Audit Committee

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 2010-2011, the directors appointed to the committee are: Barry Ashton (Committee Chair), Roy Goodall, Randy Kott, Rick Smith and Lisa Wise.

Audit Committee Charter

The Audit Committee Charter may be downloaded by clicking here.