USM Board of Regents Committee on Audit Meets March 26

Adelphi, 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.

In 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 report.

The 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.

Those 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.

The agenda and supporting materials for the public and prospective closed sessions are available here.

Contact: Mike Lurie
Phone: 301.445.2719