Versailles, Kentucky – The Kentucky Community and Technical College System (KCTCS) has recently completed a forensic audit conducted by KPMG, which found no evidence of fraud or criminal behavior. However, the audit emphasized the need for stronger internal policies and enhanced staff training to improve overall efficiency.
KCTCS President Ryan Quarles, who assumed leadership in January 2023, stated, “I was hired to fix KCTCS and that’s exactly what I’m doing.” He underscored the audit’s findings as essential for rebuilding the organization and ensuring accountability moving forward.
The forensic audit follows a call for extensive financial scrutiny prompted by a special examination report from the state auditor’s office nearly a year ago. This activity aligns with the General Assembly’s resolution (SJR 179), which requires KCTCS to improve its policies and procedures by December 10, 2023.
Todd Kilburn, the Chief Financial Officer of KCTCS, who began his role in June, expressed gratitude for the work carried out by KPMG and the importance of adhering to the audit’s recommendations. He stated, “We appreciate the hard work of KPMG, and we’re pleased to receive these recommendations,” and emphasized a commitment to updating internal policies, enhancing procedures, and providing training opportunities.
As KCTCS is comprised of 16 regional colleges and serves over 100,000 students annually, it is crucial for the system to operate efficiently. The next steps will involve finalizing the review of the audit’s recommendations, implementing the necessary changes, and ensuring that all staff undergo appropriate training to enhance processes and accountability.
The findings of this audit signal a proactive approach in addressing previous concerns and aiming toward a more robust educational framework for workforce training and post-secondary education across Kentucky.
