Forward to Accrediting Commission--In a letter of response, the Executive Director indicated that the Commission agrees with the requirement of financial disclosure. He indicated it is also a legal requirement for public institutions. All institutions are required to open the books to accreditation self study and peer review. The Commission also requires an annual audit. Despite the aforementioned response, the Commission did not accept the Senate's recommendation and the new standards remain void of such language.
Whereas existing accreditation standards indicated an accredited institution is one which provides for the availability and public disclosure of financial information, and
Whereas the proposed accreditation standards are void of the aforementioned standard, and
Whereas an institution of higher learning that enjoys the status of being accredited and all the rights and privileges thereof should not hesitate to make its financial information available for public scrutiny,
Resolved that the Academic Senate for California Community Colleges urge the Accrediting Commission for Community and Junior Colleges to maintain the accreditation standard indicating that the institution is expected to provide for the availability and public disclosure of financial information.
M/S/U Disposition: Accrediting Commission, Executive Committee