Require monthly or quarterly reporting of available funds held at the Foundation be submitted to institutional support or accounting so that reports can be reconciled to KSU's documentation to ensure charges and deposits are applied to appropriate accounts as intended Concur Ongoing President/CFO/Legal TBD

MOU should be updated to reflect actual operations/procedures between KSU and Foundation Concur Ongoing President/CFO/Legal TBD

14 Seek legal guidance to determine options that may be available to recoup any payment for services not rendered by an employee Concur Ongoing President/CFO/Legal TBD

15 Ensure proper retention and destruction of financial records in accordance with approved state and University policies Concur Ongoing President/CFO/Legal TBD

Provide annual training to all staff, with a focus on select KSU policies, which should include, at a minimum, Ethics, Conflicts of Interest, and Conflicts of Commitment Concur TBD President/CFO/Legal TBD

Create an explicit dual employment policy that requires KSU employees to obtain approval before acquiring secondary employment Concur TBD President/CFO/Legal TBD

Develop and implement training for all "central administrative office" personnel responsible for ensuring proper retention and destruction of financial records; ensure such personnel undergo training by KDLA Concur Ongoing President/CFO/Legal Summer 2023

Ensure systems used for records retention be adequately maintained so that access to records is not lost Concur Ongoing CFO/CIO/Legal SUMMER 2023