Audit Committee
Charge & Membership

Audit Committee Charter and Guidelines

At least four trustees shall be elected as the Audit Committee. They shall make or cause to be made annually a complete audit of the accounts of the University and its constituent parts and shall make report thereon annually to the Board. Primary functions of the committee shall include: (1) recommend to the Board the appointment of the external auditors for the ensuing fiscal year; (2) review the annual audit plans for the external audit firm and the internal auditor; (3) review the results of the prior year’s external audits, engaging in such consolation with the external audit firm and the internal auditor as may be necessary or desirable; (4) request periodic reports from administration, the internal auditors or the external auditors to assess the impact of significant regulatory, accounting or other significant matters that have a bearing on the University.