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This special examination is not the only time the APA has conducted work at KSU. On July 28, 2000, the APA released a Report to the Board of Regents of Kentucky State University, University Financial Controls. The report outlined 16 findings, the actions taken to date, and recommendations. Findings included a lack of policies and procedures, no internal audit function, inconsistent and unaccountable handling of funds, inexperienced employees, incomplete reconciliations, incomplete financial statement adjustments, inappropriate information systems security, tainted reporting functions, inadequately controlled disbursements, inadequate budget preparation, deficient records maintenance procedures, ineffective management of student loan receivables, inadequate employee timekeeping, inadequate financial controls, and inequitable salary scales for employees. Many of the issues identified in the 2000 Audit persist, as reflected in the findings of this report. The July 28, 2000 Report can be found online at auditor.ky.gov.