1. K-State home
  2. »1xbet onl
  3. »1xbe
  4. »1xbet
  5. »PPM Chapter 3260: External Audits

1xbet onl

Questions relating to the information in each chapter of the Policies and Procedures Manual should be directed to the office issuing the chapter.

That information is usually located at the end of each chapter.

For policy update questions, please contact policy@ksu.edu.

External Audits

Chapter 3260
Issued June 11,1997

Table of Contents

.010 Introduction
.020 Requirements
.030 Responsibilities
.040 Procedures
.050 Questions

.010 Introduction

Kansas State University is an agency of the State of Kansas and, therefore, is subject to the State 1xbet sports betting guidelines. The Kansas 1xbet sports betting guidelines are defined in Kansas Statutes 46-1101 through 1127. These 1xbet sports betting guidelines were established under the Legislative Post 1xbet sports betting Act. These statutes established a Legislative Post 1xbet sports betting Committee to oversee the State Division of Post 1xbet sports betting which is responsible for the auditing of State agencies.

Kansas State University receives a substantial amount of Federal awards each year and is, therefore, subject to the Federal Office of Management and Budget (OMB) Circular A-133 "Audits of State, Local Governments, and Non-Profit Organizations". This circular, issued under the Federal Single 1xbet sports betting Act, requires an annual single or program - specific 1xbet sports betting according to a specified expenditure threshold. A single 1xbet sports betting includes an examination of both the entity's financial statements and its Federal awards. A program - specific 1xbet sports betting is an 1xbet sports betting of one Federal program only.

Sponsoring entities may also conduct periodic special audits on selected sponsored funds as they deem necessary.

.020 Requirements

Kansas Statutes Annotated 46-1106 (Legislative Post 1xbet sports betting Act) requires the Legislative Division of Post 1xbet sports betting to provide for a regular 1xbet sports betting presence in every State agency by requiring that 1xbet sports betting work be conducted once every three years. 1xbet sports betting work done in addition to the annual financial statement 1xbet sports betting focuses on compliance with legal and procedural requirements and on the adequacy of the audited agency's internal control procedures in areas not covered by the annual 1xbet sports betting .

Federal OMB Circular A-133 currently requires a single or program specific 1xbet sports betting of any year in which expenditures of Federal awards are 0,000 or more. Because the University expends more than 0,000 under more than one Federal program each year, it is included in the annual statewide single 1xbet sports betting .

.030 Responsibilities

As part of its responsibilities, the Division of Legislative Post 1xbet sports betting is charged with meeting the requirements of the Legislative Post 1xbet sports betting Act which addresses audits of financial matters. Those requirements call for two major types of 1xbet sports betting work. The act first calls for an annual 1xbet sports betting of the State's financial statements. Those statements are audited by a certified public accounting firm under contract with the Legislative Division of Post 1xbet sports betting and includes Circular A-133 1xbet sports betting requirements.

The second type of 1xbet sports betting work focuses on compliance with legal and procedural requirements and on the adequacy of the audited agency's internal control procedures in areas not covered by the annual 1xbet sports betting .

1xbet sports betting reports, generated by the Division of Legislative Post 1xbet sports betting , will be furnished to the Governor, Director of Accounts and Reports, Director of the Budget, the state agency which is audited, the Legislative Post 1xbet sports betting Committee, and such other persons or agencies as required by law or by the specifications of the 1xbet sports betting .

.040 Procedures

The State Division of Post 1xbet sports betting coordinates the Single State Wide 1xbet sports betting which includes the Federal requirements. Since the majority of the records under review are maintained in the Division of Financial Services, the external audits are coordinated through that office. However, the Internal 1xbet sports betting Department is involved with the Single State Wide 1xbet sports betting on certain activities under review.

.050 Questions

Questions relating to external audits are to be directed to the Controller's Office, telephone number (785) 532-6210.