UCLA’s chief financial officer, Stephen Agostini, was dismissed effective immediately after publicly alleging years of financial mismanagement at the campus. Agostini told the Daily Bruin that unaudited campus financial reports posted since 2002 were incorrect and that errors had contributed to an anticipated $425 million deficit; Chancellor Julio Frenk announced the termination. The firing came days after the interview and follows Agostini’s claim that spending—particularly on salaries and athletics—outpaced revenue, with UCLA reporting a recent $563 million deficit in system filings. The departure puts campus transparency and internal controls under scrutiny at one of the nation’s largest public universities; audited financial statements are available only at the UC-system level, not for component campuses. Campus leaders, finance teams and trustees will face pressure to explain the source of the accounting disagreements, the scope of any corrections, and what interim controls will be put in place while the university recruits or appoints a new finance chief.