Audit Committee

Purpose

To assist the Board in fulfilling its responsibility for oversight of the quality and integrity of the accounting, auditing, internal control and financial reporting practices of the Society on an annual basis.

Description

Under the direction of the Chair, this committee will review monthly financial reports, review the reviewed or audited financial statements generated by independent auditors and discuss them with management staff, finance staff, and the independent auditors when applicable, discuss with the management staff and the independent auditors the quality and adequacy of and compliance with the internal controls, hold occasional conference calls as needed.