BOG questions FAMU after ‘serious’ and ‘systemic’ financial failures uncovered in audit

TALLAHASSEE, Fla. (WCTV) – The Florida Board of Governors discussed a recent Florida A&M University audit during their meeting on Wednesday, and now the university is under pressure to take action.

The BOG says FAMU violated state law by failing to pay some vendors on time.

The audit also showed a lack of accounting control and significant staffing issues, which Audit and Compliance Committee Chair Aubrey Edge addressed in the Wednesday meeting…

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