Audit Standing Committee

Type: 
Committee of the Whole/Standing Committee
The Audit Standing Committee is a Council appointed committee reporting directly to Council on the matters below:   
• Financial reporting
• Internal control systems
• Risk management
• Legal and regulatory compliance
• The external audit process
• The internal audit function
 
The Audit Standing Committe is chaired by a member of the public and comprised of a minimum of five members from the following stakeholder groups:
  • two residents serving as public members (1 serving as Chair)
  • a minimum of three Council members 
Agendas for this Committee can be found here and Minutes for the Committee can be found here.   For further information on the Committee's mandate and membership composition, please refer to the attached Terms of Reference.