Regent Barfield then asked for an explanation of the Credit for Life Experiences program. Dr. Kimbrough responded with a description of this program. In addition to Dr. Kimbrough's response, Dr. Sias discussed some of the particulars of the Credit for Life Program. Regent Barfield then asked for an explanation of the coding issues that had been found during the external reviews of the Talent Search Program. Dr. Kimbrough answered with a detailed explanation of the coding issues. Regent Barfield then wanted more clarification of the reasons that certain audits were postponed. Ms. Johnson gave the reasons for these postponements which were mainly due to the time constraints caused by the Banner Installation.
Dr. Kimbrough discussed his recommendations that were made during the Audit of the Office of Student Life. These recommendations included the addition of more surveys to evaluate student events and added documentation for the legal review of student event contracts. The planned completion of this audit will be at the end of May 2011.
Dr. Kimbrough then announced that he was leaving his post as President of the Central Kentucky Chapter of the Institute of Internal Auditors (CKIIA) in order to assume a position as board member of the CKIIA. He then discussed some of the CKIIA seminars that he had attended during this time. During the past quarter, Dr. Kimbrough attended seminars with topics such as fraud investigations, audit test approaches, international reporting standards, and audits of executive compensation. Finally, Dr. Kimbrough spoke on the topic of giving depositions at a May meeting.
A motion was then made to adjourn.
VII. Adjournment
Action: Motion to adjourn by Regent Barfield and seconded by Regent Williams
Meeting was adjourned at 12:28 pm
Submitted by: Approved by:
Dr. Ralph Kimbrough Internal Auditor Kentucky State University
___ Approved with no corrections
___ Approved with corrections
Regent Mindy Barfield, Chair Internal Audit Committee Board of Regents
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