North Carolina Central University (NCCU) acknowledges the findings of a recent financial audit and is fully committed to ensuring transparency, accountability and effective resource management moving forward.
The scope of the audit pertains to a time prior to the current administration. While the identified issues are concerning, current leadership is taking decisive action to address them.
Under Chancellor Karrie G. Dixon’s leadership, NCCU is making significant strides to resolve the audit’s concerns. Dixon has a proven track record of strengthening internal controls and improving financial oversight, having achieved clean audits every year at her previous institution. This experience has been instrumental in hiring new leadership and implementing stronger financial practices at NCCU.
Since Chancellor Dixon’s appointment, NCCU has taken immediate and proactive steps to bring in new leadership within the Division of Administration and Finance. The team, with decades of combined experience, is committed to the highest standards of financial stewardship. Key appointments include a new chief financial officer and a new controller; ongoing recruiting efforts include new leadership in other key areas in the Division of Administration and Finance to support the new direction.
The leadership team is working closely with the University of North Carolina System office and other stakeholders to implement strong financial controls across campus. Their experience will be crucial in restoring confidence in the university’s financial management.
Chancellor Dixon and the NCCU leadership team are committed to fostering a culture of integrity and accountability, ensuring the university continues to thrive as a respected institution of higher learning.