State Compensation Insurance Fund
Board of Directors
Audit Committee Agenda
May 20, 2010
8:00 a.m.
Benicia Room, Milton Marks Conference Center
455 Golden Gate Avenue
San Francisco, CA 94102
COMMITTEE MEMBERS
Francis E. Quinlan, Chair
Steven L. Rank
William Zachry
James Richardson (Alternate)
OPEN SESSION | 8:00 a.m. |
|
Action/Frank Quinlan | 1. | Call to Order and Roll Call |
2. | Public Comment on Appropriateness of Closed Session for Items 4 through 8 | |
CLOSED SESSION | ||
Information/Frank Quinlan | 3. | Approval of March 18, 2010 Closed Meeting Minutes |
Information/Jay Stewart, Mark McMorrow, Julie Rhodes, KPMG |
4. | Presentation of Audited Draft 2009 Financials |
Action/Frank Quinlan | 5. | Appointment of External Auditor |
Information/Lisa Middleton, Marie Wardell |
6. | Update on Outstanding Audits and Investigations |
Action /Frank Quinlan, Lisa |
7. | 2010 Audit Plan |
Information/Frank Quinlan | 8. | Standing Audit Committee Agenda Items for 2010 |
OPEN SESSION | 9:00 a.m. or upon adjournment or recess of the Closed Session whichever is later |
|
Action/Frank Quinlan | 9. | Call to Order and Roll Call |
Action/Frank Quinlan | 10. | Approval of March 18, 2010 Open Meeting Minutes |
Attachment | ||
Information/Lisa Middleton, Marie Wardell |
11. | Report on Closed Audits |
Attachment | ||
Action/Frank Quinlan, Carol Newman |
12. | Amendment to Audit Committee Charter |
Attachment | ||
Information | 13. | Committee Member Presentations (Oral) |
Information/Frank Quinlan | 14. | Proposals and Suggestions for July 2010 Agenda (Oral) |
Information | 15. | Public Comment |
Next Audit Committee Meeting July 8, 2010 | ||
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 this 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.