HI HR34

Requests the Legislative Auditor to conduct a financial and management audit of the University of Hawaii System to address issues and concerns raised by the Senate Special Committee on Accountability.

Directs the audit to evaluate the oversight and transparency of the University's fiscal and operational administration, including the role of the Board of Regents.

Requires examination of procurement exemptions used for legal, consulting, and public relations service contracts, and guidelines for procuring outside services through the University or the Research Corporation of the University of Hawaii.

Mandates evaluation of enterprise risk management, including fraud, waste, and abuse within the University system.

Requires the Legislative Auditor to submit findings, recommendations, and any proposed legislation to the Legislature no later than twenty days before the Regular Session of 2014.