Education
President Smith on Audits
Back in March, the University of The Bahamas’ Board said the institution was not up to date with audited financial statements.
NASSAU, BAHAMAS – Back in March, the University of The Bahamas’ Board of Trustees Chair said the institution was not up to date with audited financial statements as required by law, suggesting it has been an impediment to the institution’s fundraising capacity.
By October this year, the University of The Bahamas’ audits will be brought up to date, according to outgoing UB President Dr. Rodney Smith.
He explained what some of the audit challenges were when he came into office.
Updated audits are directly connected to accreditation and fundraising for the university.
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