Audit – Committees - Foundation - University of California: Irvine

Committee Mission:
Assist the Board in fulfilling its fiduciary responsibilities by selecting independent accountants for the annual audit and reviewing audited financial reports.

Chair:

Joe Dunn

Members:

Joe Dunn, Chair
Tom Nielsen

UA Partner:

Christie Israel

Committee Membership

Committee Chair
Appointed Trustees
The Foundation Chair and Foundation President shall serve as ex-officio members

Committee Members Roles and Responsibilities

Review (1) the financial reports provided by the Foundation to the Attorney General, the University of California, Irvine and to the general public, and (2) the Foundation’s internal financial and accounting controls
To oversee the appointment, compensation, retention and oversight of the work performed by any independent public accountants engaged by the Foundation
To recommend, establish and monitor procedures designed to improve the quality and reliability of the disclosure of the Foundation’s financial condition and results of operations