State University of New York
College at Potsdam: Selected Financial Management Practices We identified weaknesses in the procedures used by the College of Potsdam to control access to student accounts, as some individuals have access that is incompatible with their other job duties and other individuals have greater access than is needed to perform their duties. However, we found no instances in which student accounts were adjusted by unauthorized persons and did not identify any significant transactions that were not properly supported. We also found that controls over cash collections at certain remote sites need to be improved to ensure that all receipts are properly recorded and deposited.
For a complete copy of Report 97-S-54 click here.
For a copy of the 90-day response click here.
For a copy of the associated follow-up report click here.