USM Board of Regents Committee on Audit Meets October 16
Adelphi, Md. (Oct. 12, 2018) – The University System of Maryland (USM) Board of Regents Committee on Audit will meet at 1 p.m. on Tuesday, October 16. The meeting will be held in the Chancellor’s Conference Room in the Elkins Building at the USM Office, 3300 Metzerott Road, Adelphi, MD.
In public session, the committee will discuss several information items. These items include an audit plan for the fiscal-year-ending (FYE) 2019 independent audit and FYE 2018 system-wide draft financials, balance sheet and statement of changes. The committee also will discuss Office of Legislative Audit activity.
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; a discussion of investigative matters that may lead to criminal prosecution; the calendar year 2017 internal audit plan of activity; calendar year 2018 internal audit plan of activity; and the committee’s separate meeting with the independent auditors and director of internal audit.
Agendas and supporting materials for Board of Regents committee meetings are here.
Contact: Mike Lurie