February 20, 2018, Special Audit Entrance Conference Minutes

STANWOOD-CAMANO SCHOOL DISTRICT
BOARD OF DIRECTORS
SPECIAL MINUTES OF THE FEBRUARY 20, 2018, AUDIT ENTRANCE CONFERENCE

CALL TO ORDER
The special meeting came to order at 5:00 PM in the Administration & Resource Center Curriculum Training Room for the purpose of the Washington State Audit Entrance Conference for fiscal year 2016-17. Board members in attendance were: Julie Dean, Natalie Hagglund, Al Schreiber, Roger Myers, and Ken Christoferson. Staff members attending were: Superintendent Jean Shumate, Lloy Schaaf, Assistant Superintendent of Teaching and Learning, Steve Lidgard, Executive Director of Business Services, and Lisa Beckt, Fiscal Supervisor.

Kelly Kohnken, MBA, Assistant Audit Manager, shared the purpose of the meeting. Sean Fitzgerald, Esq., Audit Lead, explained the audit scope, (accountability audit, financial statement audit and the federal grant compliance audit). He reviewed the engagement letter and levels of reporting (findings, management letters, and exit items). Ms. Kohnken reviewed expected communications, confidential information, the audit’s dispute process, audit costs and timeline, audit survey and other information.

Checklist for reviewing financial statement reporting for school districts was distributed to the board members and administrators.

No action was taken.

ADJOURNMENT
The meeting was adjourned at 5:12 PM.

STANWOOD-CAMANO SCHOOL DISTRICT
BOARD OF DIRECTORS

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President

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Vice President

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Director

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Director

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Director

 

Attest:

 

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Jean Shumate, Ed.D.
Secretary for the Board

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Date of Approval