Skip to main content

An Audit Report on Financial and Operational Processes at Midwestern State University

July 2012

Report Number 12-044

Overall Conclusion

Midwestern State University (University) has generally implemented controls over its financial and administrative processes, but it should make improvements in certain areas. Auditors determined that the University:

- Should improve controls over its purchasing, contracting, and procurement card processes.

- Had adequate controls over donations, financial reporting, and assets, but it should improve certain aspects of controls in those areas.

- Had adequate controls over payroll.

- Had adequate controls to protect data in the information systems tested, but it should make certain improvements in areas such as physical security, data backups, and user access.

Contact the SAO about this report.

Download the Acrobat version of this report. (.pdf)