Report of Board of Regents Advisory Task Group available online

News Release from University of Hawaii Nov. 15, 2012

KAHULUI, Maui, Hawai‘i – The University of Hawai‘i Board of Regents accepted the report of the Operational and Financial Controls Improvement Advisory Task Group at its monthly meeting held today at the University of Hawai‘i Maui College.

The report is available online on the UH Board of Regents website at www.hawaii.edu/offices/bor.

The direct link to the PDF document is: http://www.hawaii.edu/offices/bor/tempdocs/UH_BOR_Report_111512.pdf

The Task Group was created at the August 22nd board meeting by the regents and charged with examining what happened during the preparations for the concert that lead to the loss of the university's $200,000 and what policies and procedures needed to be changed so that similar events would not occur in the future.

The group was composed of nine members: five from the Board of Regents and four ex-officio members with expertise in financial processes and organizational internal controls.

The members included:

James H.Q. Lee, Vice Chair, Board of Regents

Barry Mizuno, Regent

Saedene Ota, Regent

Jan N. Sullivan, Regent

Benjamin A. Kudo, Regent

Terri Fujii, Office Managing Partner, Honolulu Office of Ernst & Young LLP

Cory Kubota, Assurance Principal, Accuity LLP

Patrick Oki, Managing Partner, PKF Pacific Hawaii LLP

Lawrence D. Rodriguez, Business Consultant

Also available on the Board of Regents website is the UH internal audit report on the UH Mānoa Office of Intercollegiate Athletics.

The direct link to the PDF document of the internal audit report is:

http://www.hawaii.edu/offices/bor/tempdocs/UHM_Athletics_Report_110712.pdf

The direct link to the PDF document of the attachments to the athletics report is:

http://www.hawaii.edu/offices/bor/tempdocs/UHM_Athletics_Report_Exhibits_110712.pdf

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