State Compensation Insurance Fund
Board of Directors
Audit Committee
November 13, 2013
2:00 p.m.
State Compensation Insurance Fund Office
333 Bush Street, 7th floor
San Francisco, CA 94104
COMMITTEE MEMBERS
Francis E. Quinlan, Chair
Robin Baker
Sheryl A. Chalupa
Steven L. Rank
William M. Zachry
| OPEN SESSION |
November 13, 2013 @2:00 pm |
|
| Action/Frank Quinlan | 1. | Call to Order and Roll Call |
| Action/Frank Quinlan | 2. | Antitrust Admonition |
| Action/Frank Quinlan | 3. | Approval of August 13, 2013 Open Meeting Minutes |
| Information/ Dante Robinson |
4. | Completed Closed Audits |
| Information/ Andreas Acker and Dante Robinson |
5. | Whistleblower Hotline |
| Information/KPMG | 6. | Report of External Auditor: 2013 Audit Plan |
| Information/Frank Quinlan | 7. | Public Comment on Appropriateness of Closed Session for Items 10 through 16. |
| Information/Frank Quinlan | 8. | Public Comment |
| CLOSED SESSION | ||
| Action/Frank Quinlan | 9. | Approval of August 13, 2013 Closed Meeting Minutes |
| Action/Carol Newman and Hilda Padua | 10. | Review and Approval of 2014 Audit Committee Agenda Items and 2014 Audit Committee Schedule [Government Code Sections 11126(a), (j)(2), (3), (4)] |
| Information/Dante Robinson | 11. | Internal Audit Report – 3rd Quarter [Government Code Sections 11126(a), (j)(2), (3), (4)] |
| Action/Dante Robinson | 12. | Review and Approval of 2014 Internal Audit Plan
[Government Code Sections 11126(a), (j)(2), (3), (4)] |
| Information/ Andreas Acker and Dante Robinson |
13. | Update on Personnel Investigations [Government Code Section 11126(a), (j)(4)] |
| Information/Dante Robinson | 14. | Pending and Potential Fraud, Criminal and Civil Litigation [Government Code Sections 11126(e), (j)(2), (4)] |
| Information/Dan Sevilla | 15. | Model Audit Rule (MAR) Update [Government Code Section 11126(j)(4)] |
| Information/Frank Quinlan | 16. | Audit Considerations Related to the Strategic Plan [Government Code Section 11126(j)(4)] |
| OPEN SESSION | 4:00 p.m. or upon adjournment or recess of the Closed Session, whichever is later | |
| Action/Frank Quinlan | 17. | Call to Order and Roll Call |
| Information/Frank Quinlan | 18. | Committee Member Presentations |
| Information/Frank Quinlan | 19. | Proposals and Suggestions for February 19, 2014 Agenda |
| Next Committee Meeting: February 19, 2014 | ||
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.
