• Involve the entire Board in the President's evaluation process and shall use the approved procedures for the evaluation of the University President;
  • Be responsible for the planning of the Board's annual retreat. The Executive and Audit Committee, shall also:

(a)(d) Monitor the effectiveness of management's system of internal control to prevent and detect fraud;

(b)(e) Ensure open communications among management, internal auditors, auditors, and the Board;

(c)(f) Recommend to the Board the External Auditors/firm;

(d)(g) Discuss the annual audit report and other external audit issues with and appropriate staff;

(e)(h) Present the annual financial audit to the full Board;

(f)(i) Review the annual internal audit plan and discuss the extent to which it addresses high risk areas with President;

(g)(j) Review and submit the Internal Audit Charter to the Board for approval on a routine basis to include changes needed to ensure that the audit function is complying with professional standards, best practices, and addressing emerging audit issues.

The Executive and Audit Committee shall submit to the board of Regents for its ratification at the next full Board meeting a complete record of all actions taken by the Executive and Audit Committee.

The Secretary of the Board of Regents shall attend all meetings of the Executive Committee and shall serve as its secretary.

Section 9.5: The Academic Affairs Committee shall be responsible for evaluating all Bylaws

Bylaws Kentucky State University Board of Regents Effective Date: January 23, 2015 (Approved KSU Board of Regents) 13