State University of New York
College at Buffalo:
Financial Management Practices We examined the
controls over faculty
time and attendance practices and certain cash collections at the
State University College at
Buffalo. We identified significant weaknesses in these controls.
As a result of these
weaknesses, leave accruals may not have been charged for all
faculty absences and College
funds may have been misappropriated. For example, thousands of
dollars in cash collections
were never deposited into the authorized accounts, but instead
were kept with personal funds
by the College's athletic director, who said that he used the
funds to pay expenses relating to
account activities. We were not able to confirm these
expenditures, because the athletic
director did not maintain supporting documentation. We referred
this matter to the State
Attorney General for further investigation. We note that the
weaknesses in cash controls were
identified in two prior audits, but were not corrected by College
For a complete copy of 95-S-82 click here.
For a copy of the associated follow-up report click here.
For a copy of the 90-day response click here.