KRS 7.330: Audit or investigation of financial records -- Review and evaluation of state -

supported programs.

The Commission may:

(1) Perform an audit or investigation of any accounts, books and other financial records

of the state government, or of any officer, de partment, board, bureau, institution,

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 a ll

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

operating or administrative system controls or procedures, inaccuracies, waste,

extravagance, unauthorized or unintended activities or programs, or other

deficiencies, the Commission may report its findings to the General Assembly;

(4) Perform audit of any agency, priv ate or semiprivate agency or organization

receiving state funds and review audits of such agencies to ascertain that

recommendations are implemented within sixty (60) days after issuance of the final

audit report under KRS 43.090(1); such reviews may be ma de by the appropriate

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 execu tives and officials, auditors, accountants, and

other employees of any agency at any time in the inspection, examination and audit

of books, accounts and records.