USM Board of Regents Committee on Audit Meets March 26
Md. (March 24, 2015) -- The University System of Maryland (USM) Board of
Regents Committee on Audit will meet at 10 a.m. on Thursday, March 26. The
meeting will be held in the Chancellor's Conference Room in the Elkins Building
at the USM headquarters, 3300 Metzerott Road, Adelphi, MD.
public session, the committee will discuss several information items, including
the USM half-year (period ending 12/31/14) financial statements/financial comparison
analysis to peer institutions; an update on state Office of Legislative Audit
(OLA) activity; and the follow-up of Coppin State University's most recent OLA
committee then will vote on whether to reconvene in closed session. In closed session,
the committee would consider issues specifically exempted in the Open Meetings
Act from the requirement for public consideration.
issues include legislative audit
matters that are ongoing and, therefore, confidential; discussion of investigative
matters that may lead to criminal prosecution; the calendar year 2015 internal audit plan of activity;
and the committee's separate meeting with independent auditors.
agenda and supporting materials for the public and prospective closed sessions are
Contact: Mike Lurie