Audit Committee Member Needed
BTPS is seeking one public member to serve on its Audit Committee. Established as per the Education Act Section 142, the purpose of the Audit Committee is to assist the Board of Trustees in fulfilling its due diligence for the financial reporting process, the system of internal control over financial reporting, and the audit process.
The Audit Committee meets two times per year, with authority to convene additional meetings as circumstances require.
Membership criteria:
Committee members should be well regarded in their communities and shall:
- be financially knowledgeable, meaning the ability to read and understand complex financial statements and accounting issues
- be independent from the school division and not have a pecuniary interest in the school division
- have no financial interest to our external Auditors MNP
- provide assurance that their employment or involvement in other activities will not place them
in a conflict-of-interest position - be an active resident within the division
Terms of Reference for Audit Committee can be viewed at the BTPS Website - HERE
Per Diem for public members is at the established meeting rate for trustees and mileage reimbursement is compensated at the jurisdictional rate, see BP101 Board Operations Section 4.4 and 4.5.2.2.
Interested parties should forward a resume or letter of interest to Peter Neale, Secretary Treasurer email: peter.neale@btps.ca by October 11, 2024.