WHEREAS, pursuant to S.C. Code Ann. §59–125–1, et. seq., the Board of Trustees of Winthrop University is created and established as a body corporate for the purpose of effectuating the educational mission of Winthrop University; and
WHEREAS, the Board of Trustees is responsible for ensuring the University’s fiscal integrity through oversight of financial resources and assets and, as such, examines internal and external reports, including audits, on the financial performance of Winthrop University; and
WHEREAS, as part of the approved FY2026 Internal Audit Program, an audit of the Winthrop’s Accounts Payable processes was performed by Winthrop University’s Internal Auditor; and
WHEREAS, The audit examined financial data and transactions for the 2025 fiscal year; and
WHEREAS, the Accounts Payable Department has provided appropriate responses to the general findings and recommendations;
THEREFORE BE IT RESOLVED, upon the basis of the above and at the request of Winthrop University President Edward A. Serna, the Board of Trustees approves the required Purchasing Card Audit Report.
NOW, THEREFORE, BE IT RESOLVED that the Secretary to the Board of Trustees shall certify that the Winthrop University Board of Trustees approved this resolution on the 30th day of October, 2025, in a regularly scheduled meeting. Such resolution shall be maintained and publicly posted by the Acting Secretary of the Board in a time and manner as required by law.
