What is it?

The University’s Financial Statements are prepared by Financial Services and audited by the University’s Board of Governors appointed external auditors.  The Financial Statements consist of:

  • Financial Position (Balance Sheet)
  • Operations (Operating or Income Statement)
  • Change in Net Assets
  • Cash Flows
  • Notes to Financial Statements

Why is it important?

The University’s financial statement reporting fiscal year is May 1 to April 30, and the audit takes place during the months of June through August. The draft financial statements are presented to the University’s Board of Governors for approval in September.

Where do I find more information?