Minneapolis Audit Committee Agenda

Regular Meeting
 April 25, 2012
9:30 a.m. - Room 317 City Hall

NOTE: All cellular telephones and electronic devices to be switched to a non-audible function during Council and Committee meetings.

Committee Members Present: Council Members Diane Hofstede, Barbara Johnson, Betsy Hodges; Minneapolis Park & Recreation Board Representative Mark Oyaas; Citizen Members Stephanie Woodruff and Darrell Ellsworth (quorum 4)

Council Committee Coordinator:  Peggy Menshek (612) 673-2287 peggy.menshek@minneapolismn.gov

 1.  Adopt Agenda.
     Action Taken:  Adopted, as amended to consider Items 5 and 6 following Item 7.

 2.  Accept Minutes of the Regular Meeting of March 28, 2012.
      Staff Report: Audit Minutes 20120328  
     Action Taken:  Accepted.
 

Unfinished Business

 3.  Audit Committee Workshop Update.
      Action Taken:  None.

New Business

Department of Internal Audit 

4.   2011 Internal Audit Annual Report.
     Staff Report:  2011 Internal Audit Annual Report;  PowerPoint.
     Action Taken:  Received and filed, with recommendation that the following matters be referred to the City Council:

     a)  The findings from Report No 2011-07 "Bank Account Reconciliation, Bank Account Access and ACH Transaction Review"  regarding all authorized users of Commercial Electronic Office (the portal used by Treasury management to monitor and manage Wells Fargo banking activities) having a high dollar wire transfer transaction limit representing unnecessary risks to the City; and the findings from said report relating to background checks for employees with high dollar wire transfer transaction responsibilities; and
     b)  That the Internal Auditor be included in the City’s Department Leadership meetings.

 5.   Information Technology (IT) External Penetration Assessment Report:
       a)  Review Internal Audit Report;
       b)  Direct staff to publish the report.
       Staff Report:  External Penetration Assessment;  PowerPoint
       Action Taken:  a)  Received and filed; b)  Approved direction to staff to publish the final report.

 6.   Information Technology (IT) Database Access Review Report:
       a)  Review Internal Audit Report;
       b)  Direct staff to publish the report.
       Staff Report:  Database Access Review;  PowerPoint
       Action Taken:  a)  Received and filed; b)  Approved direction to staff to publish the final report.

Report of Internal Auditor

 7.  Update on audit activities:
      First Quarter Action Plans Update.   
      Staff Report:  Not available at time of web publication.
      Action Taken:  None.

Announcements

Adjournment 

Notice: A portion of this meeting may be closed to the public pursuant to Minnesota Statutes Section 13D.03 or 13D.05.

Next Regular Meeting:  May 23, 2012

Web Site Address:  www.minneapolismn.gov

Attention: If you need this material in an alternative format please call Ahmed Muhumud at (612) 673-2162 or email Ahmed.Muhumud@minneapolismn.gov. Deaf and hard-of-hearing persons may use a relay service to call 311 agents at (612) 673-3000. TTY users may call (612) 673-2157 or (612) 673-2626. Attention: If you have any questions regarding this material please call 311 or (612) 673-2046  Hmong - Ceeb toom. Yog koj xav tau kev pab txhais cov xov no rau koj dawb, hu (612) 673-2800; Spanish - Atención. Si desea recibir asistencia gratuita para traducir esta información, llama (612) 673-2700; Somali - Ogow. Haddii aad dooneyso in lagaa kaalmeeyo tarjamadda macluumaadkani oo lacag la’ aan wac (612) 673-3500. If you need a disability related accommodation, please contact CouncilCommitteeCoordinators@minneapolismn.gov.

 

 

Last updated Jun. 19, 2012