According to the 2010-2011 annual report of the University
of South Florida’s (USF) Audit and Compliance office, its investigations found
three incidents of fiscal misconduct and two incidents of conflicts of
interest.
“The three classified as fiscal misconduct…concluded that
resources of the institution had been misused, resulting in unauthorized and/or
inappropriate disbursements totaling $120,377,” the report stated. “The two
conflicts of interest, related to investigations, impacted $22,205 in
disbursements.”
The Tampa Bay Times coverage FAMU’s Division of Audit and
Compliance also contains sensationalism. It claims: “State leaders and law
firms have been looking into more than a dozen university audits that seemed to
have been essentially fabricated. Under the audit office’s former leader, 15 ‘executive
summaries’ of audits were turned into university officials before any actual
auditing was done.”
The article fails to show how anything was “essentially
fabricated.” The fact that the office submitted executive summaries of 15
audits to the Board of Trustees and didn’t submit full reports is not evidence
of that anything was “fabricated.” Nor does it prove that “audits were turned
into university officials before any actual auditing was done.”
Even the information in the final paragraph of the Times’
own article contradicts that claim that “more than a dozen” audits were “essentially
fabricated.” Rick Givens, FAMU’s new permanent vice-president of audit and
compliance, found the information required to back up seven of the audit summaries.
He is redoing the rest of audits that were reported in summary form to ensure
that all the required information is on the record.
This just looks like another example of the business
bottom-line driving news coverage. The Times seems to think that exaggerated
reports about internal audit issues at FAMU will interest its readership more
than information about the internal audit findings at USF.