17/04/2026
The College Student Council – School of Hospitality and Tourism Management (CSC-SHTM) announces that it has received an “Unqualified Opinion” rating for the First Semester of Academic Year 2025–2026, following a comprehensive financial audit conducted by the HAU Student Government – Commission on Financial Audit (CFA).
The audit was led by the Councilor for Finance, Raphael Jaime, in coordination with the entire CSC-SHTM, with the guidance and review of the council’s advisers . This reflects the council’s collective commitment to maintaining accurate, transparent, and accountable financial practices throughout the semester.
An “Unqualified Opinion” represents the highest level of assurance in auditing, indicating that the organization’s financial statements present a true and fair view of its financial position. The Commission on Financial Audit confirmed that the CSC-SHTM’s Statement of Cash Receipts and Disbursements for the First Semester complies with the established policies, guidelines, and accounting principles governing the proper management of organizational funds.
The results of the audit highlight the council’s consistent adherence to transparency, proper documentation, and responsible financial stewardship—ensuring that all funds are managed in accordance with institutional standards.
In conclusion, the CSC-SHTM remains committed to promoting transparency, accountability, and consistency in all its financial operations. The council will continue to uphold these standards in serving the student body with integrity and responsibility.