The staff of the Division of Finance and Administration manage and process financial information for the University. The major activities include:
General ledger
Budgeting
Cash management
Endowment investment management
Capital assets management
Student revenue and accounts receivables
Grants management
Cash receipts
Procurement
Accounts payable and cash disbursements
Payroll
General accounting
Management financial reporting
Annual audit
External financial reporting
Information technology
Risk management
Document retention
The bylaws, as published in the Gold Book, outline the responsibilities of the Board of Regents and Officers of the University.
The table below summarizes the assignment of responsibilities for the major activities of KSU.
Certain business activities of the university also fall under the additional responsibility of the Kentucky Council on Post-secondary Education (CPE).
| Responsibility |
| Activity | Finance and Administration | President | Finance Committee | Board of Regents |
|---|
| Accounting policies | Controller develops and revises, CFO recommends | - | Recommends | Approves per Gold Book Article II, Sec. 2 (l) |
| Accounting procedures | Controller develops and maintains, CFO approves | Delegates to CFO | - | Delegates to President per Gold Book Article II, Sec. 2 (p) |