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.