Regent Barfield called the meeting of the Kentucky State University Board of Regents Audit Committee to order at 12:15 pm on July 26, 2013
Regent Barfield-Yes Regent-Bearden-Yes Regent-Reddy-Yes Regent-Williams-Yes Quorum Established: Yes
October 26, 2012 – moved to accept by Regent Bearden, seconded by Regent Williams-passed January 25, 2013 – moved to accept by Regent Reddy, seconded by Regent Williams – passed April 26, 2013 – moved to accept by Regent Bearden, seconded by Regent Williams - passed
Regent Barfield welcomed the Audit committee and Mark Ferm, Internal Auditor from Tronconi Segarra & Associates.
DISCUSSION: Mr. Ferm presented areas of discussion for the 2012-2013 audit which will be completed by the end of July 2013. Regent Reddy and Regent Barfield requested information regarding disaster recovery and financial aid. Mr. Ferm presented the 2013-2014 audit plan. Dr. Sias and Regent Barfield thanked Mr. Ferm for his work with KSU and the audit.
Action: Motion to adjourn by Regent Williams and seconded by Regent Bearden Meeting was adjourned at 12:28 p.m.
Motion to adjourn by Regent Williams and seconded by Regent Bearden. Meeting was adjourned at 12:28 p.m.
Submitted and Approved by:
Approved with no corrections Board of Regents
___ Approved with corrections
Regent Mindy Barfield, Chair
Internal Audit Committee
Board of Regents