Fire & Police Pension Association Audit Committee Audit Committee Meeting Minutes
The committee conducted an annual review of open audit findings and discussed independent auditor reports, including the Governmental Accounting Standards Board (GASB) Statement No. 68 Report and various audit plans for the end of the year. Internal auditor reports were reviewed, covering the Cash Overlay Process Evaluation, Artificial Intelligence Consulting, and a risk assessment. Additionally, the committee approved the 2026 Internal Audit Plan, which includes audits for online retirement application processes, disability eligibility automation, death intake workflow, and Business Central implementation. The committee also finalized the 2026 meeting dates and reviewed the evaluation of internal audit services provided by Armanino, LLP. Executive sessions were held to discuss confidential investment information and IT security assessments.