Audit Finds Accounting Issues at North Dakota College

State Auditor Josh Gallion. (Mary Steurer/North Dakota Monitor)

(North Dakota Monitor) – The North Dakota State Auditor’s office has found problems with the bookkeeping at one of the state’s two-year colleges.

Dakota College at Bottineau failed to reconcile monthly bank transactions with the school’s financial ledger, according to the State Auditor’s Office that looked at four months of receipts as part of a biennial audit.

The office concluded that for those four months between July 2022 to June 2024, the college had conducted transactions and held banking balances that lacked proper documentation, according to the auditor’s office.

The amount of unreconciled transactions ranged between about $75,000 to nearly $363,000 for each of those four months and led to a difference of hundreds of thousands of dollars between the college’s financial records and its bank balances, the report showed.