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Audit committee approves FY2026 internal-audit salaries and budget
Summary
The Austin Peay State University Audit Committee approved the Office of Internal Audit's fiscal year 2026 salaries and budget after the chief audit officer outlined statutory and professional standards requiring committee review of audit office resources.
The Austin Peay State University Audit Committee voted to approve the Office of Internal Audit's fiscal year 2026 salaries and budget following a brief presentation explaining why the committee must review and approve audit office resources.
Blaine Clemons, the university's chief audit officer, told the committee that the audit committee charter and the Institute of Internal Auditors' standards require the committee to review and approve the internal audit office's resources. Clemons said the budget materials were circulated in advance and offered to answer questions from trustees.
A motion to approve the fiscal year 2026 audit salaries and budget was made and seconded (the transcript does not identify the mover or seconder). Chair called for any further discussion; none was recorded. The committee approved the budget by voice vote and the chair declared the motion carried.
The approval completes the committee's formal responsibility to review audit office resourcing for the coming year; Clemons previously said the committee must review both salaries and other resources to comply with the charter and professional standards. The item was recorded as an action on the meeting agenda; no additional conditions or amendments were reported in the transcript.
The committee proceeded to three information items after the vote. No further procedural steps on the budget item were indicated during the meeting.
