Approval of External Auditor Contract.

Pursuant to Kentucky Revised Statute 164A.170, the University must complete an annual report and audit.

Beginning in September 2017, Crowe LLP (formerly known as Crowe Horwath LLP) served as the University's independent external auditor. Crowe LLP continued to serve in that role through June 30, 2022, at which point the contract expired according to its terms. The University is now attempting to procure the services of a new independent external auditor through a competitive procurement process. The University seeks approval of an external auditor contract for the purpose of completing its audits for fiscal years 2021 and 2022. The amount KSU will owe under the contract shall not exceed $300,000.00.

The University has included the completion of the annual report and audit in its budget.

Interim President Ronald A. Johnson recommends that the Kentucky State University Board of Regents approves an external auditor contract.

Approve an External Auditor Contract.