All posts tagged "audit"

  • Grawemeyer Hall U of L
    Audit unearths dysfunction and questionable financial deals between U of L, foundation

    By Kyeland Jackson — After 18 months of investigation, Kentucky Auditor Mike Harmon’s audit found questionable practices between the University of Louisville and the U of L Foundation, U of L’s endowment manager. Citing “serious weakness” in ULF’s...

    • Posted December 14, 2016
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  • CFO Harlan Sands, Chief Financial Officer
    U of L’s chief financial officer resigns

    By Briana Williams — After serving nearly two years as U of L’s chief financial officer, Harlan Sands is leaving the position. Originally reported by WDRB.com, Sands sent Acting President Neville Pinto his resignation letter on Nov....

    • Posted December 2, 2016
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  • KFC YUM! Center
    KFC YUM! Center faces possible audit

    By Kyeland Jackson — Kentucky Auditor of Public Accounts Mike Harmon might have another audit relating to U of L. WDRB first reported the story, as Kentucky lawmakers requested Harmon audit management of the KFC YUM! Center Tuesday. The lawmakers...

    • Posted October 19, 2016
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  • The Louisville Cardinal News
    Brief: U of L investigation stalled by late reports

    By Kyeland Jackson — Kentucky State Auditor Mike Harmon reported U of L and the U of L Foundation are late in giving documents needed for his investigation. Originally reported by WDRB, Harmon cited documents that were...

    • Posted May 4, 2016
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  • The Louisville Cardinal News
    New business center aims for efficiency

    By Kyeland Jackson — Adhering to the 21st Century Initiative, a business operations center will be coming to the Belknap Campus. Chief Operating Officer Harlan Sands hopes the plan will streamline business and encourage efficiency. Presenting in the Chao...

    • Posted April 22, 2016
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  • University of Louisville Board of Trustees
    COO says audit has strengthened financial controls

    By Kyeland Jackson — Chief  Operating Officer Harlan Sands told a trustees committee the university is making progress in strengthening internal controls to limit theft and misuse of funds. The board of trustees audit committee also is...

    • Posted April 15, 2016
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  • Student Opinion
    State audit shakes U of L’s Foundation

    By Ashley Carroll– 2015 was a big year for the University of Louisville Foundation. The board is a non-profit organization directed by 15 board members who oversee U of L fundraising dollars. Back in the summer of...

    • Posted January 28, 2016
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  • The Louisville Cardinal News
    Brief: Auditor to examine U of L Foundation

    By Olivia Krauth– Updated 1:04 p.m. State Auditor Adam Edelen will examine the U of L Foundation, a nonprofit organization worth $1.1 billion, Edelen announced today. The announcement comes after reports of large deferred payments for top U...

    • Posted June 25, 2015
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  • The Louisville Cardinal News
    U of L audit committee continues with Strothman

    By Olivia Krauth– U of L’s Board of Trustees’ audit committee agreed to continue working with Strothman and Company for further evaluation of U of L’s fiscal standing. The decision came at today’s meeting after hearing a...

    • Posted May 13, 2015
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  • U of L releases audit results to public

    By Lubna Hindi — Results of a university-wide audit were announced at today’s U of L Board of Trustees audit committee meeting after the state attorney general’s office requested that they be released by July 2. Representatives...

    • Posted July 2, 2014
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