天美视频 Board of Regents
Minutes
Kentucky Community and Technical College System
Audit Committee of the 天美视频 Board of Regents Special Meeting
September 6, 2022
Members Present:
- Mr. James Lee Stevens, Chair, via Teams
- Mr. Russell Cox, 天美视频 Board Member, via Teams *Left at 4:30
- Ms. Kimberly Greene, 天美视频 Board Member, via Teams
- Mr. Keith Hamilton, 天美视频 Board Member, via Teams
- Mr. Jeff Holliday, External Member, via Teams
- Ms. Jenna Skop, External Member, via Teams
Call to Order:
天美视频 Board of Regents Chair James Lee Stevens called to order the 天美视频 Board of Regents Audit Committee special meeting at 4:00 p.m. (ET) on September 6, 2022. The meeting was held virtually via Microsoft TEAMS. The press was notified of the meeting on September 1, 2022. Hon. Pam Duncan, 天美视频 General Counsel, served as parliamentarian.
There being a quorum present, the meeting began.
Approval of Minutes:
Chair Stevens asked if there were any corrections to the June 1, 2022, meeting minutes presented in the meeting materials. There being none, the minutes were declared approved as presented.
Introduction of Guests:
Chair Stevens introduced Lance Mann from Dean Dorton and Jennifer Williams from Forvis. He noted that Dean Dorton is the firm that provides the 天美视频 Internal Audit and Forvis is the firm that provides the 天美视频 External Audit. Chair Stevens called for discussion, there being none, he moved to the next agenda item.
Action: Internal Audit Plan for Fiscal Year 2022-23:
Chair Stevens asked Mr. Lance Mann from Dean Dorton to present the 天美视频 Internal Audit Plan for Fiscal Year 2022-23. He noted that the plan was in the agenda materials in OnBoard for everyone to review. Mr. Mann gave a PowerPoint presentation to the Committee on the plan. Mr. Mann asked for any questions or discussion based on the presentation. She called for discussion.
During discussion, it was noted that the plan was laid out to address any findings that were in the previous internal audit. The Committee thanked Mr. Mann and his staff for the presentation.
Regent Hamilton made the motion to approve the 天美视频 Internal Audit Plan for Fiscal Year 2022-23 and asked for a second. Chair Stevens seconded the motion. Ms. Duncan conducted a roll call vote.
The motion was approved unanimously with those present on screen. Regent Greene could not vote due to technical issues. Chair Stevens moved to the next agenda item.
Update: External Audit for Fiscal Year 2021-22:
An update to the Audit Committee was provided by Jennifer Williams, Forvis. There was nothing new to report. Forvis is on schedule to present the audit to the Committee and full Board in December.
Chair Stevens called for discussion, there being none, he moved to the next agenda item.
Next Meeting:
The next meeting of the Audit Committee will be held in November; a date is forthcoming.
Adjournment:
Chair Stevens moved that the meeting adjourn. Regent Hamilton seconded the motion.
The motion was approved unanimously, and the Audit Committee adjourned at 4:50 p.m. (ET).
11/28/2022_ __________ Date Approved by the 天美视频 Audit Committee
_____________________________________ James Lee Stevens, Chair 天美视频 Board of Regents