds are unfounded.

Read full article [here].
by Zach E.J. Williams, The Daily Californian.

Posted: February 19th, 2010, by: admin. Categories: . Awaiting Comments.