The Board Fiscal Affairs and Audit Standing Committee, established in 2002, is comprised of four members appointed by the Chair of the Kansas Board of Regents. Committee assignments are usually announced at the annual Board retreat.

Fiscal Affairs and Audit meets by conference call approximately two weeks prior to each Board meeting and prior to the Board Chair's conference call to finalize items for the Board agenda. Typically, meetings consist of discussion of items to be placed on the upcoming agenda of the full Board and other Committee assignments.  The Committee also meets  in person the morning (generally 11:00am) before the start of the monthly Board meeting.  

The Fiscal Affairs and Audit Committee meetings are public and notice will be given in accordance with the Kansas Open Meetings Act (KSA 75-4317 through 75-4320a).