Secretary of Finance and Administration Cabinet Commonwealth of Kentucky
We conducted our audit of compliance in accordance with auditing standards generally accepted in the United States of America (GAAS); the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States; and the audit requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Our responsibilities under those standards and the Uniform Guidance are further described in the Auditors' Responsibilities for the Audit of Compliance section of our report.
We are required to be independent of the University and to meet our other ethical responsibilities, in accordance with relevant ethical requirements relating to our audit. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion on compliance for each major federal program. Our audit does not provide a legal determination of the University's compliance with the compliance requirements referred to above.
As described in the accompanying schedule of findings and questioned costs, the University did not comply with requirements regarding Assistance Listing No's. 84.063 Federal Pell Grant, and 84.268 Direct Loan as described in finding number 2024-013 for Special Tests and Provisions.
Compliance with such requirements is necessary, in our opinion, for the University to comply with the requirements applicable to that program.
As described in the accompanying schedule of findings and questioned costs, the University did not comply with requirements regarding Assistance Listing No. 10.512 Agricultural Extension at 1890 Land-Grant Institutions as described in finding number 2024-010 for Equipment and Real Property Management.
Compliance with such requirements is necessary, in our opinion, for the University to comply with the requirements applicable to that program.
Management is responsible for compliance with the requirements referred to above and for the design, implementation, and maintenance of effective internal control over compliance with the requirements of laws, statutes, regulations, rules and provisions of contracts or grant agreements applicable to the University's federal programs.