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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.
Forbes

An Owner’s View Of The Audit Committee: Four Questions To Ask

Private companies typically do not audit their books unless an outside party requires it. Audits are a material expense and require great effort. The bank is typically the first party to require an ...