Washington State Auditor's Office 
Troy Kelley 
Independence  Respect  Integrity 
Exit Conference 
Port of Seattle 
December 3, 2013 
Jim Griggs, Audit Manager 
Matthew Rose, Assistant Audit Manager

Agenda 
Advantages of Audit 
Types of Audit 
Your Audit 
Status of prior audit recommendations 
Report publication 
Next scheduled audit 
Customer service survey 

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Advantages of Audits 
Protects the interests of the taxpayers. 
Provides unbiased recommendations. 
Helps identify weaknesses in internal controls. 
Helps prevent errors and fraud. 
Saves money. 


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Types of Audits 
Accountability Audit 
Determine if controls are in place to protect public
resources and if the entity is in compliance with laws
and regulations relating to financial matters. 
Financial Statement Audit 
Ensure that financial statements are materially
correct. 
Single Audit 
Determine if controls are in place to protect federal
resources and if the entity is in compliance with
applicable federal laws and regulation. 
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Types of Audit Recommendations 
Exit Items: 
Not part of the report. 
Identifies areas of minor concern. 
Management Letter: 
Referenced in the report. 
Identifies areas of significant concern. 
Findings: 
Included in the report. 
Identifies areas of material concern. 
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Your Accountability Report 
Accountability Report 
Manage, use, and safeguard public resources 
Internal controls 
Negative assurance 

"In the areas we examined, the Port's internal controls
were adequate to safeguard public assets. The Port also
complied with state laws and regulations and its own
policies and procedures in the areas we examined." 

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Your Accountability Audit 
Police department 
Citations 
Investigative/confidential fund 
Cash receipting 
Property room 
Disposition of property 
Seizure & forfeiture reporting 
Safeguarding of firearms & ammunition 

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Your Accountability Audit 
State Grants 
Review of annual report presentation and
compliance with contract compliance for
Department of Ecology grants 
On-call contracts 
Focus on public works contracts below
$300,000 
Compliance with procurement and
prevailing wage requirements 
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Your Accountability Audit 
Third-party cash receipting 
Review of contract monitoring and reconciliation
process 
Open public meetings act 
Conflict of interest 
Bell Harbor 
Review of internal audit work and status of
recommendations 
Industrial Development Corporation 
Trade and tourism disbursements 
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Recommendations 
No management letters or findings 
Exit items 
Discussed with Accounting, Internal Audit, and
Executive Management team. 
Shared with Audit Committee.


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Status of Prior Audit Recommendations 
Parking garage revenue  partially resolved 
Review of corrective action taken by Port (old
system and review of report) 
ABC Fuels program - resolved 
Review of approval and use of new tariff 


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Report Publication 
Released electronically 
Email 
Subscription Service - 
www.sao.wa.gov/EN/News/Subscriptions 
Released two to four weeks from today 
Separate report for the Industrial
Development Corporation 

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Next Scheduled Audit 
Scope 
Accountability 
Period covered 
January 1, 2013 to December 31, 2013 
Anticipate timeline 
October to December 2014 
Budget 
1,000 hours at current billing rate of $83.60 or
$83,600 plus travel costs. 
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Customer Service Survey 
Provides feedback on 
Audit staffing 
Audit quality 
Emailed to: 
Debbi Browning 
Website resources available year-round 
Client helpdesk 
Local government performance center 

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