It features the latest news and events from the sailing world together with features and info in an easy-to-use format.
AN OFFICIAL
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www.sailing.org/ |
AN OFFICIAL
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www.sailing.org/ |
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Phillip Cotton (GBR) |
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Jan Dawson (NZL) |
W. Scott Perry (URU) |
6.1.4 Responsibilities
The duties of the Committee are as follows:
(a) ensure that appropriate financial reporting and internal control processes are in place and monitor those processes so that that the Board is properly and regularly informed on financial matters;
(b) recommend to the Board the appointment, tenure and remuneration of the external auditor;
(c) assess the independent of the external auditor;
(d) review the external auditor's annual audit plan and reports;
(e) review the draft annual financial reports for compliance with relevant laws and regulations and recommend approval to the Board;
(f) review the findings of the external auditor and ensure recommendations are actioned by management;
(g) review the effectiveness of internal controls and their application;
(h) review the financial management;
(i) review the risk management plan;
(j) review the management policies and processes to ensure their suitability to achieve compliance with risk management policy, codes of conduct and any statutory and regulatory requirements;
(k) supervise any special investigations requested by the Board on matters relevant to the Committee's role and responsibilities; and
(l) examine any other matters referred to it by the Board.
It features the latest news and events from the sailing world together with features and info in an easy-to-use format.