January 6, 2006
Auditors Question $117,400 in Football-Program Expenses at the U. of Colorado
For fans of the Buffaloes, December brought more bad news.
A financial audit of the athletics department at the University of Colorado at Boulder has uncovered wide-ranging accounting problems in the football program over the past three years, including $117,400 in questionable expenses paid by the university.
In a report released last month, state auditors said they found an "overall lack of controls over spending and cash advances" that led to "poorly documented, questionable,
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