State Compensation Insurance Fund
Board of Directors
Audit Committee
November 14, 2012
2:00 p.m.
State Compensation Insurance Fund Office
333 Bush Street, 7th floor
San Francisco, CA 94104
COMMITTEE MEMBERS
Francis E. Quinlan, Chair
Steven L. Rank
William M. Zachry
Sheryl A. Chalupa (Alternate)
| OPEN SESSION |
November 14, 2012 @ 2:00 pm |
|
| Action/Frank Quinlan | 1. | Call to Order and Roll Call |
| Action/Frank Quinlan | 2. | Antitrust Admonition |
| Action/Frank Quinlan | 3. | |
Information/Dante Robinson |
4. | Completed Closed Audits |
Information/KPMG |
5. | Report of External Auditor: 2012 Audit Plan |
Action/Frank Quinlan |
6. | Ratification of Engagement of External Auditor for 2013 Audit |
| Information/Dante Robinson | 7. | Whistleblower Hotline |
| Information/Frank Quinlan | 8. | Public Comment on Appropriateness of Closed Session for Items 11 through 17. |
| Information/Frank Quinlan | 9. | Public Comment |
| CLOSED SESSION | ||
| Action/Frank Quinlan | 10. | Approval of August 15, 2012 Closed Meeting Minutes |
Information/Dante Robinson |
11. | Internal Audit Report – 3rd Quarter [Government Code Sections 11126(a), (j)(2), (3), (4)] |
Action/Dante Robinson |
12. | Approval of 2013 Internal Audit Plan [Government Code Sections 11126(a), (j)(2), (3), (4)] |
Action/Dante Robinson |
13. | Approval of 2013 Agenda Items and Schedule [Government Code Sections 11126(a), (j)(2), (3), (4) |
| Information/Maryann Lazernik | 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/Dan Sevilla | 16. | Pension and Other Post Employment Benefits (OPEB) Update [Government Code Section 11126(j)(4)] |
| Information/Frank Quinlan | 17. | 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/Frank Quinlan | 18. | Call to Order and Roll Call |
| Information/Frank Quinlan | 19. | Committee Member Presentations |
| Information/Frank Quinlan | 20. | Proposals and Suggestions for February 13, 2013 Agenda |
| Next Committee Meeting February 13, 2013 | ||
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.
