The College’s processes were not adequate to ensure (1) assets were inventoried in compliance with Office of the Comptroller of Public Accounts
(Comptroller’s Office) requirements, (2) all disposed assets were recorded and accurate in the State Property Accounting system (SPA),
and (3) assets were disposed of in compliance with Comptroller’s Office requirements or College policy. Additionally, the College’s
existing process did not ensure that it maintained support for all disposed assets.
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