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"What’s the big deal? I always require 200 M&Ms with the blue ones picked out and 7 bottles of Evian with the caps loosened. Seems like pretty much the same thing."
— PLW
Professor Who Flew to Deliver Guest Lecture Bills Stanford for Carbon Offset of Travel
Leaked Contract Helps Sallie Mae and USA Funds in Court
A federal judge, peeved by the leak, threw out a lawsuit accusing the two companies and a collections business of defrauding taxpayers and student-loan borrowers.
Professor Who Flew to Deliver Guest Lecture Bills Stanford for Carbon Offset of Travel
A computer-science professor argues that colleges should routinely pay for the environmental impact of travel costs.
Merger of 2 Food-Science Programs Crosses State Lines
Washington State University and the University of Idaho will increase course offerings and provide better extension support to farmers in the two states.
FBI Investigates Ponzi Scheme Allegedly Conducted at U. of Miami
University facilities were said to have been used in a scam that bilked investors out of an estimated $30-million.
Court Refuses to Block Team Cuts at James Madison U.
The university plans to eliminate seven men’s teams and three women’s teams to meet gender-equity requirements.
New Mexico State U. Threatens to Revoke Fired Professors' Degrees | 69
Drinking-Age Campaign Binges on Big Names, Big Media | 62
All U. of Iowa Professors Told to Undergo Training to Avoid Sexual Harassment | 50
Withhold 'Judgement' on Students When a Word is 'Misspelt' | 50
U. of San Diego Backtracks on Appointing Feminist Catholic Theologian | 48
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June 28, 2006
Audit Suggests That Florida A&M U. May Be Putting Fiscal House in Order
There was good news and bad in a much-delayed financial audit of Florida A&M University’s 2004-5 fiscal year that was released late Monday, according to an article in today’s Tallahassee Democrat. On the one hand, the draft audit said, $95-million worth of transactions were improperly accounted for in the university’s books, and millions of dollars in other accounts could not be reconciled. On the other hand, the audit found a small budget surplus in 2004-5.
Because it concerns a fiscal year that ended almost a year ago, the audit does not provide a good sense of how much progress the university has made since its board fired its president nearly two year ago (The Chronicle, September 30, 2004). But audits conducted early last year (The Chronicle, February 28, 2005) suggested a far more dire situation than the one released this week, and the university’s interim president, Castell Bryant, took credit for straightening out the university’s finances.
Posted on Wednesday June 28, 2006 | Permalink |
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