Southeastern Louisiana University - Financial and Physical Resources 3.10.2

Compliance Audit Report Index

The institution provides financial statements and related documents, including multiple measures for determining financial health as requested by the Commission, which accurately and appropriately represent the total operation of the institution.

Southeastern is in compliance with Financial and Physical Resources Comprehensive Standard 3.10.2.

Southeastern Louisiana University provides financial statements and related documents as requested by the University of Louisiana System, outlined in the System's Board Rules (Chapter IV, Sections I, II, III, and XII) and Policy and Procedures Memoranda FB-IV.(1-a). These documents accurately and appropriately represent the total operation of the University, and are prepared in accordance with guidelines set forth by the Governmental Accounting Standards Board (GASB), the National Association of College and University Business Officers (NACUBO), and the American Institute of Certified Public Accountants (AICPA).

Financial statements are submitted annually and audited by the Legislative Auditor of the State of Louisiana. Accuracy of information is verified through this external audit process. The Legislative Auditor issues a Management Letter assuring the financial information of the University and expressing an opinion on the University of Louisiana System's Financial Statements as a whole. Available for review are

In addition to the audited financial statements, the University prepares Annual Financial Statements (2001, 2002, 2003) for the University of Louisiana System. These reports contain a variety of financial data and schedules, which are explained in greater detail in the “Notes to the Financial Statements.”

In addition, the University of Louisiana System requires institutions to provide Quarterly Financial Status Reports on Operating Revenue and Expenditures, as well as other selected major funding sources. This report also requires certification of on-going assurances to the Board.

Document	Location
University of Louisiana System Board Rules, Part II, Chapter IV. Sections I, II, III, and XII	http://www.uls.state.la.us/site100-01/1001055/docs/ chapter_4_9_5_03.pdf Local Copy: http://www2.selu.edu/sacs/documents/chapter_4_9_5_03.pdf
University of Louisiana System Policy and Procedures Memoranda FB-IV.(1-a)	http://www.uls.state.la.us/site100-01/1001055/docs/ppm_internal_audit_charter_revision_8_03.pdf Local Copy: http://www2.selu.edu/sacs/documents/ppm_internal_audit_ charter_revision_8_03.pdf
State of Louisiana Single Audit, 2003	http://www.lla.state.la.us/fc/singaud.pdf Local Copy: http://www2.selu.edu/sacs/documents/singaud.pdf
University of Louisiana System Basic Financial Statements and Independent Auditor's Report, 2003	http://www.lla.state.la.us/fc/uls03.pdf Local Copy: http://www2.selu.edu/sacs/documents/uls03.pdf
University of Louisiana System Basic Financial Statements and Independent Auditor's Report, 2002	http://www.lla.state.la.us/fc/uls02.pdf Local Copy: http://www2.selu.edu/sacs/documents/uls02.pdf
State of Louisiana Comprehensive Annual Financial Reports, 1994 - 2002	http://www.state.la.us/osrap/cafr-2.htm Local Copy: http://www2.selu.edu/sacs/documents/cafr-2.htm
Southeastern Louisiana University Management Letter, 2003	http://www.lla.state.la.us/fc/slu03.pdf Local Copy: http://www2.selu.edu/sacs/documents/slu03.pdf
Southeastern Louisiana University Management Letter, 2002	http://www.lla.state.la.us/fc/slu02.pdf Local Copy: http://www2.selu.edu/sacs/documents/slu02.pdf
Southeastern Louisiana University Audit, 2000- 2001	http://www.lla.state.la.us/fc/slu01.pdf Local Copy: http://www2.selu.edu/sacs/documents/slu01.pdf
Southeastern's Annual Financial Statement – Year ended June 30, 2001	http://www2.selu.edu/documents/docs/financial_statement_2001.pdf
Southeastern's Annual Financial Statement – Year ended June 30, 2002	http://www2.selu.edu/documents/docs/financial_statement_2002.pdf
Southeastern's Annual Financial Statement – Year ended June 30, 2003	http://www2.selu.edu/documents/docs/financial_statement_2003.pdf
Quarterly Financial Status Reports on Operating Revenue and Expenditures	http://www2.selu.edu/sacs/documents/quarterly_report.pdf

Compliance Audit Report Index

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