Audit Committee

 

Charge

To provide oversight of the annual CAP external audit.

This committee reports to the Board of Governors. View a list of the current committee members.

Commitment

Time Commitment Requirements
Number of face-to-face meetings 0
Length of meetings 1 hour
Number of conference calls 2-3 calls per year
Hours/year of committee work required outside of meetings 1 hour

Activities of Committee

  • Reviews the audit process with the auditors
  • Reviews the results of the audit process after the audit is completed
  • Discuss any issues related to the audit in an executive session with the auditors

Expertise or Experience

  • Some understanding of the CAP and a general business understanding

Benefits of Committee Membership

  • Participation on this committee exposits the member to the process that the auditors will be using during the audit

Representation on Committee Beyond the CAP

  • The audit partner and manager are the only outside representatives that attend the meetings
 

Interested in Joining this Committee?