audit

Year 2009-10 UNIVERSITY OF MINNESOTA BOARD OF REGENTS Audit Committee September 10, 2009 A meeting of the Audit Committee of the Board of Regents was held on Thursday, September 10, 2009 at 8:15 a.m. in the East Committee Room, 600 McNamara Alumni Center. Regents present: Steven Hunter, presiding, Linda Cohen, Richard Beeson, John Frobenius, Maureen Ramirez, and Patricia Simmons. Staff present: Chancellors Charles Casey and Jacqueline Johnson; Senior Vice President and Provost Thomas Sullivan; Vice Presidents Kathryn Brown, Steve Cawley, Timothy Mulcahy, and Richard Pfutzenreuter; Executive Director Ann Cieslak; and Associate Vice Presidents Gail Klatt, Stuart Mason, and Michael Volna. Student Representatives present: Christina Brakken-Thal and Jennifer McCabe. PEER REVIEW REPORT: FOLLOW-UP Regent Hunter recalled for the committee their July 2009 discussion of the March 2009 Quality Assurance Review (Review) of the Office of Internal Audit relating to a follow-up of “essential” comments that have been issued in a formal report. Because both “essential” and “significant” comments are included in final reports, the ...