Archived post

This is an archived post. Please click here to see the latest entries.

« A Day to Say Thank You | Home | College Stonewalls on Investment Fees Paid to Trustees; NH AG Caves »

Financial Reporting: Ever Slower

Dartmouth’s fiscal year runs from July 1 - June 30, so the Controller has now had well over four months to pull things together and publish the financial statements for the 2011-2012 fiscal year. Below are the various dates of publication for the accounts over the past decade. It seems that despite computerized accounting and other modern efficiencies, it takes the College longer and longer each year to release its results.

Financials.jpg2002: September 12
2003: undated (with no auditor’s letter)
2004: September 15
2005: September 16
2006: October 11
2007: October 30
2008: October 27
2009: October 23
2010: November 5
2011: November 7

One would almost think that the Trustees are shooting for mid-November this year to release the financials, after The D stops publishing for the Xmas break. In that way, the College’s accounts will escape the immediate scrutiny of the Dartmouth community. Nah, they wouldn’t really do that, would they?

Lest the administration seek to justify its sloppy tardiness with the proposition that producing accounts is increasingly complicated, keep in mind that the College is in the same regulatory environment as our Ivy sister schools. Though we have the smallest Ivy budget after Brown (whose financials came out on October 29), and we are the least complicated Ivy from a financial standpoint (fewest students), last year Dartmouth released its audited financials later than any other Ivy League school except for Princeton. Perhaps this year we are trying to be the worst of the best.

Featured posts

  • October 18, 2009
    When Love Beckoned in 52nd Street
    We were at San Francisco’s BIX last evening, enjoying prosecco, cheese, and a bit of music. A full year of inhabitation in Northern California has unraveled to me no decent venue for proper lounging, but…
  • October 9, 2009
    D Afraid of a Little Competish
    So our colleague and Dartblog writer Joe Asch informed me that the D has rejected our cunning advertising campaign. Uh-oh. The Dartmouth is widely known as a breeding ground for instant New York Times successes,…
  • September 4, 2009
    How Regents Should Reign
    As Dartmouth alumni proceed through the legal hoops necessary to defuse a Board-packing plan—which put in unhappy desuetude an historic 1891 Agreement between alumni and the College guaranteeing a half-democratically-elected Board of Trustees—it strikes one…
  • August 29, 2009
    Election Reform Study Committee
    If you are an alum of the College on the Hill, you may have received a number of e-mails of late beseeching your input for a new arm of the College’s Alumni Control Apparatus called…
  • August 23, 2009
    Fare Thee Well, Tom Crady
    And now Dean Tom Crady has precipitously announced his departure from the College after only 20 months on the job. How to read this? By way of background, prior to coming to Dartmouth, Crady had…
  • May 31, 2009
    Kangaroo Court, Indeed
    In an interview with The Dartmouth, alumni-elected trustee T.J. Rodgers ‘70 explained his reasons for declining to participate in future evaluations of trustees up for “re-election,” namely the “kangaroo court” nature of such discussion in…

Dartblog Specials

Subscribe by Email

Enter your email address:

Help, Pecuniarily

Please note

This website reflects the personal opinions of its authors. Any e-mails received may be published along with the full name of the sender. If you wish otherwise, please say so.

All content appearing at should be presumed copyright 2004-2014 its respective bylined author unless otherwise noted or unless linked to original source.




November 2012
Sun Mon Tue Wed Thu Fri Sat
1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30