UNT working to put financial issues behind them

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To identify these mistakes, UNT financial staff has worked with consultants from Deloitte and Touche since June to review almost all income and expenses on the campuses and at the system level. While the process was supposed to be done by the end of August, it was completed this month.

Completing the restatement means the university and system are one step closer to understanding their finances and reforming their accounting

practices, Chancellor Lee Jackson said.

My message is were taking all possible steps to restore public confidence in our financial records and reports, Jackson told the Board of Regents. Im confident that were creating a system of high integrity as you expect us to have, and were committed to that.

Read more: http://www.dentonrc.com/local-news/local-news-headlines/20141016-officials-report-financial-balance.ece