11-29-2023, 10:47 AM
The Transnational Assocation of Christian Colleges and Schools (TRACS), its national institutional accreditor, recently changed Virginia University of Lynchburg's status from "Accredited" to "Accredited – Warning."
TRACS states that the reason for the change concerns financial reporting. TRACS requires VUL to submit its 2022 audit, an engagement letter and estimated time of completion for its 2023 audit, and a report detailing how it will adjust its auditing procedures to deliver timely audited financial statements to TRACS no later than November 30 each year.
VUL is a brick-and-mortar HBCU dating to 1866, and also well known here for its affordable online Doctor of Healthcare Administration.
TRACS states that the reason for the change concerns financial reporting. TRACS requires VUL to submit its 2022 audit, an engagement letter and estimated time of completion for its 2023 audit, and a report detailing how it will adjust its auditing procedures to deliver timely audited financial statements to TRACS no later than November 30 each year.
VUL is a brick-and-mortar HBCU dating to 1866, and also well known here for its affordable online Doctor of Healthcare Administration.


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