The Audit Committee provides independent oversight of the City’s financial reporting on behalf of City Council and the public. Its six members are residents of Yellowknife and include:

  • a Member of Council
  • an accountant
  • a lawyer
  • a professional engineer
  • a community member with senior management experience in a large organization

The Mayor also serves as an ex officio voting member.

What the Committee Does

The Audit Committee meets at least four times a year, including at least two sessions with the City’s auditors without City management present. Key responsibilities include:

  • recommending internal and external auditors for appointment by Council
  • reviewing auditor findings with City management
  • providing regular updates to City Council
  • preparing an annual letter for the City’s financial statements outlining the Committee’s work
  • carrying out any additional tasks assigned by Council or deemed necessary by the Committee

More information is available in the Audit Committee By-law No. 4127

Next Meeting

The date of the next Audit Committee meeting will be announced once confirmed.