CT Policy - Finance and Audit Committee Terms of Reference -

Cowichan Tribes Policy Policy Title: Finance and Audit Committee Terms of Reference Responsible Office(s): Finance Effective Date: 26 May 2009 Revision Date: Authority: Council Resolution 26 May 2009 Finance and Audit Committee Terms of Reference Policy Statement 1) It is the policy of Cowichan Tribes to ensure an ds ofuinancial administration system is in place, part of whichan i se ffective Finance and Audit Committee with well-defined responsibiliti es. 2) The Finance and Audit Committee is a committee ouf nCcil. Reason for Policy 3) The objective of this policy is to set out the ocosimtiopn, procedures and responsibilities of the Finance and Audit Commit.t ee Policy Application 4) This policy applies to Chief, Council, General Manra, gAessistant General Manager and Comptroller. Definitions 5) The following definition applies: a) financial competency is defined as financial experience, formal trainiing finance and/or completion of a finance orientatsioenss ion provided by Finance staff. b) staggered terms means the scheduling of terms of office so thl at almembers of the Committee are not selected at thme es atime, for example, Cowichan Tribes Policy: Finance and Audit Committee Terms of Reference Page 1 of 6 Cowichan Tribes Policy Policy Title: Finance and Audit Committee Terms of Reference Responsible Office(s): Finance Effective Date: 26 May 2009 Revision Date: Authority: Council ...