INTERNAL AUDIT

Securing TRA business assets

The role of internal audit is to provide independent assurance that an organization’s risk management, governance and internal control processes are operating effectively.

The internal audit function was authorized by the TRA Board of Trustees. As a result, a charter was approved governing internal audit practices and the TRA Audit Committee.

Leslie Nagel was hired in 2009 as the TRA Internal Auditor. Leslie is a Certified Public Accountant (CPA), Certified Internal Auditor (CIA), and a Certified Employee Benefits Specialist (CEBS), as awarded by the International Foundation of Employee Benefit Plans. Before joining TRA, she was an Audit Manager for LarsonAllen, a regional public accounting firm.

lnagel@minnesotatra.org

Meeting schedule

All Audit Committee meetings are held at 9:30 a.m. in the TRA offices at 60 Empire Drive, Suite 400, St. Paul, unless otherwise indicated.

Agendas

November 13, 2018

March 19, 2019

June 11, 2019

Approved meeting minutes

Minutes are posted once they are approved at the following Audit Committee meeting.

November 13, 2018

August 8, 2018

April 10, 2018

February 20, 2018

November 14, 2017

August 15, 2017

 

Charter

Internal Audit Charter

Audit committee members

Chair: Marshall Thompson (appointed member of the TRA Board of Trustees)

Vice Chair: Mary Broderick ( Vice-president of the TRA Board of Trustees)

Member: Denise Anderson (Commissioner of Education designee)

Member: Angelina Barnes (Commissioner of Minnesota Management and Budget designee)

Member: Martha Lee Zins (President, TRA Board of Trustees)

 

Additional information

FY2019 Audit Plan

FY2018 Audit Plan

FY2017 Audit Plan

Internal controls bulletins (links to MMB website)

Office of the Legislative Auditor (OLA) reports: Retirement (links to OLA website)

MN Code of Conduct training (links to MMB website)