Port Audit Committee
On June 13, 2006, the Port Commission formally established the Audit Committee. The Audit Committee represents the commission and provides review and oversight authority on matters relating to the Port’s internal control environment. The Audit Committee consists of at least two members of the Port of Seattle Commission and one public member approved by the commission. Commission members of the Audit Committee, as well as the committee chair, will be selected by the commission president at the beginning of each calendar year.
2023 Audit Committee Members
The Audit Committee meets four times per year, as noted on the Commission Meetings page. At these meetings, internal audit results are presented and discussed. Also discussed are the results of external audits performed by outside agencies and firms. This public forum provides for increased transparency, accountability, stronger internal controls*, and reduced business risk.
Internal Audit reports to the Audit Committee and is led by Glenn Fernandes.
Internal Audit is uniquely positioned to provide independent assessments of key business processes and systems within the Port. The team is a valuable resource that provides unfiltered information to the Audit Committee and more broadly to the Commission and Executive Director. Final audit reports are also made available to the public for a 6 year retention period on this site. For audit reports older than 6 years, check on the Commission Meetings Page, or fill out a public information request.
Audits are generally grouped into these categories:
- Limited Compliance
- Information Technology
Our audits are designed to add value by:
- Identifying and assuring remediation of control weaknesses.
- Identifying opportunities to make processes more lean and efficient.
- Recommending changes to governance so that effective oversight is achieved.
With a broad understanding of operational processes, Internal Audit plays an integral role in providing an objective assessment to position the Port to accomplish its strategic objectives and Century Agenda. This is done through open and honest communication with the goal of increasing efficiency, transparency, and accountability.
At the end of each year, an Annual Summary of Internal Audit is presented to Commission: