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            "text": "Call to Order",
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            "text": "Regular Meeting of the\nBoard of Regents\nAudit Committee\nJuly 24, 2014\n12:00 Noon to 12:30 pm\nBoard Room – Academic Services Building\nFrankfort, Kentucky\nMINUTES",
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            "text": "Regent Barfield, called the meeting of the Kentucky State University Board of Regents Audit Committee to order at 12:02 p.m. on July 25, 2014. Meeting was held in the Board Room – Academic Services Building."
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            "text": "Roll Call",
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            "text": "Mindy Barfield Present\nKaren Bearden Present"
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            "text": "Travis Haskins\nPresent\nDavid Guarnieri\nPresent"
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            "text": "Approval of Minutes",
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            "text": "The motion was made for approval of the April 25, 2014 minutes by Regent Haskins and seconded by Regent Bearden. The motion was approved."
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            "text": "Regent Barfield noted that a copy of the audit report had not been received by the Audit Committee prior to the meeting. Regent Barfield indicated that the committee would listen to Mr. Ferm's report but asked him to be available for any subsequent questions or comments concerning the report after the committee meeting."
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            "text": "Discussion",
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            "text": "Mr. Ferm presented additional focus areas of the 2014 audit plan. Regent Guarnieri and Regent Bearden raised questions regarding Accounts Receivables and Collections which were addressed by Mr. Ferm. Regent Barfield indicated the committee would review in-depth and contact him for items of clarification."
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            "text": "Action: Motion to adjourn by Regent Bearden and seconded by Regent Haskins. Meeting was adjourned at 12:22 p.m."
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            "text": "Submitted and Approved by:",
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            "text": "___ Approved with no corrections\n___ Approved with corrections",
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