OSU, Internal Audit

Regent says employee tip led to internal OSU audit that showed alleged misspending
An OSU/A&M regent says an internal audit that apparently led to former President Kayse Shrum's resignation started with a whistleblower's tip.
OSU discontinues funding of foundation whose audit led to Shrum resignation
In an email to faculty and staff, Interim President Jim Hess said funding has been "discontinued" for "The Innovation Foundation at OSU and the shared services and facilities positions within it. This decision was necessary as the financial structure of The Innovation Foundation is simply not sustainable."
TIMELINE: What led to the OSU audit?
The recently released audit from the Office of Internal Audit at the Oklahoma Agricultural and Mechanical Colleges Board of Regents has revealed significant financial mismanagement of state-appropriated funds at Oklahoma State University.
Regent Callahan says audit into OSU spending was prompted by employee complaints
The Oklahoma State University audit that revealed $41 million in misappropriated state funding was urged by confidential complaints from university employees, regent Jennifer Callahan said. The funds were provided by the Oklahoma Legislature to the Oklahoma State University Medical Authority for educational and research activities at OSU,
OSU regent stands by audit she sought that led to president's resignation
Jennifer Callahan, an Oklahoma City attorney with a background in nonprofit and corporate governance, said she did not like the way the Innovation Foundation operated.
OSU audit shows alleged misspending
Plus: Gov. Stitt speaks at Oklahoma Charter Schools Conference; Oklahoma artist's story at SXSW
Internal audit finds 'significant issues' in how OSU spent appropriated money
An internal audit at Oklahoma State University found "significant issues" with how certain legislatively appropriated money ...
News 94d
'I could not have anticipated that I would be serving under these circumstances': Board of Regents member Addresses OSU audit
In response to an open records request, Oklahoma State University released an audit report on March 5th that showed ...
Kayse Shrum disputes OSU audit conclusions, says no laws broken or money missing
She resigned as Oklahoma State University president amid an investigation into the alleged mishandling of $41 million in ...
News On 619h
OSU cuts funding to Innovation Foundation in response to audit results
Oklahoma State University will cease funding for its Innovation Foundation after an audit revealed $41 million in misappropriated funds, with $11.5 million transferred without proper contracts.
News 95d
Former OSU President Kayse Shrum Responds To Audit; Says Legal Counsel Was Followed
Former OSU President Kayse Shrum addresses audit findings, asserts no funds missing, and claims all actions followed legal ...
KOSU4d
OSU Regents address $41M audit fallout, approve key spending measures
Oklahoma State University leaders are attempting to move forward after an audit revealed $41 million in state-appropriated ...
In wake of scathing audit, Oklahoma State University hires a new chief financial officer
Oklahoma State University has hired Chris Kuwitzky as new chief financial and administrative officer for the OSU system.