A professor of accounting will be speaking on Thursday at Sierra Hall between 4 and 5 p.m. in order to explain the CSU budget and financial problems in the CSU system.

Dr. Howard Bunsis is a professor of accounting at Eastern Michigan University. According to Amy Denissen, associate professor coordinator of sociology who is helping set the event, Bunsis has conducted numerous independent financial analyses for college campuses all over the country.

“Bunsis was asked to come and speak by the CFA (California Faculty Association),” Denissen said.

According to Bunsis, there will be a lot to expect from the event including a revelation to as to what the CSU financial situation really is. When asked what to expect from Thursday’s lecture, Bunsis responded that students and faculty should expect the truth behind where the CSU money goes to. Bunsis discovered that the financial situation is only severe because of administration’s spending.

“Contrary to what the CSU has made us believe, the CSU financial condition is actually strong,” he said. “All of the assumptions that the CSU financial system is broke are completely false.Most of the money goes to the priorities of the Chancellor’s office. There should be fewer resources for the administration. I will be proving this Thursday.”