West Virginia Universitys accounting department is being honored by the state for its timely submittal of financial information.
The Financial Accounting and Reporting Section (FARS) of the state Department of Administration recently recognized WVU Accounting&Reporting with a certificate for being not only the first public higher education institution in West Virginia to submit its fiscal 2004 year-end financial information, but the first among all state agencies. The certificate notes WVU s outstanding performance and lasting contribution.
At its recent meeting in Charleston, WVU s Board of Governors noted the award.
Parry Petroplus, chair of the boards business affairs committee, cited the accomplishment asanother indicator of the quality work occurring at the flagship.
In addition, it was also noted that WVU received a clean audit opinion and that the University had no weaknesses cited by its independent auditors in its systems and reporting.
The financial reporting and audit process involves a lot of information and is very time-consuming,said Anjali Halabe, assistant director of accounting and reporting at WVU .Were also providing financial information for each of our regional campuses and the WVU Research Corp. as well. This is quite an achievement. We’re honored the state is recognizing our efforts.
Along with Halabe, other members of the WVU accounting leadership team include Kathy Day, manager of accounting and reporting, and Dan Stalnaker, manager of capital assets and debt accounting.
This award speaks to the very talented and qualified staff working in WVU accounting,Halabe said.
This is the first year WVU has won the award, she noted.
This honor is yet another confirmation of the good financial management occurring at WVU ,said Gary Rogers, WVU vice president of administration, finance and human resources.We are fortunate to have such a professional staff at WVU and an outstanding Board of Governors.