External Audit

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Primary Contact: Carly Cockley, Audit Manager
 
The External Audit Branch performs audits of overhead rates, consultant contracts, utility/railroad companies and miscellaneous audits as requested. The audits are performed in accordance with Generally Accepted Governmental Auditing Standards (GAGAS) as well as the AASHTO Uniform Audit and Accounting Guide.
 
Indirect Cost Rate Submissions​
 
Per 600 KAR 6:040 Section 3 (1) (b), all consultants pre-qualified to perform work for the Kentucky Transportation Cabinet must submit an indirect cost rate package to the External Audit Branch within 5 months of the consultant's fiscal year end.  The indirect cost rate package must include:
  1. Schedule of Indirect Costs for the audit period
  2. Schedule of Employees, Pay Rates, and Job Classifications for the current year
  3. Payroll register for the current year
  4. Detailed general ledger for the audit period
  5. Audited financial statements or a financial statement certified as accurate by an officer of the company
  6. Certification of final indirect cost; and
  7. AASHTO Internal Control Questionnaire for Consulting Engineers (including attachments)

Circulars and Other News:

Circular 2014-1; Preparing for Government Contracts.pdf

Firms selected for audit 2018

  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
200 Mero StreetFrankfortKY40601KY8:00 a.m.-4:30 p.m. EST, M-F(502) 564-6760(502) 564-6766http://maps.google.com/maps?hl=en&q=200+mero+street+frankfort+ky&ie=UTF8&hq=&hnear=200+Mero+St,+Frankfort,+Franklin,+Kentucky+40601&gl=us&sqi=2&z=16&iwloc=A
  
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External Audit

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​​This page is maintained by Carly.Cockley@ky.gov, who may be contacted to make corrections or changes.

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