ERIC Number: ED413010
Record Type: Non-Journal
Publication Date: 1997-Oct-29
Reference Count: N/A
State University of New York, College at Old Westbury. Report 96-F-46.
In March 1996, the New York State Comptroller's Office completed a review of the financial management practices of the State University of New York College at Old Westbury between April 1993 and February 1995. The Office's final report included 17 recommendations for improving the internal control structure over cash receipts and disbursements, payroll check distribution, accounts receivable, equipment inventories, and computer security. In 1997, the Office conducted a subsequent review to determine progress made by the college as of February 28, 1997, finding that the college had fully implemented 11 recommendations, partially implemented 1, and not implemented 5. The recommendations that were not implemented were: ensure that receipts collected at the college's Clark Recreational Center are forwarded to the college in a timely manner; review documentation for checks that have been outstanding for more than 90 days; collect amounts due from college concessionaires; ensure that rental fees from outside organizations are collected and deposited in appropriate accounts; and establish equipment utilization records. (BCY)
Publication Type: Reports - Evaluative
Education Level: N/A
Authoring Institution: New York State Office of the Comptroller, Albany.