Finance and Audit Committee
The Finance and Audit Committee is a committee of AOC established to support the board of directors in fulfilling its responsibility to oversee the association’s financial strategy and performance. The primary role of the committee is to provide support and oversight of the adopted budget, long range financial planning, financial reporting, monitoring of internal controls/accountability and the annual audit.
The Finance and Audit Committee serves a dual purpose for the association:
- The Audit role involves oversight of the external audit process as described under “Audit Responsibilities.”
- The Finance role is to oversee the financial affairs of the Organization and review and make recommendations to the Board about the financial affairs and policies of the Organization, as described under “Finance Responsibilities.”
Up to seven members including: budget committee chair, immediate past president, and an OACES member.