{ "document_id": 16012, "filename": "fa-annual-financial-statement-audit-policy-2024.pdf", "engine": "paddleocr_vl", "source_run_id": 16123, "generated_at": "2026-11-04T12:22:04+00:00", "page_count": 2, "counts_by_type": { "figure": 2, "header": 1, "heading": 6, "list": 2, "list_item": 7, "text": 6 }, "timings": { "total_ms": 1147, "structure_ms": 89, "text_layer_ms": 10, "build_ms": 1 }, "pages": [ { "document_id": 16012, "page": 1, "width": 612, "height": 792, "rotation": 0, "pipeline_version": "paddleocr-vl-1.6+paul-48", "width_pt": 612, "height_pt": 792, "engine": "paddleocr_vl", "source_run_id": 16123, "item_count": 23, "counts_by_type": { "figure": 2, "header": 1, "heading": 6, "list": 2, "list_item": 7, "text": 5 }, "build_ms": 1, "items": [ { "id": "p1.1", "order": 1, "type": "figure", "bbox": { "l": 93.12, "t": 755.04, "r": 190.8, "b": 681.6 }, "text": "", "attrs": { "role": "page_header", "block_label": "header_image" }, "reading_order": 0 }, { "id": "p1.2", "order": 2, "type": "header", "bbox": { "l": 214.08, "t": 732, "r": 512.4, "b": 687.84 }, "text": "KENTUCKY STATE UNIVERSITY\nPOLICIES AND PROCEDURES", "attrs": { "block_label": "header" }, "level": 2, "reading_order": 1 }, { "id": "p1.3", "order": 3, "type": "figure", "bbox": { "l": 55.8, "t": 756, "r": 595.73, "b": 677.35 }, "text": "", "attrs": { "source": "pdf_image" }, "reading_order": 2 }, { "id": "p1.4", "order": 4, "type": "text", "bbox": { "l": 33.6, "t": 648.24, "r": 270.48, "b": 615.36 }, "text": "POLICY TITLE:\nAnnual Financial Statement Audit Policy", "reading_order": 3 }, { "id": "p1.5", "order": 5, "type": "heading", "bbox": { "l": 33.36, "t": 597.36, "r": 220.08, "b": 581.52 }, "text": "VOLUME, SECTION & NUMBER:", "level": 3, "reading_order": 4 }, { "id": "p1.6", "order": 6, "type": "list", "bbox": { "l": 36, "t": 561.79, "r": 213.71832, "b": 462.28 }, "text": "", "attrs": { "item_count": 5 }, "children": [ { "id": "p1.6.1", "order": 7, "type": "list_item", "bbox": { "l": 36, "t": 561.79, "r": 151.74576, "b": 547.75 }, "text": "ENTITIES AFFECTED:", "reading_order": 0 }, { "id": "p1.6.2", "order": 8, "type": "list_item", "bbox": { "l": 36, "t": 544.6, "r": 173.97284, "b": 530.56 }, "text": "Accounting and Finance", "reading_order": 1 }, { "id": "p1.6.3", "order": 9, "type": "list_item", "bbox": { "l": 36, "t": 527.56, "r": 172.14588, "b": 513.52 }, "text": "Executive Management", "reading_order": 2 }, { "id": "p1.6.4", "order": 10, "type": "list_item", "bbox": { "l": 36, "t": 493.36, "r": 213.71832, "b": 479.32 }, "text": "ADMINISTRATIVE AUTHORITY:", "reading_order": 3 }, { "id": "p1.6.5", "order": 11, "type": "list_item", "bbox": { "l": 36, "t": 476.32, "r": 166.12272, "b": 462.28 }, "text": "Office of the President", "reading_order": 4 } ], "reading_order": 5 }, { "id": "p1.7", "order": 12, "type": "heading", "bbox": { "l": 34.08, "t": 443.52, "r": 123.6, "b": 428.88 }, "text": "APPROVED BY:", "attrs": { "block_label": "paragraph_title" }, "level": 3, "reading_order": 6 }, { "id": "p1.8", "order": 13, "type": "text", "bbox": { "l": 33.84, "t": 426, "r": 288.24, "b": 409.92 }, "text": "Kentucky State University Board of Regents", "reading_order": 7 }, { "id": "p1.9", "order": 