The Audit Committee is appointed by the Board of Directors to assist the Board in fulfilling its responsibilities for oversight and accountability. The Audit Committee's primary duties and responsibilities are to:

1. Ensure risk management and internal control systems are in place and monitor their effective operation, including those risks that could affect the reliability of financial reporting.

2. Monitor the quality and integrity of the Association's financial and management reporting processes, including compliance with legal and other requirements.

3. Oversee the independence, qualifications, and performance of the external auditor and the Internal Audit Director.

4. Ensure that the environmental management policy and systems are in place and operating effectively, and monitor compliance with all legislation and regulation.

5. Ensure that a code of conduct and conflict of interest guidelines are in place and monitor their operating effectiveness.

6. Provide an avenue of communication among the external auditors, management, the internal auditing department, members and the Board of Directors.

Audit Committee Members

For 2012-2013, the directors appointed to the committee are: Roy Goodall (Committee Chair), Peggy LeSueur, Laura Sullivan and Lisa Wise.

The Audit Committee Charter

The Governance Committee assists the board in the development and implementation of its governance model.

Our Governance Committee Charter

Lead in the review of by-laws, rules of order and the Directors' Manual.

Review the board's communication policy, develop and review a communication plan for communicating with members regarding the board's governance role, and monitor the implementation of the Association's communication and business continuity and crisis plans.

Assist the board in discharging its responsibilities for the democratic process, including the annual general meeting.

Review the representational responsibilities of the board annually.

Review and develop board policies, including aspects of board succession planning. 

Governance Committee Members:  Lisa Wise, (Chair) Johanna Bates, Roy Goodall and Peggy LeSueur.

This committee's mandate is to assist the board in matters relating to board and executive remuneration, evaluation and board education, training and development.

Committee Members include: Laura Sullivan, (Chair) Johanna Bates, Randy Kott and LIsa Wise.

The committee’s mandate is to educate members about co-operatives and Calgary Co-op. The committee assists the board in its role of maintaining and improving the viability of the Association through programs that increase interest, understanding and commitment of members, foster new member development, and generate a positive feeling of ownership among our member-owners.

Committee Members include: Terry Geib, (Chair) Myra D'Souza Kormann and Randy Kott

The MRC also enables management and the board to stay close to our members and provides a forum for us to listen to ideas and suggestions directly from members on how to make Calgary Co-op the best it can be for all members.

The average time commitment is 3-5 hours every other month for this volunteer position. For specific information about the role of our MRC, how you can become involved, the commitment requirement, click here.

Please note: The deadline for applying for the MRC for 2011 has passed. Applications will be accepted for the year 2012 starting in March 2012. 

Thank you for your interest.