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7.330 Audit or investigation of financial records -- Review and evaluation of state-supported programs.

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7.330 Audit or investigation of financial records -- Review and evaluation of state- supported programs. The Commission may: <br>(1) Perform an audit or investigation of any accounts, books and other financial records of the state government, or of any officer, department, board, bureau, institution, <br>commission, agency, or other unit, of the state; (2) Examine and audit any fiscal books, records and accounts of custodians of public funds, and of disbursing officers of the state, making independent verification of all <br>assets, liabilities, revenues and expenditures of the state and agencies of the state; (3) Review and evaluate any program supported in whole or in part by state appropriation. In any instance in which a program review indicates inadequate <br>operating or administrative system controls or procedures, inaccuracies, waste, <br>extravagance, unauthorized or unintended activities or programs, or other <br>deficiencies, the Commission may report its findings to the General Assembly; (4) Perform audit of any agency, private or semiprivate agency or organization receiving state funds and review audits of such agencies to ascertain that <br>recommendations are implemented within sixty (60) days after issuance of the final <br>audit report under KRS 43.090(1); such reviews may be made by the appropriate <br>interim committee as determined by the Commission; (5) The Commission may, at any time, study or review any matter relative to program activities of any state department, agency, or institution; (6) Require the assistance of any executives and officials, auditors, accountants, and other employees of any agency at any time in the inspection, examination and audit <br>of books, accounts and records. Effective: July 15, 1982 <br>History: Amended 1982 Ky. Acts ch. 176, sec. 1, effective July 15, 1982. -- Amended 1974 Ky. Acts ch. 384, sec. 5, effective June 21, 1974. -- Amended 1968 Ky. Acts <br>ch. 152, sec. 1, effective June 13, 1968. -- Created 1966 Ky. Acts ch. 42, sec. 7, <br>effective July 1, 1966. Formerly codified as KRS 6.380. <br>Legislative Research Commission Note. This is former KRS 6.380 as amended, renumbered by the Reviser of Statutes in 1974.