Audit Committee

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Role

The Audit committee’s role is to assist the Board of directors in fulfilling its oversight responsibilities in respect of financial reporting, financial management, risk management and control, external audit activities, and procedures applied by the Order to ensure compliance with applicable laws and regulations. To fulfill that role, committee members must understand their responsibilities, the activities and operations of the Order, and the risks to which it is exposed.

Responsibilities

The committee is a standing committee, and its responsibilities include:

  • Oversight of financial reporting
  • Oversight of risk management and control
  • Oversight of internal control and management of Risk Management
  • Oversight of risk management
  • Oversight of information security
  • Oversight of external audit activities
  • Compliance with laws and regulations applicable to Order activities
  • Other responsibilities

For more information, see the French version [+]

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