Audit Committee of the Board of Governors of McGill University

E407601

The Audit Committee of the Board of Governors of McGill University is a governing body subcommittee responsible for overseeing the university’s financial reporting, internal controls, and audit processes on behalf of the Board.

All labels observed (1)

How this entity was disambiguated

Statements (40)

Predicate Object
instanceOf audit committee ⓘ
university board committee ⓘ
affiliatedWith McGill University ⓘ
country Canada ⓘ
follows applicable Canadian accounting standards ⓘ
applicable Canadian auditing standards ⓘ
policies of the Board of Governors of McGill University ⓘ
formedBy Board of Governors of McGill University ⓘ
governingBodyOf financial governance aspects of McGill University ⓘ
hasJurisdictionOver McGill University ⓘ
hasParentOrganization Board of Governors of McGill University ⓘ
McGill University ⓘ
hasScope compliance oversight ⓘ
financial reporting oversight ⓘ
internal control oversight ⓘ
risk management oversight ⓘ
languageOfWork English ⓘ
locatedIn Montreal, Quebec, Canada ⓘ
mayUseLanguage French ⓘ
oversees audit processes of McGill University ⓘ
financial reporting of McGill University ⓘ
internal controls of McGill University ⓘ
partOf Board of Governors of McGill University ⓘ
reportsTo Board of Governors of McGill University ⓘ
responsibleFor assessing effectiveness of internal control systems ⓘ
assessing risk management practices ⓘ
monitoring implementation of audit recommendations ⓘ
monitoring integrity of financial statements of McGill University ⓘ
overseeing compliance with applicable laws and regulations related to finance ⓘ
overseeing internal audit function ⓘ
overseeing relationship with external auditors ⓘ
recommending appointment of external auditors to the Board of Governors ⓘ
reviewing annual financial statements before Board approval ⓘ
reviewing auditor independence ⓘ
reviewing external audit plans ⓘ
reviewing internal audit plans ⓘ
reviewing quarterly financial information when applicable ⓘ
reviewing significant audit findings ⓘ
sector higher education ⓘ
website https://www.mcgill.ca/ (organizational portal; specific committee page under governance/board) ⓘ

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

McGill University Board of Governors → hasCommittee → Audit Committee of the Board of Governors of McGill University ⓘ