USM Board of Regents Committee on Audit Meets March 27
Baltimore, Md. (March 23, 2023) – The University System of Maryland (USM) Board of Regents Committee on Audit will hold its next regularly scheduled meeting at 10 a.m. on Monday, March 27.
Access to the public session is via the following dial-in information:
Dial In: 1-443-353-0686
Access Code: 370 626 999
In public session, the committee will discuss several information items. These items include USM’s half-year financial statements and financial comparison analysis to peer institutions and the annual affiliated foundation compliance report.
The committee will discuss the CliftonLarsenAllen LLP update regarding fiscal year 2022 A-133 Single Audit and Maryland Higher Education Commission reporting. The committee also will hear an information item on Office of Legislative Audit published audit reports.
As its final item during the public session, the committee will vote on whether to reconvene in closed session. In closed session, the committee would consider items exempted in the Open Meetings Act from the requirement for public consideration.
Those items include: an update of USM’s cyber security environment; legislative audit matters that are ongoing and, therefore, confidential; ongoing investigations which could result in legal action; an update of calendar year 2023 internal audit plan of activity; and the committee meeting separately with the USM vice chancellor for accountability.
Agendas and supporting materials for Board of Regents committee meetings are here.
Contact: Mike Lurie