USM Board of Regents Committee on Audit Meets October 21

Adelphi, Md. (Oct. 19, 2015) -- The University System of Maryland (USM) Board of Regents Committee on Audit will meet at 10 a.m. on Wednesday, October 21. 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 two information items: the fiscal year 2015 system-wide draft financials, balance sheet, and statement of changes; and completed 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; 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 and the director of financial audit.

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

Contact: Mike Lurie
Phone: 301.445.2719