USM Board of Regents Committee on Audit Meets June 7
Adelphi, Md. (June 5,
2017) -- The University System of Maryland (USM) Board of Regents Committee
on Audit will meet at 10 a.m. on Wednesday, June 7. 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.
They include an audit plan for the fiscal year 2017 independent audit of
financial statements, developed by SB & Company LLC, and a discussion of
completed Office of Legislative Audit activity.
There also will be a vote on a review of policies and bylaws pertaining to
the committee. At the end of the public session, the committee 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 which may lead to criminal
prosecution; the calendar year 2017 internal audit plan of activity; and the
committee's separate meeting with the independent auditors and director of
The public session agenda and supporting materials for the prospective
closed session are available here.
Contact: Mike Lurie