State University of New York

Financial Disclosure Reporting for Academic Employees (Follow-Up Review)

To provide protection against situations that present a conflict of interest, SUNY’s academic employees are required to file certain financial disclosure forms. In our prior audit report 2000-S-11, we examined compliance with this requirement at six selected SUNY campuses. We found that ,while the required forms had generally been filed, they were often incomplete. Moreover, at all six campuses, the disclosure forms either were not reviewed for indications of conflict of interest or were not sufficiently reviewed for such indications. We recommended that the financial disclosure process at SUNY campuses be overseen more closely, and in our follow-up review, we found that actions had been taken to address some of the weaknesses identified in our prior report.

For a complete copy of Report 2002-F-10 click here.