ASU audit reveals few problems with finances - KAIT Jonesboro, AR - Region 8 News, weather, sports

ASU audit reveals few problems with finances

JONESBORO, AR (KAIT) -

An internal audit performed by Arkansas State University revealed two cases of mismanaged money, according to a report released by the Arkansas Division of Legislative Audit.

The results of the audit were released on Friday. The report shows one employee gave housing discounts to unqualified students.

According to the audit, Associate Vice Chancellor for Student affairs Doctor Lonnie Williams improperly authorized housing discounts for some students.

ASU System Vice President for Strategic Communications & Economic Development Jeff Hankins said the university was proactive and discovered the problem before state auditors.

The audit revealed Williams gave nearly $30,000 in discounts to students. It's not known who those students are or why they received a discount. Williams is now paying back the money.

According to the university, Williams, who makes nearly $133,000 per year, is paying more than $100 per paycheck until the debt is paid. 

Hankins said Williams will also pay back the money by giving up accrued leave time.

"We continually take steps to protect university funds and implement best practices in financial management. In these two cases, our internal audit system was effective in investigating the circumstances, identifying the problems and securing restitution," Hankins said in a statement.

The other case Hankins refers to is an issue with an associate professor regarding monetary reimbursements.

The audit stated Dr. James M. Hall, Director of Mathematics Education, was reimbursed by Arkansas State University on eight occasions for travel expenses, but he was also being reimbursed by the National Council for Supervisors of Mathematics.

The travel expenses amounted to $4,283. Hall resigned from the university in February of 2014 and repaid the university the following month.

The internal audit findings were submitted to the Arkansas Division of Legislative Audit.

Copyright 2014 KAIT. All rights reserved.

  • Region 8 News</span><a class="customMoreLink" href="/Global/category.asp?C=4391" target="_top">More >></a>Region 8 NewsMore>>

  • Man accused of stealing $69,000 worth of aluminum

    Man accused of stealing $69,000 worth of aluminum

    Saturday, July 21 2018 5:18 PM EDT2018-07-21 21:18:36 GMT
    Saturday, July 21 2018 5:47 PM EDT2018-07-21 21:47:47 GMT
    Martin W. Culver (Source: Hayti Police Department)Martin W. Culver (Source: Hayti Police Department)

    A Pemiscot County, Missouri man faces trouble with the law after his arrest on suspicion of stealing $69,000 worth of aluminum from an area business. 

    A Pemiscot County, Missouri man faces trouble with the law after his arrest on suspicion of stealing $69,000 worth of aluminum from an area business. 

  • Poker run to help fire department

    Poker run to help fire department

    Saturday, July 21 2018 12:41 PM EDT2018-07-21 16:41:05 GMT
    Saturday, July 21 2018 4:17 PM EDT2018-07-21 20:17:29 GMT
    Delaplaine Volunteer Fire Department (Source: Delaplaine Volunteer Fire Department Facebook page)Delaplaine Volunteer Fire Department (Source: Delaplaine Volunteer Fire Department Facebook page)
    Delaplaine Volunteer Fire Department (Source: Delaplaine Volunteer Fire Department Facebook page)Delaplaine Volunteer Fire Department (Source: Delaplaine Volunteer Fire Department Facebook page)

    An event will seek to help an area fire department replace outdated equipment as well as providing a scholarship for a future firefighter in the community, an event organizer said. 

    An event will seek to help an area fire department replace outdated equipment as well as providing a scholarship for a future firefighter in the community, an event organizer said. 

  • Officials release Branson boat tragedy victims' names

    Officials release Branson boat tragedy victims' names

    Saturday, July 21 2018 12:17 PM EDT2018-07-21 16:17:14 GMT
    Gov. Parson and emergency response officials will gave a news briefing on the Table Rock Lake recovery efforts. (Source: KFVS)Gov. Parson and emergency response officials will gave a news briefing on the Table Rock Lake recovery efforts. (Source: KFVS)

    The four missing bodies were found on Friday morning, July 20, bringing the total death toll to 17 after a duck boat capsized on Table Rock Lake.

    The four missing bodies were found on Friday morning, July 20, bringing the total death toll to 17 after a duck boat capsized on Table Rock Lake.

Powered by Frankly