Applicable Fiscal Year: 2022
Report Category: Internal Control and Compliance
Secretariat: Education
Organization: Virginia State University
We have audited the basic financial statements of Virginia State University (University) as of and for the year ended June 30, 2022, and issued our report thereon, dated September 14, 2023. Our report, included in the University’s Annual Report, is available at the Auditor of Public Accounts’ website at www.apa.virginia.gov and at the University’s website at www.vsu.edu. Our audit of the University for the year ended June 30, 2022, found:
• the financial statements are presented fairly, in all material respects;
• internal control findings requiring management’s attention; however, we do not consider them to be material weaknesses; and
• instances of noncompliance or other matters required to be reported under Government Auditing Standards.
The University has taken adequate corrective action with respect to 11 audit findings reported in the prior year that are not repeated in this report. Furthermore, the University is taking corrective action with respect to the findings included in the section titled “Status of Prior Year Findings and Recommendations.”