The SBA is committed to providing superior investment and trust services while adhering to the highest ethical, fiduciary and professional standards.

May 17, 2012
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Audit Committee

The Audit Committee (AC) exists to assist the Trustees of the State Board of Administration in fulfilling its oversight responsibilities in the areas of financial reporting, internal controls and risks assessment, audit processes, and compliance. The primary duties and responsibilities of the AC are to: Serve as an independent and objective party to monitor SBA’s processes for financial reporting, internal controls and risks assessment, and compliance, Review and appraise the audit efforts of SBA’s independent auditors and Office of Internal Audit. The AC currently consists of:

Kimberly Ferrell - appointed by the Governor
Rolf Engmann - appointed by the Chief Financial Officer
Judy Goodman - appointed by the Attorney General


Audit Committee Charter