760 KAR 1:020. Annual audit.


      RELATES TO: KRS 164A.570


      NECESSITY, FUNCTION, AND CONFORMITY: KRS 164A.560 vests the responsibility with the governing board of a public institution of higher education to elect to perform financial management functions in accordance with KRS 164A.555 to 164A.630 by issuing administrative regulations. The function of this administrative regulation shall be to implement the provisions of KRS 164A.570 at Northern Kentucky University.


      Section 1. The Northern Kentucky University Board of Regents shall engage a qualified firm of certified public accountants pursuant to KRS 164A.570. (19 Ky.R. 1268; Am. 1541; eff. 1-4-93.)