basis and submitted to AVP of Finance and Administration for review and approval.

KSU Accounts Payable working with a report writer from Intuitional Research created a template (platform) that integrates with Banner to capture invoice aging. The schedule in Argo's system produces end of the month outstanding accounts payable balances.

KSU retains the procedure (report script) for creating the outstanding accounts payable balance report on file (hard copy for reference).

Finding 12: KSU Failed to Apply a 5% Salary Reduction to Executive Salaries Despite a Signed Resolution.

Recommendations:

• KSU determine the authority of President's Council/Cabinet.
• In addition, the KSU HR Director should provide confirmation of action taken at meetings of the Board of Regents, standing committees, and the President's Council, whenever resolutions or motions are passed that will affect payroll and benefits provided to any or all staff.
• The Board of Regents keep track of resolutions passed and request a status update to ensure passed resolutions are implemented.

Management Response: Concur

President's Council/Cabinet no longer exists. The University has a Leadership Cabinet that is a comprised of Senior Leadership to report on areas of performance, coordinate strategies and emergency issue.

President's Council/Cabinet no longer exists. The HR Director shall provide confirmation of action taken at meetings of the Board of Regents, standing committees, and the Leadership Cabinet, whenever resolutions or motions are passed that will affect payroll and benefits provided to any or all staff.

The Board of Regents shall keep track of resolutions passed and a status update from Staff notes compiled and details are presented to Board for review and approval. A review of previous resolutions items will be an agenda item going forward.

Finding 13: Insufficient Communication and Relationship Between KSU and Its Foundation Has Led to Ineffective Oversight of Public Funds.

Recommendations: