University of North Florida
Board of Trustees
Finance and Audit Committee

  • Meeting
January 7, 2014
Herbert Center at ~10:15 a.m.

Agenda

Item 1 Call to Order

Chair Lovett will call the meeting to order.

Item 2 Minutes (October 15, 2013)

Chair Lovett will ask for approval of the minutes from the October 15, 2013 meeting.

Proposed Action – Approval – MOTION and Second Required

Item 3 Open Comments

Chair Lovett will offer opportunity for open comments concerning items on this agenda.

Item 4 Office of Internal Auditing – Quarterly Report

This item provides a report for this quarter's activities in the Office of Internal Auditing.

Mr. Robert Berry, director of the Office of Internal Auditing, will address the committee and present this item.

Report – No Action Required

Item 5 Compliance Update

This item provides an update and discussion regarding the evolvement of our compliance function and a new Policy and Compliance Committee.

 

Dr. Joann Campbell, associate vice president and compliance officer, will address the committee and present this item.

 

Report -- No Action Required   

Item 6 Financial Statement Metrics and Ratios

This item provides a discussion regarding reporting of key financial indicators and what may or may not be of interest and relevance to the committee.  


Mr. Scott Bennett, associate vice president, will address the committee and present this item.  

 

Report -- No Action Required

Item 7 Independent Accountant’s Report on Applying Agreed-Upon Procedures, Intercollegiate Athletics Program

This item provides 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 item.

Report – No Action Required

Item 8 Quarterly Budget Report

This item provides a review of this quarter’s budget report.

Vice President Shuman will address the committee and present this item.

Report – No Action Required

Item 9 Treasurer’s Report

This item provides an overview of the current treasurer’s report.

Vice President Shuman will address the committee and present this item.

Report – No Action Required

Item 10 Adjournment

Chair Lovett will adjourn the meeting.