Finance and Audit Committee [First Nations Financial Management Board, FNFMB]

First Nations Financial Management Board
Publisher acronym:
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A Finance & Audit Committee (FAC) is a committee that oversees the financial reporting and audit functions of a First Nation. It provides forward-thinking oversight of the investments of a First Nation and supports Council in making good financial decisions.

The Finance and Audit Committee reinforces Council’s accountability and transparency to its members. It is important to understand that it is a recommending committee only and has no decision-making authority.

Finance and Audit Committee Presentation (PDF)
Finance and Audit Committee Calendar (PDF)
** Demystifying Finance and Audit Committee Video / See Video Transcript
Sample Job Posting (DOCX)
Sample Terms of Reference - 1 (DOCX)
Sample Terms of Reference - 2 (DOCX)
Sample FAC Member Financial Competency Guidelines (DOCX)