Council received the report of the External Auditors on the Domestic Report and the Audited Financial Statements for the year ended 30th June, 2009.
Council was informed that plans were already at an advanced stage to align the University’s financial year with the Federal Government’s which begins in January and ends in December instead of the present July-June.
Council noted with satisfaction, the improvement in accumulated fund and the shrewd and efficient management of University resources over the period under review and advised Management to keep up the good work.
Council considered and accepted the External Auditor’s Domestic Report and Audited Financial Statements for the year ended 30th June, 2009.
