O f f i c e o f t h e W a s h i n g t o n S t a t e A u d i t o r
Accountability Audit
Exit Conference
Presented to Port of Seattle
Audit Committee
February 12, 2019
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W a s h i n g t o n S t a t e A u d i t o r ’ s O f f i c e
Audit Scope
Accountability audit for 2017 (see draft report).
Audit Results in Brief
In most areas we audited, the Port operations complied with
applicable requirements and provided adequate safeguarding
of public resources.
The Port also complied with state laws and regulations and its
own policies and procedures in most areas we examined.
However, we noted certain matters we communicated to Port
management in a letter, relating to compensation increases.
Executive Summary
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W a s h i n g t o n S t a t e A u d i t o r ’ s O f f i c e
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Compensation increases for non-represented employees
Reviewed controls over the job evaluation process
Compliance with the Commission approved Salary and Benefits
Resolution
Audit results: management letter and exit recommendations
Accountability Areas Examined
W a s h i n g t o n S t a t e A u d i t o r ’ s O f f i c e
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Salmon Bay Marina
Reviewed internal controls and selected revenue transactions to
ensure fees were calculated in compliance with established tariffs
and revenue was receipted, recorded, deposited, and timely.
Audit results: no issues
Accountability Areas Examined
Audit highlight: we appreciate the Salmon Bay Marina’s commitment to
safeguarding of public funds and developing control systems that ensure
compliance with laws and regulations.
W a s h i n g t o n S t a t e A u d i t o r ’ s O f f i c e
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Rooftop Plaza
Reviewed controls over charges and billing.
Audit results: no issues
Assets Susceptible to Loss and Theft
Reviewed controls over the safeguarding, tracking, and monitoring.
Performed physical inventory of selected assets.
Audit results: exit recommendation
Accountability Areas Examined
W a s h i n g t o n S t a t e A u d i t o r ’ s O f f i c e
Audit cost
Total estimated cost: $98,100
Next scheduled audit – September 2019
Accountability for Public Resources
Review of CPA work papers
Report publication
Concluding Remarks
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Audit highlight: we appreciate the collaboration and assistance from
our Audit Liaison. She helped ensure a smooth audit process from
start to finish.
