Policy #17: Audits
Each year, the Board of Trustees (the Board) shall appoint an auditor, and will furnish a duly audited financial statement and summary, available for public viewing, 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: Public Schools Act
Date Adopted: February 2017
Date Amended: April 2021; May 2023; May 2025
Date Reviewed: March 2025