State University of New York

College at Potsdam: Selected Financial Management Practices (Follow-Up Review)

In our prior audit report 97-S-54, we identified weaknesses in the procedures used by the State University College at Potsdam to control access to student accounts, as some individuals had access that was incompatible with their other job duties and other individuals had greater access than was needed to perform their duties. We also found that controls over cash collections at certain remote sites needed to be improved to ensure that all receipts were properly recorded and deposited. In our follow-up review, we found that our prior audit recommendations have generally been implemented by College officials.

For a complete copy of Report 2000-F-15 click here.