Comprehensive Standard 3.10.2
The institution provides financial statements and related documents, including multiple measures for determining financial health as requested by the Commission that accurately represents the total operations of the institution. (Submission of financial statements)
aCompliance ___Partial Compliance ___Non-Compliance
Narrative:
Lawson State Community College provides annual financial audits as a measure of determining financial health. These reports are prepared in accordance with generally accepted accounting principles of the Governmental Accounting Standards Board (GASB), the National Association of College and University Business Officers (NACUBO), and standards of the American Institute of Certified Public Accountants (AIPCA).
The financial statements and related documents are audited by the State of Alabama Examiners of Public Accounts on an annual basis. Lawson State provides financial profile information on an annual basis as requested by the Commission on Colleges.
Documentation:
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Documentation |
Location |
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SACS Institutional Profiles |
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2003/2004 Audited Financial Statement |
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2004/2005 Audited Financial Statement |
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2005/2006 Audited Financial Statement |
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2006/2007 Audited Financial Statement |
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2007/2008 Audited Financial Statement |