UNCW earns clean audit from State Auditor’s Office

WILMINGTON, NC (WWAY) — The State Auditor’s Office is giving a good report for UNCW.

The report says the university’s financial statements for the fiscal year that ended in June are accurate and reliable. 

The audit found no material weaknesses in internal controls or instances of reportable noncompliance. 

UNCW reported revenues of $610 million and expenses of $516 million. 

State auditor Dave Boliek said in the transmittal letter, “Having a clean audit shows UNC Wilmington is committed to responsible financial management. It also builds trust and support between the public, the General Assembly, and the University.”