East Central College has received a clean audit report during its recent independent financial statement audit conducted by the certified public accounting firm KPM of Springfield, Mo.
The 2017-2018 fiscal year results were presented at the December 3 Board of Trustees meeting. According to the report, East Central College’s financial statement disclosures were “neutral, consistent and clear.” KPM also commended the college for its cooperation with the audit.
ECC board policy dictates that college financial records be audited annually by a certified public accountant licensed to practice public accounting in the State of Missouri and with documented experience in federal and state funds auditing. A copy of the audit is sent to the Department of Higher Education, the Department of Elementary and Secondary Education, the U.S. Department of Education and other regulatory agencies as required.