A financial statement reflecting the financial activities and results of operations of the university over a given period.
The Department of Finance and Administration shall prepare accurate monthly financial reports in accordance with Generally Accepted Accounting Principles (GAAP).
These statements will summarize all expenditures and receipts for the period and compare them to the approved budget.
These unaudited statements will be distributed promptly to internal university management.
The Finance & Advancement Committee of the Board of Regents meets quarterly to review KSU's financial reports and monitor its fiscal operations.
The Finance & Advancement Committee shall include the most current financial reports in its report to the full Board of Regents during, or prior to, each regular Board meeting.
In designing and distributing financial statements and reports, the following factors will be considered:
The confidentiality of the information.
The purpose the report is intended to serve (internal vs. external).
The appropriate amount of detail and technical data to include.
The frequency of distribution.
The use of variances, footnotes, and graphics to enhance clarity.
The status of grants, projects, or contracts.
The Gold Book (KSU Bylaws)
| Subject | Office | Telephone | E-mail |
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| Policy Questions | CFO/Vice President of Fin. & Admin. | (502) 597-6429 | Melissa.Hicks@kysu.edu |