天美视频 BoR: Audit Committee, May 9, 2023
Members Present:
- James Lee Stevens, Chair
- Joseph Heerdink, 天美视频 Board Member
- Keith Hamilton, 天美视频 Board Member
- Barry Martin, 天美视频 Board Vice Chair
- Jeff Holliday, External Member
- Richard Smith, 天美视频 Board Member
Members Absent:
- Russell Cox, 天美视频 Board Member
- Jenna Skop, External Member
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 4:03 p.m. (ET) on May 9, 2023. The meeting was held virtually via Microsoft TEAMS. The press was notified of the meeting on May 1, 2023. Hon. Pam Duncan, 天美视频 General Counsel, served as parliamentarian.
Chair Stevens began the meeting with the approval of minutes.
Approval of Minutes:
Chair Stevens asked if there were any corrections to the March 13, 2022, meeting minutes presented in the meeting materials. Regent Heerdink made the motion to approve, and Regent Martin seconded. Chair Stevens asked for any objections. There being none, the minutes were declared approved as presented.
Chair Stevens moved to the next agenda item.
Introduction of Guests:
Chair Stevens introduced Lance Mann and Chris Boylan from Dean Dorton. He noted that Dean Dorton is the firm that provides the 天美视频 Internal Audit Services.
Update: Internal Audit for Fiscal Year 2022-23:
Chair Stevens asked Mr. Lance Mann from Dean Dorton to present the Update agenda item. Mr. Mann, assisted by Mr. Boylan, gave a PowerPoint presentation to the Committee on the Update agenda item. Mr. Mann went through the updates throughout the remainder of the plan. Mr. Mann asked for any questions or discussion based on the presentation.
During discussion, it was noted that all contracts and charge backs are being reviewed and an update will be provided to the Committee. The Committee thanked Mr. Mann and his staff for the presentation.
Chair Stevens noted that Mr. Mann did not need to be present at the June 15-16, 2023, 天美视频 Board of Regents meeting at West Kentucky Community and Technical College. Chair Stevens asked Regent Heerdink to provide the update at the June Board of Regents meeting.
Chair Stevens called for additional discussion, there being none, he moved to the next agenda item.
Next Meeting:
The next meeting of the Audit Committee will be held before the 天美视频 Board of Regents September 2023 meeting; a date is forthcoming.
Adjournment:
Regent Heerdink moved that the meeting adjourn. Chair Stevens seconded the motion.
The motion was approved unanimously, and the Audit Committee adjourned at 4:38 p.m. (ET).