The UC system has agreed to hire PricewaterhouseCoopers to conduct a financial review at UCSF, after a U.S. senator raised concerns about allegations of money mismanagement and university officials making misleading statements to state leaders.
UCSF conducted two internal reviews, both of which found no financial irregularities. The university then hired private accounting firm KPMG to confirm the internal findings. KPMG’s report stated it was not able to replicate the methodology used by the internal analysts for their reviews.
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