Financial Statements
Audited Year-end statements
Each year the Office of the Chancellor Financial Reporting section prepares consolidated systemwide and Revenue Fund financial statements. In addition, twelve individual institutions prepare financial statements.
- Audited Financial Statements
for the years ended June 30th 2011 and 2010. - Audited Financial Statement Archive
for prior fiscal years.
Federal Single Audit Report
Financial and Compliance Reports on Federally Assisted Programs compiled on a yearly basis by Minnesota Management and Budget.
- 2011 Single Audit Report
for the year ended June 30th 2011. - 2010 Single Audit Report
for the year ended June 30th 2010. - 2009 Single Audit Report
for the year ended June 30th 2009. - 2008 Single Audit Report
for the year ended June 30th 2008.
Interim statements
Interim financial statements are completed on a quarterly basis by each system institution.
Based on the review of the interim statements, institutions have the ability to complete a trend analysis worksheet and determine the causes of any significant changes in their financial situation.
Auxiliary Financial Statements
Auxiliary financial statements and multi-year plans should be completed for certain material enterprise funds per System Procedure 7.3.2, Auxiliary Operations.
The instructions below provide one way colleges and universities can create their auxiliary accrual basis financial statements. See also System Guideline 7.3.2.1 Auxiliary Fund Accrual Financial Statements and Multi-year Financial Planning.
Other Financial Measurements
- Trends and Highlights Guidelines
Trends and Highlights guidelines for the 2010 Fiscal Year. - 2011 2009 Composite Financial Index Strengths
If you have questions or comments please email us (accounting@so.mnscu.edu) or refer to the staff directory for additional contact information.
