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Board accepts peer-review auditor's pass after appeal
Summary
Trustees reviewed a peer review audit and were told an auditor who had earlier received a deficient review appealed and subsequently passed a second peer review, leading the board to accept her rating.
The Oklahoma County Retirement Board reviewed a recent peer review audit and noted the auditor received a passing rating on the most recent peer review.
A committee member explained the auditor appealed an earlier peer review that had found deficiencies; a different reviewer conducting a second peer review determined the prior deficiencies were no longer present. The committee member said, based on the second review, the auditor met criteria to perform the board's audit.
Board members treated the report as informational; no formal motion to remove or replace the auditor was recorded in the transcript.
