‘Grossly inaccurate.’ Audit of NC Central University finds $45 million in reporting errors

An audit released Thursday said that North Carolina Central University’s financial reporting was “grossly inaccurate” and contained over $45 million in errors.

In a statement, State Auditor Dave Boliek said the university “fell far short of the standards expected of our (higher) education institutions.”

However, Boliek said he has since had meetings with the university’s new leadership team and has “confidence (that) NCCU is on a better path.”…

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