The University of California, Los Angeles dismissed its chief financial officer days after he publicly accused administrators of long-standing financial errors and cited a $425 million campus deficit. Stephen Agostini, who joined UCLA in 2024, told the student newspaper he had found "serious errors" in unaudited campus reports and said many academic units were running deficits—remarks the university moved swiftly to respond to by terminating his appointment. Chancellor Julio Frenk announced the firing effective immediately; UCLA has not released a detailed rebuttal to Agostini’s claims. The episode raises governance questions about financial transparency at major public research campuses and may prompt board oversight, internal audits, and external scrutiny of campus accounting practices.