State Compensation Insurance Fund
Board of Directors
Audit Committee
February 18, 2015
2:00 p.m.
State Compensation Insurance Fund
333 Bush Street, 7th floor
San Francisco, CA 94104
COMMITTEE MEMBERS
Sheryl A. Chalupa, Chair
Sen. Michael J. Machado (Ret)
Steven L. Rank
William M. Zachry
| OPEN SESSION | February 18, 2015 @ 2:00 p.m. | |
| Action/Sheryl Chalupa | 1. | Call to Order and Roll Call |
| Action/Sheryl Chalupa | 2. | Antitrust Admonition |
| Action/Sheryl Chalupa | 3. | Approval of November 19, 2014 Open Meeting Minutes |
| Information/Dante Robinson | 4. | Completed Closed Audits |
| Information/Andreas Acker and Dante Robinson | 5. | Whistleblower Hotline |
| Information/Sheryl Chalupa | 6. | Public Comment on Appropriateness of Closed Session for Items 9 through 14. |
| Information/Sheryl Chalupa | 7. | Public Comment |
| CLOSED SESSION | ||
| Action/Sheryl Chalupa | 8. | Approval of November 19, 2014 Closed Meeting Minutes |
| Information/KPMG | 9. | Report of External Auditor [Government Code Section 11126(j)(4)] |
| Information/Dante Robinson | 10. | Internal Audit Report – 4th Quarter 2014 [Government Code Sections 11126(a), (j)(2), (3), (4)] |
| Information/ Andreas Acker and Dante Robinson | 11. | Update on Personnel Investigations [Government Code Section 11126(a), (j)(4)] |
| Information/Dante Robinson | 12. | Special Investigation Unit Update – 4th Quarter 2014 [Government Code Sections 11126(e), (j)(2), (4)] |
| Information/Peter Guastamachio | 13. | Model Audit Rule (MAR) Update [Government Code Section 11126(j)(4)] |
| Information/Sheryl Chalupa | 14. | Audit Considerations Related to the Strategic Plan [Government Code Section 11126(j)(4)] |
| OPEN SESSION | 4:15 p.m. or upon adjournment or recess of the Closed Session, whichever is later | |
| Action/Sheryl Chalupa | 15. | Call to Order and Roll Call |
| Information/Sheryl Chalupa | 16. | Committee Member Presentations |
| Information/Sheryl Chalupa | 17. | Proposals and Suggestions for May 20, 2015 Agenda |
| Next Committee Meeting: May 20, 2015 at State Fund Corporate Office, 333 Bush Street, San Francisco, CA | ||
Note: Items designated for information are appropriate for Board/Committee action if the Board/Committee wishes to take action. Any agenda item from a properly noticed Committee meeting held immediately prior to the Board meeting may be considered by the Board. Agenda items may be taken out of order with the approval of the Chairperson. Public comment will be limited to three (3) minutes per speaker and ten (10) minutes per subject item.
