JCCC Board of Trustees meeting packet - May 2010 - Johnson ...

AUDIT COMMITTEE MEETINGMinutesMay 10, 2010 8:00AMPresent:Jon Stewart, Trustee ChairmanDon Weiss, TrusteeDr. Terry Calaway, PresidentMia Frommelt, Partner, McGladrey & Pullen, LLPKurt Manske, Partner, Grant Thornton, LLPDr. Joseph SopcichBob PraterEllen FisherDenise MooreSandra WarnerShannon FordMary O’SullivanJim BrownJanelle VoglerJo Ann KonecnyNorma DelaorraJustin McDaid Introduction:Ms. Vogler introduced Justin McDaid, the candidate selected for the position of Internal AuditManager. Mr. McDaid is scheduled to begin work June 3, 2010, pending board approval.6/30/10 Financial Statement AuditMia Frommelt, Partner, McGladrey & Pullen, was present to hold the annual planning meetingfor the 6/30/10 audit. She gave an overview of the planned audit procedures.External Audit Engagement LetterThe committee reviewed the arrangements letters for services to be performed by McGladrey &Pullen, LLP for the audits of Johnson County Community College and the Johnson CountyCommunity College Foundation. The committee agreed to bring forward a recommendation torenew the contract for an additional year consistent with the terms of McGladrey & Pullen,LLP’s original proposal and fee structure.RECOMMENDATION:It is the recommendation of the Audit Committee that the Board of Trustees accept thecollege administration’s recommendation to renew the contract for annual financial auditservices for the college’s fiscal year ending June 30, 2010 with McGladrey & Pullen, LLP atan amount not to exceed $88,505.00Active Directory AuditMr. Manske, Partner Grant Thornton presented the findings and recommendations of the ActiveDirectory Controls Assessment Audit. The scope of this audit primarily dealt with security of13