Audit Committee of the Board of Governors of McGill University

E407601

The Audit Committee of the Board of Governors of McGill University is a governing body subcommittee responsible for overseeing the university’s financial reporting, internal controls, and audit processes on behalf of the Board.

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Statements (40)

Predicate Object
instanceOf audit committee
university board committee
affiliatedWith McGill University
country Canada
follows applicable Canadian accounting standards
applicable Canadian auditing standards
policies of the Board of Governors of McGill University
formedBy McGill University Board of Governors
surface form: Board of Governors of McGill University
governingBodyOf financial governance aspects of McGill University
hasJurisdictionOver McGill University
hasParentOrganization McGill University Board of Governors
surface form: Board of Governors of McGill University

McGill University
hasScope compliance oversight
financial reporting oversight
internal control oversight
risk management oversight
languageOfWork English
locatedIn Montreal, Quebec, Canada
mayUseLanguage French
oversees audit processes of McGill University
financial reporting of McGill University
internal controls of McGill University
partOf McGill University Board of Governors
surface form: Board of Governors of McGill University
reportsTo McGill University Board of Governors
surface form: Board of Governors of McGill University
responsibleFor assessing effectiveness of internal control systems
assessing risk management practices
monitoring implementation of audit recommendations
monitoring integrity of financial statements of McGill University
overseeing compliance with applicable laws and regulations related to finance
overseeing internal audit function
overseeing relationship with external auditors
recommending appointment of external auditors to the Board of Governors
reviewing annual financial statements before Board approval
reviewing auditor independence
reviewing external audit plans
reviewing internal audit plans
reviewing quarterly financial information when applicable
reviewing significant audit findings
sector higher education
website https://www.mcgill.ca/ (organizational portal; specific committee page under governance/board)

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Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

McGill University Board of Governors hasCommittee Audit Committee of the Board of Governors of McGill University