{"id":29332,"date":"2021-01-15T08:00:58","date_gmt":"2021-01-15T14:00:58","guid":{"rendered":"http:\/\/www.discoverclarksville.com\/articles\/?p=29332"},"modified":"2021-01-15T01:53:54","modified_gmt":"2021-01-15T07:53:54","slug":"apsu-receives-clean-state-financial-audit","status":"publish","type":"post","link":"https:\/\/www.discoverclarksville.com\/articles\/2021\/01\/15\/apsu-receives-clean-state-financial-audit\/","title":{"rendered":"APSU receives clean State Financial Audit"},"content":{"rendered":"

\"AustinClarksville, TN<\/strong> – Earlier this week, Tennessee released an audit report of Austin Peay State University (APSU), examining the school\u2019s financial and management practices during the 2019-20 fiscal year.<\/p>\n

\"Austin<\/a>

Austin Peay State University campus. (APSU)<\/p><\/div>\n

<\/p>\n

The report would identify any failures or shortcomings on the University\u2019s part during those 12 months, prompting Mitch Robinson, APSU vice president of finance and administration, to slowly read through the long document.<\/p>\n

He didn\u2019t have to scroll far to find, for him, the most interesting part of the audit. On the first page of the report, he read the six words that rarely appear in an official state audit \u2013 \u201cThis audit report contains no findings.\u201d<\/p>\n

\u201cIt was a clean financial audit report with zero findings and zero management discussion items,\u201d he said. \u201cThis is a very rare occurrence coming from the (state) comptroller\u2019s office, but this didn\u2019t happen by accident. It happened through the tremendous hard work by our finance and financial aid staffs. They deserve all of the credit and recognition. Simply outstanding.\u201d<\/p>\n

What makes the achievement even more outstanding is that the audit examined one of the most difficult periods in Austin Peay State University\u2019s history. In early March 2020, the COVID-19 Coronavirus pandemic caused Austin Peay State University to pivot to remote learning.<\/p>\n

That move created several challenges for the APSU\u2019s Division of Finance and Administration, which still found a way to offer partial housing refunds to qualifying students and award scholarships to all summer school students.<\/p>\n

According to the report, \u201cwhile the university\u2019s top priority remains the health and well-being of (Austin Peay\u2019s) campus and extended communities, the following financial strategies have been enacted to safeguard the university\u2019s financial viability during this period of fiscal uncertainty:<\/p>\n