State University of New York
Equipment Controls and Compliance with Reporting Requirements (Follow-Up Report)
In audit 2008-S-46, we examined the controls over equipment inventories at five selected SUNY campuses. We found that the controls were generally adequate, but there was a need for improvement in certain controls. For example, physical inventories were not always performed annually or by staff who were sufficiently independent of the items being inventoried. When we followed up on these matters with SUNY officials, we found that our audit recommendations had been implemented.
For a complete copy of Report 2010-F-2 click here.