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COO says audit has strengthened financial controls

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By Kyeland Jackson —

Chief Operating Officer Harlan Sands told a trustees committee the university is making progress in strengthening internal controls to limit theft and misuse of funds. The board of trustees audit committee also is looking at keeping health information more secure.

“There’s substantial improvement,” Sands said He was appointed chief financial officer in response to audit recommendations filed July 2014. Nicknamed the Strothman report, the audit revealed systematic mishandling of money and scholarship funds by U of L employees.