The Office of the State Auditor (OSA) introduced the State Auditor’s Award of Excellence, and UNC Greensboro is one of 15 institutions to be recognized for its financial statement audit for the 2024 fiscal year.
All state agencies, universities, community colleges, and other public entities are eligible to receive this award if they meet the highest standard of fiscal accountability.
“This award reflects the Controller’s Office’s commitment to accuracy, transparency, and fiscal stewardship,” says UNCG Controller Ghazala Bibi. “Achieving this level of audit excellence requires diligence, technical expertise, and year-round collaboration. I am incredibly proud of our team for upholding the highest standards of financial reporting and compliance on behalf of UNCG.”
OSA focused on three criteria: timely submission of the entity’s unaudited financial statement package, no record of any significant audit adjustments upon completion of the OSA’s financial statement, and no record of any audit findings (significant deficiencies, material weaknesses, or other findings required by auditing standards).
UNCG thanks all the staff within the Controller’s Office for their hard work to earn this achievement.
For the 2024 fiscal year, OSA recognized 27 institutions or agencies overall for financial statement audits or single audits.