Title
Receive report from EAA staff regarding the recently accepted 2016 audit conducted by RSM US LLP.
Body
STAFF RECOMMENDED MOTION:
None. This item is for informational purposes only.
SUMMARY:
At the April 11, 2017 board meeting, the EAA’s external auditor, RSM US LLP, presented the fiscal 2016 audit and the board subsequently accepted this audit report. As RSM US LLP did not have the final audit report prepared for the March 28 Finance/Administrative Committee meeting, this item was presented directly to the full board. EAA staff did not have an opportunity to review and respond to the management findings of the audit as in previous years.
The purpose of this item is for EAA staff to have a discussion with the Finance/Administrative Committee to clarify the management points as identified by RSM US LLP in their final audit report, and to answer any questions the committee may have for staff.
STRATEGIC PLAN REFERENCE:
This agenda item does not relate to a specific goal within the Strategic Plan, but supports the general EAA mission.
FISCAL IMPACT:
None.