Page 19 - 100 Day Report-2021

100 Day Report
100 Day Report
Financial Reporting – Conduct and integrity of financial reporting.
Risk Management – Inclusive of internal accoun- ting and disclosure controls.
Audit Function – Oversight of and communi- cation with independent auditors, both internal and external.
Long-term and Short-term Goals
• Convene appointed committee members (October 2020).
• Develop timeline for 2020 audit engagement; review and approve auditor’s plan for the audit. • Review most recent audit and interim financial
reports.
• Review responsibility of the public accounting
firm.
Goals for the 2020–22 Biennium
• Successful oversight of financial reporting
• Annual audits with unmodified opinions for
2020 and 2021
• Anticipated recommended processes, if con-
sidered by the Grand Executive Committee and if institutionalized, would lead to orga- nizational success
•Responsibilities relating to the independent auditor
• Procedures for handling complaints • Authority to engage advisers
• Funding
Proposed Schedule of Meetings Through De- cember 31, 2020
October 22, 2020 November 19, 2020 December 10, 2020
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