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NC Central University Cited For Financial Issues

State auditors have cited North Carolina Central University for
"significant deficiencies" in the university's handling of its finances.

The Herald-Sun of Durham reports Saturday that auditors found overpayments to employees of more than $13,000 and underpayments of $6,200.

Auditors also found the university mismanaged students' accounts, a mistake that allowed ineligible students to live on campus and register for classes.

Auditors said the mistakes occurred while N.C. Central was experiencing turnover in its payroll division and had hired temporary employees in that department.

In a statement, the school said it was working to resolve any issues identified by auditors, including hiring an accountant to supervise payroll.


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