Northern Marianas College Secures 19th Consecutive Clean Audit

A Milestone in Financial Accountability

Northern Marianas College (NMC) has reached a significant institutional milestone, successfully completing its 19th consecutive clean audit for the fiscal year 2025. This achievement underscores the college's long-standing dedication to rigorous financial management, transparency, and adherence to federal and local accounting standards.

Maintaining Low-Risk Status

By securing another clean audit, NMC has successfully maintained its low-risk auditee status. This designation is critical for the institution, as it reflects a consistent history of accurate financial reporting and effective internal controls. The status is highly regarded in the academic and public sectors, as it simplifies the process for managing federal grants and other funding sources.

Commitment to Institutional Excellence

The consistent performance of the college's financial department is viewed by leadership as a reflection of the institution's broader mission. Key aspects of this financial stewardship include:

• Strict compliance with Generally Accepted Accounting Principles (GAAP)
• Transparent oversight of institutional funds
• Effective management of federal and local resources

College officials have noted that this streak of clean audits is a testament to the hard work of the finance team and the administration's commitment to maintaining public trust.

Looking Ahead

As Northern Marianas College continues to provide higher education opportunities across the Northern Mariana Islands, this financial stability serves as a foundation for future growth. The ability to consistently pass independent audits ensures that the college remains a reliable steward of the resources entrusted to it by the community and its stakeholders.