State Compensation Insurance Fund
Board of Directors
Audit Committee
September 23, 2014
10:00 a.m.
Hyatt Regency Hotel
1 Old Golf Course Road, Monterey, CA
COMMITTEE MEMBERS
Sheryl A. Chalupa, Chair
Robin Baker
Jack Neureuter
Steven L. Rank
William M. Zachry, Acting Chair
| OPEN SESSION |
September 23, 2014 @ 10:00 a.m. |
|
| Action/Sheryl Chalupa | 1. | Call to Order and Roll Call |
| Action/Sheryl Chalupa | 2. | Antitrust Admonition |
| Action/Sheryl Chalupa | 3. | Approval of May 14, 2014 Open Meeting Minutes |
| Information/ Dante Robinson |
4. | Completed Closed Audits |
| Information/ Dante Robinson and Andreas Acker |
5. | Whistleblower Hotline |
| Action/Sheryl Chalupa | 6. | Ratification of Engagement of External Auditor for 2014 Audit |
| Information/Sheryl Chalupa | 7. | Public Comment on Appropriateness of Closed Session for Items 10 through 14. |
| Information/Sheryl Chalupa | 8. | Public Comment |
| CLOSED SESSION | ||
| Action/Sheryl Chalupa | 9. | Approval of May 14, 2014 Closed Meeting Minutes |
| Information/Dante Robinson | 10. | Internal Audit Report – 2nd Quarter 2014 [Government Code Sections 11126(a), (j)(2), (3), (4)] |
| Information/ Dante Robinson and Andreas Acker |
11. | Update on Personnel Investigations [Government Code Section 11126(a), (j)(4)] |
| Information/Dante Robinson | 12. | Special Investigation Unit Update – 2nd 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 | 11:30 a.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 November 19, 2014 Agenda |
| Next Committee Meeting: November 19, 2014 at at State Fund Corporate Office, 333 Bush Street, San Francisco, CA |
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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.
