Peer review Exit Interview
Exit Conference for PORT OF SEATTLE Internal Audit Department Peer Review September 11, 2012 1 Peer Review Results I Peer Review Government Auditing Standards Results o Pass: complies with Standards II Government Audit Standards International Standards for the III Internal Audit Standards Professional Practice of Internal Auditing IV Conclusion o Pass with Deficiencies: partially Complies with Standards Association of Local Government Auditors 2 Government Auditing Standards Review I Peer Review Review encompassed: Results o Written policies and procedures II Government o Internal Monitoring Process Audit Standards o Sample of audit workpapers o Department's independence, training and III Internal Audit Standards staff development o Interviews with staff, Audit Committee IV Conclusion liaison, Senior Management Association of Local Government Auditors 3 Government Auditing Standards Results I Peer Review Internal Audit Department received Results "highest" rating: II Government o "Internal Audit Department's internal quality Audit control system was suitably designed and Standards operating effectively to provide reasonable assurance of compliance with Government III Internal Audit Standards Auditing Standards" Management Letter Issued IV Conclusion o Identified areas of excellence o Recommended areas of improvement o Implement Annual Monitoring of Quality o Update Auditor's Handbook Association of Local Government Auditors 4 Internal Audit Standards I The Peer Review Encompassed: Review Team o Quality Control System II Government o Independence and Audit Department Charter Audit Standards o Risk Assessment and Annual Audit Plan o Required Communication with Audit III Internal Audit Standards Committee o Follow up on prior audit issues IV Conclusion o Sample of audit workpapers o Department's independence, training and staff development o Interviews with staff, Audit Committee liaison, Senior Management Association of Local Government Auditors 5 Internal Audit Standards I The Peer Internal Audit Department received Review Team "medium" rating: II Government o "except for deficiencies noted below,... the Audit internal quality control system was suitably Standards designed and operating effectively to provide reasonable assurance of conformance with the III Internal Audit Standards" Standards IV Conclusion Deficiencies noted: o Update and Implement Audit Charter o Provide Mandatory Communications o Update Auditor's Handbook Association of Local Government Auditors 6 Internal Audit Standards I The Peer Management Letter: Review Team o Identified Areas of Excellence II Government o Recommended Areas of Improvement Audit Standards o Update & Implement Audit Department Charter III Internal Audit o Provide Mandatory Communication to Audit Standards Committee required by Standards IV Conclusion o Update Auditor's Handbook Association of Local Government Auditors 7 Conclusion I The Peer ALGA and the Peer Review Team Review Team would like to commend the Port of II A.L.G.A. Seattle Internal Audit Department for III Auditing completing a Peer Review Standards IV Review Objectives Peer Review Team would like to thank the Port of Seattle for their V Conclusion hospitality and professionalism during the Peer Review process Association of Local Government Auditors 8
Limitations of Translatable Documents
PDF files are created with text and images are placed at an exact position on a page of a fixed size.
Web pages are fluid in nature, and the exact positioning of PDF text creates presentation problems.
PDFs that are full page graphics, or scanned pages are generally unable to be made accessible, In these cases, viewing whatever plain text could be extracted is the only alternative.