14, "type": "heading", "bbox": { "l": 34.32, "t": 392.16, "r": 133.44, "b": 377.76 }, "text": "EFFECTIVE DATE:", "attrs": { "block_label": "paragraph_title" }, "level": 3, "reading_order": 8 }, { "id": "p1.10", "order": 15, "type": "heading", "bbox": { "l": 34.32, "t": 374.64, "r": 123.6, "b": 359.28 }, "text": "August 9, 2024", "attrs": { "block_label": "paragraph_title" }, "level": 3, "reading_order": 9 }, { "id": "p1.11", "order": 16, "type": "heading", "bbox": { "l": 34.08, "t": 343.44, "r": 153.36, "b": 328.56 }, "text": "POLICY STATEMENT:", "attrs": { "block_label": "paragraph_title" }, "level": 3, "reading_order": 10 }, { "id": "p1.12", "order": 17, "type": "text", "bbox": { "l": 33.12, "t": 310.56, "r": 578.16, "b": 263.52 }, "text": "An audit is a review of an organization's financial condition by an independent organization in order to render an opinion of the organization's finances. An annual audit of Kentucky State University is required by statute and KSU's bylaws, referred to as The Gold Book.", "reading_order": 11 }, { "id": "p1.13", "order": 18, "type": "text", "bbox": { "l": 33.6, "t": 246.48, "r": 578.16, "b": 202.56 }, "text": "KSU shall obtain a financial statement audit on an annual basis. The Board of Regents shall select the auditor upon the recommendation of the Board of Regents' Finance and Audit Committee. The Board of Regents and KSU shall follow the Model Procurement Code and all applicable laws when selecting an auditor.", "reading_order": 12 }, { "id": "p1.14", "order": 19, "type": "text", "bbox": { "l": 33.6, "t": 187.44, "r": 578.4, "b": 143.28 }, "text": "The Finance and Audit Committee will review and approve the draft audit report, including the management letter and management responses. The final issued audited financial statements will be presented to the full Board of Regents for approval.", "reading_order": 13 }, { "id": "p1.15", "order": 20, "type": "heading", "bbox": { "l": 33.84, "t": 128.4, "r": 146.16, "b": 113.76 }, "text": "RELATED POLICIES:", "attrs": { "block_label": "paragraph_title" }, "level": 3, "reading_order": 14 }, { "id": "p1.16", "order": 21, "type": "list", "bbox": { "l": 36, "t": 95.78399999999999, "r": 235.574, "b": 54.50400000000002 }, "text": "", "attrs": { "item_count": 2 }, "children": [ { "id": "p1.16.1", "order": 22, "type": "list_item", "bbox": { "l": 36, "t": 95.78399999999999, "r": 235.574, "b": 83.78399999999999 }, "text": "Business Policies and Procedures Manual", "reading_order": 0 }, { "id": "p1.16.2", "order": 23, "type": "list_item", "bbox": { "l": 36, "t": 66.50400000000002, "r": 107.244, "b": 54.50400000000002 }, "text": "The Gold Book", "reading_order": 1 } ], "reading_order": 15 } ] }, { "document_id": 16012, "page": 2, "width": 612, "height": 792, "rotation": 0, "pipeline_version": "paddleocr-vl-1.6+paul-48", "width_pt": 612, "height_pt": 792, "engine": "paddleocr_vl", "source_run_id": 16123, "item_count": 1, "counts_by_type": { "text": 1 }, "build_ms": 0, "items": [ { "id": "p2.1", "order": 1, "type": "text", "bbox": { "l": 34.08, "t": 791.28, "r": 583.2, "b": 671.28 }, "text": "STATUTORY AND REGULATORY REFERENCES:\n\nKRS 164.096\n\nKRS 164A.570", "reading_order": 0 } ] } ] }