METROPOLITAN COUNCIL AUDIT COMMITTEE CHARTER

????????METROPOLITAN COUNCIL INTERNAL AUDIT CHARTER A. AUDIT COMMITTEE PURPOSE: The Metropolitan Council has established a special committee of the Council to be called the Metropolitan Council Audit Committee. The purpose of the Committee is to assist the litan Council in fulfilling its oversight responsibility for the integrity of the Council’s financial and operational results, compliance with legal and regulatory requirements, and the performance of internal audit and external auditors. AUTHORITY: The Audit Committee has authority to conduct or authorize special audits and investigations into any matters within its scope of responsibility. It is empowered to: Approve the Chief Audit Executive’s Audit Plan. Resolve any disagreements between management and the internal/external auditors regarding financial or operational control and reporting. Review and accept external auditors’ reports along with management’s written responses when appropriate. Obtain information from employees or external parties as part of its review. Council employees are directed to cooperate with Audit Committee requests. Meet with Council employees, external auditors, legal counsel, or others as necessary. Be consulted regarding changes in the Chief Audit Executive’s duties. Be informed of all matters that impair the conduct of an audit or review. However, where feasible such matters shall be first brought to the attention of the Regional Administrator for ...