| 2008 Charge Sheet
AUDIT COMMITTEE |
|
Date established: |
2006 |
Established by: |
Board of Trustees |
Chair appointed by: |
President |
Length of term: |
Two years |
Members appointed by: |
President |
Number of members: |
Five |
| |
Current Members and Organizational Characteristics
The Audit Committee shall be comprised of a chair and four
(4) members to include three (3) chapter trustees, at least
one (1) of whom shall also serve on the Finance and Investments
Committee; one (1) member of the Finance and Investments Committee
who is not a chapter trustee; and one (1) financial expert
who may or may not be a member of the Society. The latter
shall be a voting member of the committee, but shall not be
eligible to serve as chair; and, if possible, shall be an
individual serving as chief financial officer or equivalent
for a landscape architecture firm of significant size and
budget.
Committee members shall be appointed by the president and
serve two (2) year terms with two (2) members appointed in
even years and three (3) members appointed in odd years. Outgoing
members shall not be eligible for reappointment for at least
three (3) years. The vice president of finance shall serve
as the committee's nonvoting liaison to the Executive Committee
and the Society’s chief financial officer shall serve
as its nonvoting staff liaison.
All meetings of the committee shall be closed, with the vice
president of finance and chief financial officer, and others
as required, participating at the committee’s discretion.
The committee shall meet annually with the Society’s
external auditor without the presence of ASLA staff.
|
Audit Committee |
Appointment |
|
Chair |
Vaughn Rinner
|
10/10/06-10/06/08 |
Members |
Dave Walters |
10/10/06-10/06/08 |
|
Joaquin Vendrell |
10/10/06-10/06/08 |
|
Stephanie Landregan |
10/09/07-09/21/09 |
|
Shawn Kelly |
10/09/07-09/21/09 |
| ExCom Liaison, Vice
President
Staff Liaison, Director/CFO |
Gary
Scott
Gerry Beaulieu |
Charge and Responsibility
The Audit Committee shall oversee the Society’s annual financial
audit process and provide independent oversight of its finances.
The committee represents and reports to the Board of Trustees. In general, its responsibilities include:
§
Selection of an independent auditor.
§
Review of audit processes and results reported by the independent
auditor.
§
Review of the annual audited financial statements and management
letter and provision of said documents to the Board of Trustees
with written opinion and recommendation on acceptance.
§
Review of financial information and reports.
§
Review of internal control procedures and accounting, reporting,
and compliance practices in conjunction with the ASLA executive
vice president/CEO and designated staff.
§
Receipt and investigation of reports of questionable or improper
accounting, internal control, or auditing matters and violations
or suspected violations of the Standards of Conduct in accordance
with the procedures outlined in ASLA’s Whistleblower
Policy; recommendation of appropriate corrective action
to the Board of Trustees, if warranted by the investigation.
Reporting
Reports on committee activity are included in the Program and Operations
Reports prepared quarterly for the Board of Trustees by the executive
vice president and staff liaisons. |
