K-State Athletics Finanical Information

November 19, 2009

In a follow-up to the recent University exit analysis conducted for the Kansas Board of Regents and to meet its mission of being fiscally compliant, K-State Athletics, Inc., engaged the auditing firm of Deloitte & Touche, LLP to conduct an internal process control review of the Athletics Department. Deloitte reviewed internal processes related to contract administration, expense report and disbursement processing, and imprest account administration review.  Deloitte also examined the documentation for 13 transactions referenced in the Grant Thornton report and has confirmed that all of the transactions had documentation, approvals, or were corroborated through inspection of related contracts.

Linked below are the results of the review as provided by the firm, along with reports and financial information for each year dating back to FY 2003