‘Red flags’ in higher education finances

“The US tax authorities, the Internal Revenue Service (IRS), recently conducted a survey of higher education institutions in order to ascertain how well their finances are being managed. The conclusion was, on the whole, positive, and the IRS found that the institutions were prudent and responsible with the resources at their disposal. But the report does identify some ‘red flags’: chiefly these were concerned with the remuneration of management officials and some top academics …” (more)

[Ferdinand von Prondzynski, University Blog, 30 December]

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