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Missouri State responds to State audit report

October 19, 2010 by Web Strategy and Development

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On Tuesday, Oct. 19, State Auditor Susan Montee held a news conference on the Missouri State University campus to announce the results of her audit of the university. The auditors began their work in June of 2009 and completed their report just a few days ago. The complete audit is available online at http://auditor.mo.gov/auditreports/highereducation.htm It includes the findings and recommendations, as well as the university’s responses to it. Below, please find the university’s responses to the audit report.

___________________________

Gordon Elliott
2010-11 vice chair of the Missouri State University Board of Governors
and chair of the Board’s Finance Committee

“The Board of Governors thanks State Auditor Montee and her staff for the time and work that went into this report.  We are all well aware of both the value of this report and the time commitment necessary to prepare this report.

“The Board of Governors, President Cofer, and the entire campus community believe in constantly improving. For faculty and academic programs, we accomplish this through outside accreditation and peer reviews. For non-academic programs such as Taylor Health and Wellness Center and intercollegiate athletics, this is accomplished through best-practice standards and periodic reviews. And for finances, it is accomplished through annual independent external audits along with regular reviews throughout the year by our strong internal audit office.

“The review and report from the State Auditor provides another fresh perspective for us to consider toward our goal of making the University a better place to work and study. For that, we are grateful to State Auditor Montee and her staff, even if we do not completely agree with certain conclusions contained in the report. The Board and the University take this report seriously, and we will carefully consider the recommendations contained in it.”

___________________________

James E. Cofer, Sr.
president of Missouri State University

“I believe you always benefit from outside reviews, so I value the input from the State Auditor.  We appreciate the recommendations contained in the report and we will seriously consider them.

“Toward that end, fairly early in September, I established an advisory committee to review the State Auditor’s report and to advise me on the recommendations we should implement. That committee will now begin its work.

“We thank State Auditor Montee and her staff for their contribution to making Missouri State University even better than it already is. We appreciate their time and effort.”

Note: the three members of the advisory committee are: Clif Smart, general counsel (chair); Dick Williams, head, School of Accountancy; and John McAlear, secretary to the Board of Governors and former director of internal audit.)

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Filed Under: Cofer, Financial Outlook Tagged With: audit

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