Seattle Port Commission

Audit Committee Meeting

Tuesday, May 3, 2011

9:00 a.m. – 11:00 a.m.

Port of Seattle Headquarters

Pier 69

Commission Chambers

Attendees:

Commissioner Rob Holland

Commissioner Tom Albro

Committee Public Member Christina Gehrke

CEO Tay Yoshitani

Presenters:

Joyce Kirangi, Director, Internal Audit Department

Laurie Tish, Moss Adams

Rudy Caluza, Director, Accounting and Financial Reporting

Lisa Lam, Senior Manager, Financial Reporting and internal Controls

Staff:

Tom Barnard, Policy Analyst, Port of Seattle Commission

Paul White, Commission Records Coordinator

Agenda

Approval of Audit Committee minutes

for April, 2011

Audit Committee

Results of the 2010 Audit

Laurie Tish, Moss Adams

Selection of External Audit Services for

the Financial Statement, Single Audit

and Passenger Facility Charge Audit

Rudy Caluza, Director, Accounting and Financial Reporting

Lisa Lam, Senior Manager, Financial Reporting and internal

Controls

Discussion of Long-Range Goals and

Objectives

Tom Barnard, Policy Analyst, Port of Seattle Commission

Joyce Kirangi, Director, Internal Audit Department