University of North Florida
Board of Trustees
Finance and Audit Committee
January 15, 2013
Osprey Commons, 4th Floor, Talon Room at 12:15 p.m.
Agenda
Chair Munoz will call the meeting to order.
Proposed Action – None
Chair Munoz will seek approval of the minutes from the October 16 meeting.
Proposed Action – Approval
Item 3 Open Comments
Chair Munoz will offer opportunity for open comments concerning items on this agenda.
Proposed Action – None
The purpose of this item is to provide the Board of Trustees with an independent accountant’s report on the financial statements for Athletics in accordance with guidelines set forward by the National Collegiate Athletic Association.
Vice President Shuman will address the committee and present this report.
Proposed Action – None
This item is in response to the Board of Governors’ requirement that the Board of Trustees review the university’s direct service organizations federal Internal Revenue Service Return of Organization Exempt from Income Tax form (Form 990).
Vice President Shuman will address the committee and present this item.
Proposed Action – None
The purpose of this item is to present a report to the Board of Trustees for this quarter’s activities in the Office of Internal Auditing.
Mr. Robert Berry, director, Office of Internal Auditing, will address the committee and present the update.
Proposed Action – None
The purpose of this item is to present Board members with an overview of the purpose of the Office of Internal Auditing.
Mr. Robert Berry, director, Office of Internal Auditing, will address the committee and present the overview.
Proposed Action – None
This item provides a review of this quarter’s budget report.
Vice President Shuman will address the committee and present the quarterly budget report.
Proposed Action – None
This item provides an overview of the current treasurer’s report.
Vice President Shuman will address the committee and present the treasurer’s report.
Proposed Action – None
Item 10 Compliance Office Overview
The purpose of this item is to provide the Board of Trustees with an overview of the newly established Compliance office, including a demonstration of the Compliance office website.
Dr. Joann Campbell, associate vice president and compliance officer, will address the committee and provide this overview.
Proposed Action – None
Item 11 Adjournment
Chair Munoz will adjourn the meeting.
Proposed Action – None