audit committee

NASRA Results of Survey on Audit Committees and Board Education Requirements Conducted December 2003 23 responses were received, all from NASRA members 1. Does your system have an audit committee? Yes: 16 No: 7 2. For respondents who answered Yes to Question 1: How many members comprise your audit committee? 1 member: 1 2 members: 1 3 members: 5 4 members: 2 5 members: 3 6 members: 2 7 members: 2 3. What positions or officers serve on the audit committee? • State Treasurer, State Controller and Director of Finance, although they are not necessarily on the committee by virtue of their office • Three members are trustees from the ERS Board of Trustees. The ERS Administrator and Assistant Administrator serve as staff support to the Committee • Two County Auditors, one former County Treasurer • Board Members • • • State Treasurer, Secretary Dept. of Budget and Management, Governor's Appointee, and Retired State Employee (Elected) All are Board Members • All members of the Board • Chairman of the Board, Retiree Representative of the Board • State Auditor, State Attorney General, Board chair, elected retiree • We have a five member board and one of the members is designated to be the contact for the independent auditors. • Board members only • Three board members, one of which is the State Auditor • Board chair, board vice-chair, board members • 5 Board members, 2 of which are the state auditor and state treasurer • Minimum of 5 ...