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University Of Arkansas Finances Face More Scrutiny

University of Arkansas Fayetteville
Alfred Carrillo
The Old Main building is the oldest structure on the University of Arkansas campus in Fayetteville.

University of Arkansas-Fayetteville officials are expected to testify before a legislative committee this week to answer additional questions about the university's fundraising practices.

Late last year, the Joint Legislative Auditing Committee reviewed state audit findings that showed a multimillion-dollar shortfall in the Division of University Advancement. 

According to reports, poor fiscal oversight and a failure to follow school policies and procedures in UA’s Advancement Division led to a deficit of over $4 million in fiscal years 2011 and 2012 for the university and its foundation. Another legislative hearing is expected Tuesday.

Malcolm Glover was a news anchor/ reporter for KUAR News from 2007- 2014.