The Finance and Audit Committee policy must also include the steps for committee meetings, including that:
there must be the... [more]
Resources on Aboriginal Economic Development
The Finance and Audit Committee policy must also include the steps for committee meetings, including that:
there must be the senior manager and the senior financial officer at all committee meetings, allowing for some exceptions. These officers attend the meetings to present information and answer any questions. They cannot vote and are not members of the Finance and Audit Committee
the committee must keep written records of who came to the meetings (committee members, the senior manager, and the senior financial officer)
the number of committee members required at a meeting must be at least half (50%) of the total number of committee members, including at least one Councillor
each member of the committee can have one vote on any question, so long as there are no conflicts of interest
votes that end in a tie will be decided as it is outlined in the First Nation’s FAL
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The Finance and Audit Committee policy must also include the steps for committee meetings, including that:
there must be the... [more]
The FAL requires that a policy is created and followed that includes procedures around Finance and Audit Committee member appointment,... [more]
The Finance and Audit Committee reports to Council and has a financial and audit oversight role. These must be defined in the terms of... [more]
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