Policy #17: Audits
Each year, the Board shall appoint an auditor, and the Board will furnish a duly audited
financial statement and summary, available for public perusal, in compliance with
Section 41 of Manitoba’s Public Schools Act.
The Board shall appoint an Audit / Finance Committee on an annual basis to monitor the internal control function.
The Audit / Finance Committee shall meet annually with the appointed external auditor both to receive and review matters that may be reported by the auditor, and to receive and review the Audited Financial Statements.
The Board may sign a multi-year agreement with an auditor but must bring forward a motion each year approving the appointment of their auditor.
Reference:
Policy 1 – Vision, Values and Mission
Policy 9 – Board and Superintendent Relationship
Legal Reference: The Public Schools Act
Date Adopted: February 2017
Date Amended: April 2021; May 16, 2023