Audit Committee

The Audit Committee is comprised exclusively of Board of Trustee members. They must meet with the President, Financial Vice President and Treasurer, Chief Internal Auditor and independent public accountants.

The Chief Internal Auditor and independent public accountants are afforded access to the Committee without management's presence. Audit results and the quality of financial reporting are discussed at these sessions.

The Audit Committee:

• Reviews and approves the Internal Audit Department's Annual Audit Plan for the University.
• Reviews the independent auditor's proposed audit scope, results of the annual financial audit, and management recommendations.
• Oversees Internal Audit activities, including review of all audit reports.
• Recommends to the Board of Trustees the selection/retention of the independent public accountants.