State University of New York

College at Brockport: Auxiliary Service Corporation, Selected Financial Management Practices (Follow-Up Review)

The Brockport Auxiliary Service Corporation is a not-for-profit corporation that provides the College at Brockport with such services as catering, telecommunications and bookstore operations. In our prior audit report 97-S-31, we found that improvements were needed in a number of the Corporation's financial management practices. For example, the Corporation entered into a capital construction contract for a new bookstore without obtaining the approvals required for such a contract. We made several recommendations aimed at improving the Corporation's financial management practices, and in our follow-up review, we found that these recommendations have been implemented.

For a complete copy of Report 99-F-61 click here.