Mandate
This Committee will provide oversight to the annual audit process, and provide any other financial advice as requested.
Committee Membership
Chair: Treasurer
One (1) Officer
Three (3) members
Executive Director, as needed
Roles and Responsibilities
Report to the Board on a annual basis
Oversee the annual external audit process
Present the financial report, including the annual audited statements, at the Annual General Meeting
Consult external counsel or advisors based on recommendation deemed appropriate by the Board
Ensure financial records are accurate through the audit process
Reporting
The Treasurer is responsible for reporting on a regular basis to the Board.
The Treasurer is responsible for reporting to the membership on an annual basis.
Reporting may be for information and/or discussion.
The Operations Administrator serves as a resource for the committee.
Level of Authority
Limited agent: In consultation with the Board, the committee can take action after the Board has agreed to the advised action.
Executive Board Approved: September 25, 2024