'09 AUDIT COMM PUBLIC BOOK

UNIVERSITY OF VIRGINIA BOARD OF VISITORS MEETING OF THE AUDIT AND COMPLIANCE COMMITTEE JUNE 11, 2009 AUDIT AND COMPLIANCE COMMITTEE (Open Session) Thursday, June 11, 2009 3:00 – 3:30 p.m. Board Room, The Rotunda Committee Members: Austin Ligon, Chair Helen E. Dragas Don R. Pippin Robert D. Hardie Warren M. Thompson Vincent J. Mastracco, Jr. W. Heywood Fralin, Ex-officio AGENDA PAGE I. ACTION ITEM (Ms. Deily) 1 Audit Schedule, 2009 - 2010 II. INFORMATION ITEM (Ms. Deily) 7 Summary of Findings III. EXECUTIVE SESSION – LIST OF ITEMS IV. APPROVAL OF COMPLIANCE PROJECT SCHEDULE AND SUMMARY OF AUDIT FINDINGS UNIVERSITY OF VIRGINIA BOARD OF VISITORS AGENDA ITEM BOARD MEETING: June 11, 2009 COMMITTEE: Audit and Compliance AGENDA ITEM: I. Audit Schedule BACKGROUND: Ms. Deily will present the proposed Audit Schedule for the 2009-2010 Fiscal Year. This Schedule has been developed based on required work from state and external agencies, information risk assessment models, requests from management, and analyses of work performed in prior years. ACTION REQUIRED: Approval by the Audit and Compliance Committee and by the Board of Visitors APPROVAL OF THE AUDIT SCHEDULE FOR FISCAL YEAR 2009-2010 RESOLVED, the Audit Schedule for Fiscal Year 2009-2010 is approved as recommended by the Audit and Compliance ...