Webinar: Rental Car Audits at Airports – Continuous Auditing & Benchmarking

Duration: 2 hours
Format: Two sessions – Continuous Auditing (1 hour) & Benchmarking with Open-Ended Discussion (1 hour)

Join us for an in-depth exploration of rental car audits at airports, where we will examine best practices, challenges, and innovative approaches to ensure compliance and revenue accuracy.  

Session 1: Continuous Auditing for Rental Car Agreements (1 hour)
This presentation will focus on the implementation of a continuous auditing program at San Diego International Airport specifically targeting Rent-A-Car (RACs) Companies. Using sample data from RACs, the case study will showcase how the program helped in identifying and rectifying discrepancies in rental car revenues, assisting in the selection of deep dive audits and improved adherence to contract and regulatory requirements. It will also address potential challenges, including initial setup costs, system integration issues, and the importance of clean data.

Session 2: Benchmarking & Open-Ended Discussion (1 hour)
Building on the first session, this interactive discussion will explore benchmarking strategies used to assess rental car agreements across different airports. Participants will examine key performance indicators, contract structures, and industry standards. The session will also feature an open-ended discussion, allowing attendees to share challenges, ask questions, and discuss emerging trends in rental car audits.

Who Should Attend?
This session is ideal for airport finance professionals, auditors, contract managers, and those responsible for overseeing rental car agreements and revenue compliance.

Key Takeaways:
How continuous auditing can improve contract oversight and compliance
Methods for benchmarking rental car agreements effectively
Opportunities to discuss challenges and insights with industry peers

CPE Letter

Session 1 will be provided by:

Lee Parravano, Chief Auditor

Lee started at the San Diego County Regional Airport Authority in April 2018. Prior to joining the Airport, Lee served for five years as the Internal Auditor at the San Diego City Employees’ Retirement System (SDCERS). Lee also worked for White Nelson Diehl Evans, an accounting, audit, and tax management advisory firm, as a senior audit manager for 11 years.

Lee holds the following Professional License/Certifications:

CPA, CIA, CGMA, CFE

Shane Ellis, Senior Auditor

Shane joined the Authority in February 2005. Shane started his auditing career at Arthur Andersen as a Tax Auditor for over three years and left the firm prior to the Enron debacle. Shane also worked for the County of San Diego as a Finance Auditor for five years and was the Controller and Director of Operations with two small high-tech business enterprises in Los Angeles and San Diego.

Shane holds the following Professional License/Certifications:

CIA, CRMA, CGAP