New ways of reporting financial information established by the University of Arkansas System should help keep administrators from allowing deficits to grow unchecked, said UA-Fayetteville's newly named interim chief financial officer. "So much of it is identifying it as early as possible," said Timothy O'Donnell, who takes over as interim vice chancellor for finance and administration on July 1.
http://www.nwaonline.com/news/2014/jun/06/new-system-to-help-ua-spot-deficits-201/