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AUDIT COMMITTEE

 

POLICY:  I-2-II

DATE OF ADOPTION:  January 23, 2003

REVISION DATE(S):  

LEGAL REFERENCE: 

 RELATED ADMINISTRATIVE RULES AND REGULATIONS:  Policy III-1-2 “Financial Accounting System”

 

Recognizing the critical importance of proper financial management of the College, and the oversight responsibility of the SSC Board of Regents, an Audit Committee will be appointed annually by the Chair of the Board.

 

The Audit Committee will work with the President in reviewing financial matters of the institution. The Committee will serve in an advisory capacity to the full Board of Regents.

 

The specific duties of the Audit Committee include:

 

Meetings of the Audit Committee will be documented and kept on file in the Office of the President.