Off-Site Committee Finding:
institution provides financial statements and related documents,
including multiple measures for determining financial health as
requested by the Commission, which accurately and appropriately
represent the total operation of the institution.
___ Did not review
audit reports have been provided. The institution notes that it
is in partial compliance and will be in compliance when
“Presentation of the audit report and management letters bring
the university into compliance with Comprehensive Standard
The report from
the texas State Auditor with respect to the fiscal year ended
August 31, 2004 is available at
As previously noted, the State of Texas conducts an annual
global audit, so annual audits for the university are not
available. We offer the university’s Annual Financial Reports to
the Texas State Auditor’s Office in place of formal audits.
These reports are available for the past 5 fiscal years at
university’s annual budget is on-line at:
cited above, along with statements provided in the original
compliance certification support our contention that the
financial health of the university is satisfactory.