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COMPLIANCE AND RISK MANAGEMENT
Audits
If the Trust self-insures any Trust benefits, the Trust is subject to audit by the Washington State
auditor, and it is the policy of the Trustees to assist as necessary with the audit.
- In such event,
the Trust has decided to assume a risk of loss and will have available for inspection by the state
auditor a written report indicating the class of risk or risks the Trustees have decided to assume.
- The Trust is audited annually by an independent auditor for purposes of compliance with the
Internal Revenue Code and for completing Form 990., the Trust Agreement and other applicable
law.
- Cross Reference: Trust Procedure 200.1P ...
5. Trust Policy 420 - Audits REVISED 
