Sep 1, 2026Board meeting
Audit Committee Audit Committee Meeting
The Audit Committee meeting covered several key items, including the adoption of a new audit response policy, the internal audit department's budget proposal for the upcoming biennial budget, and the welcome of a new senior internal auditor. Significant focus was placed on remediation efforts for Southern and Eastern Connecticut State University regarding audit findings, and the committee discussed the implementation of a dashboard to track progress on these findings. Other topics included the status of various audits, such as the CSCU 2020 construction expenditures, system-wide financial statements, and a new statutorily required annual audit regarding faculty consulting activities.