INSTITUTIONAL RESEARCH

Actuarial Science - Assessment Results
Alumni Survey Results
Assessment of Program - Wide Student Learning Outcomes in the Department of Engineering
Assessments & Measures - Strategic Plan
Compliance With Established Standards
Course Based Assessment Contract Provision Appendix K
Employer Surveys
Financial Audits and Other Third-Party Examinations
Job Placement Rates
National Survey of Student Engagement (NSSE)
NCLEX-RN Results - Nursing
Noel-Levitz Student Satisfaction Inventory (SSI)
Nuclear Medicine - Certification Examination Results
PRAXIS - Teacher Certification Results
Student Retention & Graduation Rates
U-CAN
University Accreditations
US News College Ranking

For More Information, Contact:

David R. Majka, Ed.D.
Vice Provost for Strategic Planning and Quality Assurance

majka@rmu.edu
412-397-5443 phone
412-397-6847 fax
Patrick Henry 311
Moon Campus

FACULTY/STAFF > DEPARTMENTS & OFFICES > INSTITUTIONAL RESEARCH > FINANCIAL AUDITS AND OTHER THIRD-PARTY EXAMINATIONS
Financial Audits and Other Third-Party Examinations

RMU's financial statements and internal financial controls are audited each year by its independent auditors, who are currently Deloitte & Touche LLP. The latter provided an unqualified opinion regarding the University's financial statements for the years ended May 31, 2013 and 2012. The independent auditors are also required to notify management by letter if they believe that there are deficiencies in internal financial controls or other areas involving material risk to the University. The auditors did not notify the University of any such deficiencies in the last two fiscal years.

Various aspects of RMU's operations are also examined by other third parties and regulatory agencies. For example, RMU's long-term debt carries an investment-grade rating (Baa3) from Moody's Investor Services. The University provides financial and other operating data to Moody's each year and meets with them periodically to update them on significant developments.

RMU's clean audit and investment-grade bond rating are generally indicative of a sound financial condition. Additionally, both the auditors and Moody's provide useful suggestions for improvement, best practices and comparison data that RMU can use for institutional improvement.