March 9, 2017, Special Minutes of the Audit Entrance Conference

STANWOOD-CAMANO SCHOOL DISTRICT

BOARD OF DIRECTORS

SPECIAL MINUTES OF THE MARCH 9, 2017, AUDIT ENTRANCE CONFERENCE

CALL TO ORDER
The special meeting came to order at 9:02 AM in the Administration & Resource Center Board Room for the purpose of the Washington State Audit Entrance Conference for fiscal year 2015-16. Board members in attendance were: Ken Christoferson and Roger Myers. Board members, Julie Dean, Al Schreiber and Natalie Hagglund, were unable to attend. Staff members attending were: Superintendent Jean Shumate, Lloy Schaaf, Assistant Superintendent of Teaching and Learning, Gary Platt, Executive Director of Business Services, and Lisa Beckt, Fiscal Supervisor.

Deena Garza, Audit Manager, shared the purpose of the meeting. Jordan Helms, Audit Lead, explained the audit scope, (accountability audit, financial statement audit and the federal grant compliance audit and he discussed the intent to test the Child Nutrition Cluster). Arden Flores, Assistant Audit Manager, reviewed the engagement letter and levels of reporting (findings, management letters, and exit items). Ms. Garza reviewed expected communications, confidential information, the audit’s dispute process, costs, and survey, and loss reporting. Emerging Issues regarding property tax revenue recognition was discussed.

Andrew Tan, Audit Intern, was also in attendance.

No action was taken.

ADJOURNMENT

The meeting was adjourned at 9:25 AM.

STANWOOD-CAMANO SCHOOL DISTRICT

BOARD OF DIRECTORS

_____________________________________ 

President

_____________________________________

Vice President

_____________________________________

Director

_____________________________________

Director

_____________________________________

Director

Attest:

_____________________________________

Jean Shumate, Ed.D.

Secretary for the Board

_____________________________________

Date of Approval